KONE won an order for the Suning Rui City high rise in Nanjing, China

Press Release Published 06/18/2012

KONE Corporation, press release, June 18, 2012

KONE has won an order to deliver 54 elevators to the Suning Rui City Phase E07 high-rise development in Nanjing, China. The mixed use complex with an area of 150,000 square meters will house a luxury hotel, as well as office, and retail space. Suning Rui City phase E07 is located close to Nanjing's top commercial center and local famous landmarks.

KONE will deliver 46 KONE MiniSpace(TM) 8 eight KONE MonoSpace® elevators. A traffic monitoring system, KONE E-Link, will help the facility managers ensure a high level of service for vertical transportation in the 230-meter-high tower and in the seven-story podium of which three stories serve as an underground car park.

"We are honored that the high service level of our team has been recognized in providing optimal People Flow solutions in a new commercial real estate project," says William B. Johnson, Managing Director of KONE China. "We are very pleased to continue our cooperation with Suning Real Estate in another high-end project."

Developed by Suning Real Estate, the project has been designed by local architect Nanjing Changjiang Urban Architectural Design Co., Ltd. The main contractor of Suning Rui City is China Construction First Building Group Corp. Ltd. The order was booked in the first quarter of 2012 and the project is expected to be completed in 2014.

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

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 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.


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