Xizi Otis Chongqing Facility Ships Its 30,000<sup>th</sup> Elevator

Otis Delivery

CHONGQING, China, November 10, 2015 - Xizi Otis Elevator Co., Ltd (Xizi Otis) celebrated a milestone with the delivery of its 30,000th elevator from its Chongqing manufacturing facility. Officials from Chongqing Liangjiang New District and Northern New District, together Alan Cheung, president, Xizi Otis officiated at a ceremony commemorating the achievement. Otis is a unit of United Technologies Corp. (NYSE: UTX), a leading provider to the building and aerospace industries worldwide.

"The 30,000th elevator delivery milestone underscores Xizi Otis’ strong commitment in supporting China’s ongoing urbanization,” said Cheung. “We thank the Chongqing municipal government for their strong support. We are proud of our world-class manufacturing facility.”

Located in Chongqing New North Zone with an area of over 40,000 square meters, the Xizi Otis Chongqing plant deploys Otis’ proven technologies and high quality standards, the Xizi Otis Chongqing facility manufactures energy-efficient elevators such as the Gen2® and OH5100. In 2014, the factory earned LEED Gold® certification from the U.S. Green Building Council®. Together with Xizi Otis’ facility in Hangzhou, the Chongqing facility supports customer needs in China.

The 30,000th unit manufactured by the Xizi Otis Chongqing facility belongs to its newly launched Gen2®-MR family, an energy-conserving elevator designed for the Chinese segment. Otis' patented technologies, including flexible polyurethane-coated steel belts were deployed in the core design of the Gen2®-MR, replacing traditional steel wire rope to improve efficiency and passenger comfort.

The compact Gen2® gearless small machine room system saves space, and when combined with the ReGenTM regenerative drive, the Gen2 elevator system is up to 75 percent more energy efficient than conventional systems with non-regenerative drives.

“With its unique central location connecting different geographical regions, Chongqing is a key strategic transport hub under the state policy of "One Belt and One Road," said Wang Jumeng, Representative of Chongqing Northern New Area Party Working Committee and Deputy Director of Chongqing Northern New District Management Committee. “We look forward to supporting the continued success of Xizi Otis.”
For more details,please visit www.xiziotis.com.

About Xizi Otis

Xizi Otis Elevator Co., Ltd is a subsidiary of Otis Elevator (China) Investment Company Limited, which is a unit of United Technologies Corp. (NYSE: UTX). Founded in 1997, Xizi Otis has two manufacturing facilities, in Hangzhou and Chongqing, as well as a testing lab accredited by the Certification and Accreditation Administration of the People’s Republic of China (CNAS) and an R&D center staffed by more than 120 engineers.

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

Xizi Otis celebrates the delivery of the 30,000th elevator from its Chongqing manufacturing facility in west China

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