TIANJIN, China, Sept. 25, 2017 — Otis China has become the exclusive elevator and escalator partner of China Jinmao Holdings Group. Under the new strategic cooperation agreed between the two companies, Otis China will provide elevators and escalators for the group’s high-end residential, commercial and hotel projects in China over the next two years.
China Jinmao is a well-known property developer with a footprint in more than 20 key cities. It was ranked 230th on the Fortune China 500 list in 2017and 198th on World Brand Lab’s 500 Most Valuable Brands in China list in 2017.
“We are honored to be the exclusive strategic partner of China Jinmao and to have the opportunity to contribute our world-class products and services to landmark projects,” said Luis Molina, President of Otis Elevator (China) Investment Co., Ltd (OCL). “We continue to expand the Otis footprint in the high-end market segment in China.”
A trusted partner of China Jinmao, Otis China has supplied products for China Jinmao’s Mansion series of upscale residential projects in Guangzhou, Tianjin and Nanjing, as well as Sino-European International City in Qingdao.
Otis is the world’s leading 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 approximately 200 countries and territories. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information, visit www.otis.com, or follow Otis on LinkedIn, YouTube and as @OtisElevatorCo on Twitter, Facebook and Instagram.