KONE wins an order for Tianjin Luneng Lvyinli, a mixed development project in China

October 14, 2015

KONE Corporation, press release, October 14, 2015

KONE, a global leader in the elevator and escalator industry, has won an order to supply elevators and escalators for the upcoming Tianjin Luneng Lvyinli project, an integrated development project in Tianjin's downtown area. KONE will deliver 31 KONE Minispace(TM) and 23 KONE S Monospace® elevators, as well as 4 KONE TravelMaster(TM) escalators.

Dubbed as one of the most iconic developments in the busy Tianjin city center, the ambitious Tianjin Luneng Lvyinli will house a prestige office, a 5-star hotel and high-end apartments. This will include one office tower, five apartment towers and the hotel in the podium. While the office tower will stand tall at 40 stories, the five apartment towers will have floors ranging from 34 to 48. The elevators in the office tower will reach a maximum travel speed of 5m/s.

"KONE believes in working in tandem with the client right from the start of the project," says William B. Johnson, Executive Vice President for KONE Greater China. "Our sales team has been closely involved in helping the customer design its vertical transportation system in order to ensure the adequate movement of people within the complex."

Tianjin Luneng Lvyinli is developed by Tianjin Luneng property Co.,Ltd and is scheduled to be completed by the end of 2017. The order was booked in Q3 2015.

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330, media@kone.com

Previously published press releases are available at www.kone.com/press including:
October 6, 2015: KONE wins impressive order for Nanjing Qing Ao Center Tower 2
July 3, 2015: KONE to equip Hangzhou's Ping An Financial Center in Zhejiang Province, China
April 2, 2015: KONE wins order to equip Beijing's tallest building to be

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.