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Development of Giant Tongli Elevator Co., Ltd.

Zhejiang Giant Elevator Co., Ltd. has been producing elevators since 1978. It is the earliest enterprise in China to obtain a manufacturing license. After decades of development, it has established a solid foundation in product structure, management mode, team building, factory conditions, market network, service system and so on. It is a provincial high-tech, provincial famous trademark and provincial famous brand product enterprise. It is also a provincial credit demonstration unit, a AAA-level enterprise that values credit and abides by contracts; At the same time, it is also a demonstration enterprise of information engineering in manufacturing industry and the first batch of green enterprises in the province. GP2 passenger elevator won the national new product award.

KONE Group's advanced business philosophy, strong R&D strength, scientific operation mode, global sales and service network and Giant Elevator Company's domestic leading manufacturing capacity, complete product series, nationwide sales and service network and excellent corporate culture complement each other's cooperation, and will enable more customers to enjoy the elevator technology and service of world-class brands, which is a shining example of strong cooperation and perfect combination.

The registered capital of the company is RMB 1 million 1 yuan, with Giant Elevator Company accounting for 6% of the share capital and Finland Kone Group accounting for 4% of the share capital, with a total investment of RMB 224.3 million, and a joint venture term of 5 years. The factory is located in Nanxun Economic Development Zone, Zhejiang Province, adjacent to Shanghai, covering an area of 91,957 square meters. It has the top production equipment and world-class production conditions in the same industry in China, such as: fully automatic flexible sheet metal production line in Savani, Germany, fully automatic spraying production line in Wagenaar, Japan's AMADA servo CNC bending machine, Japan's muratec CNC multi-position punch press, Belgium's LVD CNC bending machine, LVD CNC shearing machine, Japan's Kimura CNC point projection welding machine and so on. The annual production capacity of elevators, escalators and moving sidewalks can reach 15, sets.

Finland kone group and Zhejiang giant holding co., ltd signed an agreement on the equity transfer of giant kone elevator co., ltd in may 211. The transaction was officially delivered on December 1, 211 after approval by commercial departments at all levels and relevant formalities. This indicates that KONE Group successfully acquired 4% of the shares of giant KONE from Giant Holdings, and the shares of KONE Group in giant KONE rose from 4% to 8%. As the Chinese shareholder of Giant Kone, Giant Holdings holds 2% of its shares; Giant Kone continued to operate independently, with Mr. Jiang Zhenhui as the general manager and Mr. Qian Jiang as the chairman.

the company has passed the ISO91 quality management system, ISO141 environmental management system, OHSAS181 occupational health and safety management system international certification and the leading product EU CE certification, and has a high-level manufacturing license and A-level installation, renovation and maintenance license in the same industry in China; The national key project-"Research on product configuration management technology of mass customization and its application in elevator industry" (MC for short) is at the leading level in the same industry in China.

giant kone standard products are composed of escalators, moving sidewalks, passenger elevators, sightseeing elevators, sickbed elevators, freight elevator and other series. As a pioneer of environmental protection and energy saving, Kone's machine room-less elevator technology is the best in the world. Giant Kone also provides machine room-less and small machine room solutions for passengers, sightseeing and sickbed elevators.