KONE wins order for Fuxing WFC, an exclusive commercial hub in Changsha Financial Ecological Zone, 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 85 elevators and 92 escalators for Fuxing WFC - the massive commercial hub of Changsha Financial Ecological Zone in China.

Strategically located in the heart of Changsha's Central Business District, Kaifu, the Fuxing WFC project is garnering a lot of attention and strong support from Changsha local government.

With a construction area of over 1 million square meters in the sprawling Changsha financial ecological zone, the Fuxing WFC complex will house 3 Class A office buildings, each building with floors ranging from 33 to 44 levels above ground and 4 underground floors.

KONE's state-of-the-art solutions will facilitate safe and smooth flow of an estimated 4,500 people a day in Building A, which translates into over 90,000 people per month. Meanwhile, Buildings B & C are expected to attract an estimated traffic of 80,000 and 65,000 people a month, respectively. The elevators will be connected to the KONE E-link(TM) system for seamless and real-time monitoring of their performance.

"KONE provides competitive solutions for vertical transportation by understanding and analyzing the project's needs and that is what won us the client's recognition and trust for this project," says William B. Johnson, Executive Vice President for KONE Greater China.

Fuxing WFC is developed by Hunan Fuxing Real Estate Development Co. Ltd and is scheduled to be completed by June 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.

www.kone.com