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KONE wins order for expansion of Zhengzhou's metro

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KONE Corporation, press release, January 11, 2016

KONE Corporation, one of the global leaders in the elevator and escalator industry, will outfit ten stations with its vertical transportation solutions as the Zhengzhou metro line 1 moves into the second development phase of its construction. The order includes 20 KONE MonoSpace® elevators and 109 KONE TransitMaster(TM) escalators. 
Once completed, millions of commuters will use the installed equipment every day. Zhengzhou, which is a city located in the eastern-central part of China, is home to approximately 2.6 million people. 
"KONE has a long and successful track record of providing solutions for the public transportation segment in China," says William B. Johnson, Executive Vice President for KONE Greater China. "We are excited to be part of a project which will facilitate the daily commute for millions of Zhengzhou's residents and visitors."
Zhengzhou's line 1 will extend to the eastern part of the city and the trains will carry passengers a further 5.5 kilometers, linking the Sports Centre with two university stations, as well as connecting to metro line 6. To the west, a further 9.6 kilometers of track will be added from Henan's University of Technology, connecting the line to a further seven stations. 
The order was booked in the fourth quarter of 2015.
Previous press releases on KONE's orders are available at www.kone.com/press, including:
For further information, please contact: 
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330. media@kone.com
About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

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