KONE wins order for GDH City mixed-use development in Shenzhen, China

Press Release Published 22/12/2020

KONE Corporation, press release, December 22, 2020

KONE Corporation, a global leader in the elevator and escalator industry, has won an order to deliver 50 elevators to GDH City, a new mixed-use development in Shenzhen, in the Guangdong province of southeast China. Also known as the "Silicon Valley of China", Shenzhen is a vibrant global technology hub, as well as being the city with the most completed skyscrapers over 200 meters in height.

  GDH City will comprise of business apartments, two office towers of 180 and 303 meters as well as commercial space, including a 100,000 square-meter experiential shopping mall. The combination of business, commerce, living, culture and natural surroundings, the development is expected to bring a new type of customer experience to Shenzhen city center.

KONE will deliver 46 KONE MiniSpace™ elevators and four KONE MiniSpace™ DoubleDeck elevators for the project. In addition, the buildings will be equipped with the KONE Destination Control System to reduce waiting and traveling times, as well as the KONE E-link™ monitoring system, which can keep track of the performance of all the equipment in real time from a single location. The contract also includes two years of standard maintenance.

  "Shenzhen is one of the most popular cities in southeast China, best known for business and family friendly shopping and entertainment. It is a great pleasure to be chosen as a solution provider for this project and we look forward to helping our customer create the best people flow experience for tenants and visitors at their flagship development," said William B. Johnson, Executive Vice President, KONE Greater China.

The project is estimated to be completed in 2023, and it is developed by Guangdong Land Holdings Ltd.

  KONE booked the order in the second quarter of 2020.

 For further information, please contact: 
Hanna Rutanen, Director, External 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:
December 15, 2020: KONE to equip Beijing Metro Line 12 in China
October 20, 2020: KONE to equip Nanfeihong Plaza mixed-use development in Xi'an, China
August 18, 2020: KONE to equip phase two of Chongqing Metro Line 6 in China
April 15, 2020: KONE UltraRope® to feature in a new luxury hotel tower in Nanjing, 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 2019, KONE had annual sales of EUR 10 billion, and at the end of the year approximately 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

KONE GDH City Press release

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