The first KONE UltraRope® in China to be installed in Beijing's tallest building, China Zun

Trade Press Release Published 10/13/2016

KONE Corporation, Trade press release, October 13, 2016

KONE Corporation, a global leader in the elevator and escalator industry, will provide China Zun, Beijing's tallest building-to-be with the latest high-rise solutions available in the industry. The mixed-use skyscraper is currently being assembled with the help of KONE JumpLift(TM) construction-time elevator, and once completed, the landmark building's elevators will be hoisted using the revolutionary KONE UltraRope® high-rise rope technology.

Located in Beijing's Central Business District, the 108-story China Zun will reach a height of 528 meters. The structure currently reaches a height of 337 meters and, once the construction of the underground area has been completed, the tower will rise at the speed one floor every three and a half days.
The super-light KONE UltraRope technology provides unrivalled elevator eco-efficiency, reliability and durability, while also improving elevator performance. It eliminates the disadvantages of existing steel ropes and enables elevator travel heights up to 1,000 meters.
The KONE JumpLift is a self-climbing elevator that uses the building's hoist-ways while under construction, following the formwork as the building grows higher. The solution provides faster, safer, and more reliable elevator service during construction. JumpLift improves people and material flow efficiency by up to 20%, and can consequently shorten overall construction schedules which means a quicker return on investment.

"KONE JumpLift is currently the leading technology in the world that can solve the vertical transportation capacity problems on a super high-rise construction site," says Mr. Wang Wuren, Deputy Chairman and General Manager of CITIC Heye Investment Co., Ltd. "At construction peak time, we employ over 4,000 workers on the site. Construction-time elevators shorten the waiting time from more than one hour to about ten minutes per person, per day. With this advanced equipment, that means a saving of more than a million working hours during the project."

"We are proud to partner with CITIC on a landmark building of this magnitude," says William B. Johnson, KONE Executive Vice President for Greater China. "KONE's UltraRope has captured the industry's attention globally by enabling greater height and greater energy and material efficiencies, and we're excited to introduce this solution to a Chinese customer for the first time."

China Zun will be equipped with 142 KONE elevators and escalators when completed in 2018. The structure will house office and commercial space and an observation deck, and it is designed by a group of world-renowned agencies: Kohn Pedersen Fox, Beijing Institute of Architectural Design, CITIC Architectural Design, Arup and Parsons Brinckerhoff.

Read more
KONE UltraRope®
KONE Jumplift construction time elevator
Previous press releases on KONE's orders are available at www.kone.com/press including:

September 2, 2016: KONE listed as one of the World's Most Innovative Companies by Forbes for the sixth year running
March 16, 2016: KONE wins order for Australia 108 luxury apartment building in Melbourne
April 2, 2015: KONE wins order to equip Beijing's tallest building to be
December 22, 2015: KONE to deliver passenger elevator to reach 400m deep underground nuclear waste storage in Finland
June 5, 2014: KONE wins order for Saudi Arabia's Kingdom Tower, the world's tallest building
October 1, 2013: First KONE UltraRope(TM) installed at Marina Bay Sands, Singapore

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 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com

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