TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (President and CEO: Setsuhiro Shimomura) (TOKYO: 6503) announced today it has received an order from Shenzhen Kingkey Real Estate Co., Ltd. for a total of 129 elevators to be installed in the Kingkey Finance Center and neighboring buildings in the vicinity. The 98-floor super high-rise building, which is now under construction in Shenzhen City, Guangdong Province, China, is planned to be the tallest building in South China at a height of 439 meters. The Kingkey Finance Center will house a luxury hotel, business offices and commercial facilities. With the buildings scheduled for completion in 2012, Mitsubishi Electric plans to begin elevator shipments in December 2009 and finish by November 2011. The order will be worth approximately 188 million RMB (2.6 billion yen) and will include the following products: * 6 large-capacity double-deck elevators that can carry 3,200 kilograms, or 42 persons (75 kilograms/person), at a time * 55 high-speed elevators with a maximum speed of 120m/min or more, including a 540m/min super-high-speed elevator * 8 low-speed elevators with a maximum speed of 105m/min or less * 60 elevators for neighboring buildings in the vicinity The elevators for the Kingkey Finance Center project will be manufactured by Mitsubishi Electric Corporation Inazawa Works, Shanghai Mitsubishi Elevator Co., Ltd. and Mitsubishi Electric Shanghai Electric Elevator Co., Ltd. To date, Mitsubishi Electric has supplied elevators and escalators to Shenzhen Kingkey Real Estate through Shanghai Mitsubishi Elevator, a 40-percent owned Mitsubishi Electric Group joint-venture. The order for this project was won as a result of the leading technologies and services offered by the three companies.
