First Otis Electric Escalators Installed in Beijing Central Business District

XOEC Aika Business Center



BEIJING, China July 15, 2016 – Following the launch of the Otis Electric brand in China earlier this year, the first Otis Electric escalators were recently installed at the Aika International Business Center in Beijing’s Central Business District in Chaoyang District. This marks a key milestone for Otis Electric’s development in China. Otis Electric is a sub-brand of Otis Elevator Company, which is a part of Otis, a unit of United Technologies Corp. (NYSE: UTX).

The Aika International Business Center is a new shopping mall with retail outlets, dining and recreational facilities. Approximately 100 Otis Electric escalators have been installed in the complex.

“The installation of the first batch of Otis Electric escalators in the Beijing Central Business District is a milestone for the Otis Electric brand development in China,” said Lawrence Chui, president, Otis Electric and Xizi Otis. “We continue to provide comprehensive elevator and escalator solutions for residential and commercial buildings, as well as public infrastructure projects to meet diverse customer needs.”

Xizi Otis, through the Otis Electric brand, will also support the Hangzhou Municipal Administration of Quality and Technology Supervision with enhanced escalator services during the G20 Summit in Hangzhou in September.

About Otis Electric
Otis Electric, a brand of Otis, was introduced to China in January 2016. The Otis Electric brand is authorized to Xizi Otis Elevator Co., Ltd. for use in China, supported by manufacturing facilities in Hangzhou and Chongqing, as well as an accredited testing laboratory and over 240 branches and service depots across China. With strong capabilities to deploy the latest technologies in products and services, Otis Electric is dedicated to satisfying customer needs, especially in the residential, commercial and public infrastructure segments.

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. 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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