KONE to equip Tianjin Pingan Teda IFC dual tower in China

Press Release Published 14/11/2019

KONE Corporation, press release, November 14, 2019

KONE Corporation, a global leader in the elevator and escalator industry, will deliver 54 elevators and 20 escalators to Tianjin Pingan Teda IFC, a luxury mixed-use development in the city of Tianjin, located in the north-east of China. The building will comprise of two towers rising up to 313 meters and 240 meters in height, including office space, luxurious apartments, and a high-end shopping center.

Throughout the new building, a big emphasis is given to sustainability by implementing for example energy saving solutions. Tianjin Pingan Teda IFC is also planned to host Tianjin's first boutique shopping center that will encompass the themes of art, culture and ecology, and the 68-storey residential building will combine both living spaces and functional leisure spaces.

KONE will deliver 12 KONE MonoSpace® elevators, 37 KONE MiniSpace™ elevators, four KONE MiniSpace™ DoubleDeck elevators and one KONE MiniSpace™ Transformer elevator, as well as 20 KONE TravelMaster™110 escalators to the development. Additionally, the building will be equipped with KONE E-Link™ equipment monitoring system, securing the best possible tenant service quality in the building. The contract also includes two years of standard maintenance.

"Tianjin Pingan Teda IFC will become a significant landmark in Tianjin and serve a large amount of people every day. We look forward to offering our solutions to this building to smoothen the people flow of all tenants," said William B. Johnson, executive vice president, KONE Greater China.

Tianjin Pingan Teda IFC is scheduled for completion in 2022 and it is developed by Tianjin Meiyin Real Estate Co., Ltd.

KONE booked the order in the second quarter of 2019.

For further information, please contact:
Hanna Rutanen, Director, External Communication, tel. +358 41 5071361, media@kone.com

Read more
Previous press releases are available at www.kone.com/en/news-and-insights/releases/ including:
October 17, 2019: KONE to equip Nanning Metro Line 4 in China
September 26, 2019: KONE wins order to equip JiNan PingAn IFC tower in China
July 16, 2019: KONE to equip Shanghai Metro Line 15
January 28, 2019: KONE wins order for first phase of the Shanghai Metro's Line 18 

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 2018, KONE had annual net sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

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