KONE solutions to enable smooth flow of people in Hainan Tower, China

March 21, 2013

KONE Corporation, press release, March 21, 2013

KONE has won an order for 31 elevators and four KONE TravelMaster® 110 escalators to be installed at the Hainan Tower, a landmark construction project in the city of Haikou, in the Southern Chinese province of Hainan. The order includes 28 KONE MiniSpace(TM) elevators and three KONE MonoSpace® elevators.

The KONE MiniSpace elevators have a maximum load capacity of 1,600 kg and will travel at a top speed of six meters per second. KONE will also supply its KONE E-Link remote equipment monitoring system to the project.

In addition to a 45-story main building that rises to a height of nearly 200 meters, the project includes an 80-meter, 17-story annex building and a lower podium. The commercial office building, which will also include shops and restaurants, is expected to be completed by the end of 2013 and will formally be opened to the public by the end of 2014.

"We are happy that our People Flow® solutions were chosen to help people move smoothly and without unnecessary delays in the Hainan Tower. Our traffic flow analysis tools helped us work with the customer to come up with the best solutions for this project," said William B. Johnson, Executive Vice President for KONE in Greater China.

The project is contracted by Beijing Construction Engineering Group Co., Ltd. and the building architects are Zhongxu Planning & Architecture Design Co., Ltd.

KONE booked the order in the last quarter of 2012.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775

Previous press releases on KONE's orders for mixed-use buildings are available at www.kone.com/press including:

March 13, 2013 KONE to equip redeveloped Kuntsevo Center in Moscow  
March 12, 2013 KONE wins super high-rise order in Chongqing, China
November 2, 2012 KONE to supply People Flow solutions for Suzhou Modern Media Plaza

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2012, KONE had annual net sales of EUR 6.3 billion and some 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.