Otis Elevators Selected for Shenzhen Qian Hai International Financial Centre

Shenzhen Qianhai IFC

TIANJIN, China, July 20, 2016 – The Qian Hai International Financial Centre (Qian Hai IFC), a landmark mixed-use complex now under development in Shenzhen, south China, will feature 67 Otis elevators and escalators. Otis, the world’s leading provider of elevators, escalators and moving walkways, is a unit of United Technologies Corp. (NYSE: UTX).

Located in the Qian Hai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone with an area of over 5.1 million square meters, Qian Hai IFC consists of three towers with the tallest at more than 260 meters. The complex is expected to be developed into a world-class financial hub and will be a magnet for many of the world’s leading companies and financial institutions.

Otis China will provide 67 elevator and escalators for Qian Hai International Financial Centre.

It will be served by 40 Otis SkyRise® elevators with speeds of up to 7 meters per second and 11 Gen2® elevators. The elevators will use the Otis CompassPlus™ destination dispatching system, which enhances elevator efficiency by grouping passengers and stops resulting in reduced wait time. The elevators will be provided by Otis Elevator (China) Co., Ltd. (Otis China), the local Otis entity.

Designed for high rise buildings and skyscrapers, 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 Chow Tai Fook Center and Chengdu Yintai Center, have chosen Otis SkyRise® elevators. When completed this year, the 599-meter Ping’an Financial Center will become the tallest building in Shenzhen.

Based on Otis’ patented Smart Grouping Technology, CompassPlus™ is designed for high rise commercial and residential buildings to enhance passenger riding experience through smart elevator destination management. Compared to conventional dispatching systems, CompassPlus™ gets passengers to their destinations up to 46 percent faster.

“Qian Hai IFC is a testament to Otis’ proven SkyRise technologies and high rise building service support,” said Tony Black, president of Otis Elevator (China) Investment Co., Ltd.

About Otis
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 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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