2014 Articles › 10.21.2014

10.21.2014 NANCHANG, China

Xizi Otis to Supply Elevators for Nanchang’s Super High-rise Landmark

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Xizi Otis Elevator Co. Ltd (“Xizi Otis”) announced that Xizi Otis will supply 82 energy-saving elevator systems for Central Finance Avenue, a super high-rise commercial building under development by Jiangxi Angel Group in Nanchang in eastern China. Xizi Otis also will supply elevators and escalators for Angel Group real estate projects, including hotels, office buildings and residential developments throughout China. Xizi Otis is a subsidiary of Otis Elevator (China) Investment Company Limited, which is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (NYSE: UTX).

“Central Finance Avenue will become the highest building in Jiangxi province when it is completed,” said Alan Cheung, president, Xizi Otis. “Xizi Otis is honored to have been selected by Angel Group for this new green building landmark and other projects ahead.”

At 272 meters, the 58-story Central Finance Avenue will be a landmark for Nanchang’s central business district as well as a model for urban development in the city. To provide exceptional riding comfort and speeds of up to 6 meters per second, Central Finance Avenue will deploy state-of-the-art elevator technologies from Xizi Otis, including Gen2®, ReGen™, XO-8000 and Elevonic® systems. It will also deploy Otis’ Compass™ intelligent destination management system to ensure efficient passenger movement, along with Otis’ patented ReGen drives, which reduce energy consumption by up to 75 percent compared to traditional elevators.

“Angel Group is pleased to work with Xizi Otis to create green buildings that will not only provide high-quality living and working environments but also help China meet its energy efficiency goals,” said Li Bin, Angel Group chairman.

For more information, please visit www.xiziotis.com or follow @OtisElevatorCo on Twitter.

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

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About Otis
Otis is the world’s largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded 161 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 1.8 million elevators and escalators worldwide. Otis is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com or follow @OtisElevatorCo on Twitter.

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