KONE Corporation,
press release, September 22, 2025 
KONE Corporation, a global leader in the elevator and escalator industry, will equip railway stations on the new railway line connecting the cities of Ningbo and Xiangshan. The railway is planned to improve transportation between the two cities. It will be approximately 60 kilometers long and have ten stations. Once opened, the railway is expected to bring in around 1.2 million more tourists to the region every year.
"The Ningbo-Xiangshan railway is a great step towards smoother travel and city development. It will help improve daily lives of numerous people and boost tourism," says Joe Bao, KONE's Executive Vice President for the Greater China region. "We are proud to be part of China's growing rail network and help make transportation safer and more convenient for everyone."
The delivery comprises 16 MonoSpace® and 11 MiniSpace™ elevators and 90 TransitMaster™ escalators. It also includes a maintenance contract of eight years.
The main developer is Ningbo Line Twelve Suburban Railway Development Co., Ltd.
KONE booked the order in Q2 of
2025.
For further information, please contact:
Eveliina Linderborg, Senior Vice President, Communications, KONE Corporation, tel. +358451722151, eveliina.linderborg@kone.com
Read more:
Previous press releases are available at www.kone.com/en/news-and-insights/releases/ including:
Jul 20, 2024: KONE to equip eight stations along the new Line S2
of Nanjing metro in East China
Nov 23, 2022: KONE to equip phase two of Metro Line 10 in
Chongqing, China
Sep 28, 2022: KONE to equip phase one of Metro Line 16 in Xian,
China
Sep 15, 2022: KONE to equip Metro Line S1, the first urban rail
line in Suzhou, China
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2024, KONE had annual sales of EUR 11 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
