Otis China Awarded New Landmark Project in Hangzhou

Hangzhou Dikai Center_OCL

TIANJIN, April 20, 2016 – Otis Elevator (China) Co., Ltd. (“Otis China”) will supply 30 elevators and escalators for Zhejiang Dikai Center, a new 185-meter commercial and residential landmark now under development in Hangzhou, the capital of Zhejiang province, China. Otis, the world’s largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways, is a unit of United Technologies Corp. (NYSE: UTX).

Adjoining the new Hangzhou government buildings, Dikai Center is located at the heart of Qianjiang New City, Hangzhou’s central business district. With a construction area of about 185,000 square meters, the project will include grade A office space, high-end serviced apartments and other facilities.

Zhejiang Dikai Center will deploy 18 Otis Skyrise® elevators, six energy-efficient Otis Gen2® elevators and six Otis Link™ escalators. Designed for high rise buildings, the Otis Skyrise elevator offers a rise of up to 600 meters with single-deck, double-deck and super double-deck configurations. A number of China’s new urban landmarks, including Shenzhen Ping’an Financial Center, Tianjin 117 Goldin Finance Center and Chengdu Yintai Center, have selected the Otis Skyrise elevators.

“As China’s buildings continue to rise higher, Otis is reaffirming its leadership in high-rise elevator and energy-efficient elevator technologies,” said Tony Black, president, Otis Elevator (China) Investment Co. Ltd. “Winning the Zhejiang Dikai Center project allows Otis China to continue extending our footprint in the high-end commercial elevator segment in the Yangtze River Delta to support the region’s growth.”

About Otis
Otis is the world’s largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains more than 1.9 million elevators and escalators worldwide. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com.

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