KONE to equip the Shenzhen BinFengGui Industrial Park in China

Press Release Published 14/06/2023

KONE Corporation, press release, June 14, 2023 

KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply a suite of People Flow® solutions, including 60 KONE elevators, for the Shenzhen BinFengGui Industrial Park renewal project in China. 

The industrial park is located in the heart of the Longhua Qinghu business district and will feature office, commercial and residential amenities as well as public facilities. It will be built into a group of large-scale complexes integrating office, commercial, residential, urban public facilities and other functions, shaping the skyline of Longhua Qinghu business district.  

KONE's delivery includes 60 MiniSpace™ elevators. In addition, the contract includes KONE E-Link™ remote monitoring and three-year standard maintenance service. 

"We are very pleased to be a part of this ambitious project" says Joe Bao, KONE executive vice president of Greater China. "We look forward to delivering our solutions to improve the flow of urban life in Shenzhen." 

The main contractor is Shenzhen Rongheng Industrial Group Co, Ltd, and the main developer is Hongfa Group. The project is expected to be completed in 2025. 
KONE booked the order in the fourth quarter of 2022. 
For further information, please contact:   
Hanna Rutanen, Head of Communications, KONE Corporation, tel. +358 41 507 1361, media@kone.com   
Read more  
Previous press releases are available at https://www.kone.com/en/news-and-insights/releases/ including: 

March 29, 2023: KONE to equip phase three of Xi 'an Xianyang International Airport expansion 
September 28, 2022: KONE to equip phase one of Metro Line 16 in Xian, China 
September 15, 2022: KONE to equip Metro Line S1, the first urban rail line in Suzhou, China 
June 30, 2022: KONE to equip phase 1 of metro line 10 in Zhengzhou, China

About KONE  
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2022, KONE had annual sales of EUR 10.9 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com


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