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Friday, 22 December 2017

KONE wins order for Qindao-Jinan railway station building in China's Shangdong province

KONE OYJ    

KONE wins order for Qindao-Jinan railway station building in China's Shangdong province

KONE Corporation, press release, December 22, 2017

KONE Corporation, a global leader in the elevator and escalator industry has won the order to supply 78 escalators for the new Qingdao-Jinan railway line main station building Hong Dao in the coastal city of Qingdao.

For several years, Qingdao has been named as China's most livable city, and it will see the construction of a 307km long high-speed railway line with a final destination in Jinan, the capital of Shangdong province. The one-way transport capacity of high-speed trains traveling between Qingdao and Jinan will be up to 50 million people per year.

For a smooth, safe and pleasant passenger experience, KONE will be equipping the Hong Dao station building with 78 KONE TransitMaster(TM) escalators, which are optimized for transit centers. 

"The new Qingdao-Jinan railway line complements the world-class infrastructure Qingdao already enjoys. We're excited to deliver our solutions to meet the demanding, round-the-clock people flow needs at the new Hong Dao station and contribute to a premium passenger experience," says William B. Johnson, Executive Vice President for KONE Greater China.

The Hong Dao station is designed by Hang Zhou China United Zhu Jing Architecture DESIGN Co., Ltd, developed by The Jinan Qingdao Railway Co. Ltd. and built by China Construction Eighth Engineering Bureau Co., Ltd. The new station is expected to open for public in 2018.
 
The order was booked in the third quarter of 2017.

Previous press releases are available at www.kone.com/press including:

October 25, 2016: KONE wins order for China's Xi'an Metro Line 4
August 26, 2016: KONE wins order for new main line of Chongqing metro in China
January 11, 2016: KONE wins order for expansion of Zhengzhou's metro

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330. media@kone.com

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 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: KONE OYJ, PL 7, Espoo 02151, Suomi
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