Hitachi Elevator and Zhongtian Financial Group Seal Strategic Partnership

GUIYANG,China,Oct. 29,2020 -- On October 14,a ceremony to seal a strategic partnership deal between Hitachi Elevator and Zhongtian Financial Group was held in Guiyang. During the occasion,the Director and Executive Vice President of Zhongtian Financial Group,Li Kai and,the Vice President of Hitachi Elevator (China) Co.,Ltd.,Liang Yaoqiang signed the strategic partnership framework agreement on behalf of their respective companies. Both parties agreed in unison to establish a long-term and stable strategic partnership and to jointly support the urbanization development strides and construction of Guizhou province.

Hitachi Elevator and Zhongtian Financial Group Seal Strategic Partnership

Zhongtian Financial Group is the first publicly listed company in Guizhou province. Its real estate business covers areas such as urban renewal,industry upgrading,urban construction,boutique real estate projects and livelihood improvement. Based in Guizhou,the company focuses on developing the region,and extending its influence to Southwestern China. As a quality city operator,a comprehensive community service provider,and a leading real estate company in Guizhou,it has created many benchmark projects in the region.

Hitachi Elevator has always attached great importance to the Guizhou market,and been the market leader in Guizhou's elevator market for three consecutive years. Over the years,Hitachi Elevator and Zhongtian Financial Group have maintained a very good cooperation relationship,and have worked together to build multiple landmark projects in the area.

In 2018,Hitachi Elevator won the bid to supply equipment for the construction of the tallest building in Guizhou,Guizhou Zhongtian Financial City ZTF Center. The company provided 87 products (81 elevators and 6 escalators) for the project,amongst which were,4 super high-speed elevators with a speed of 9m/s representing the highest speed in Southwestern China.

In 2019,Hitachi Elevator was selected to supply all the 191 elevators and escalators (153 elevators and 38 escalators) including 12 super high-speed elevators with a speed of 8m/s for the Zhongtian-Future Ark World Trade Center project,The A Tower of the 386 meter-high building is equipped with Hitachi's advanced Destination Floor Reservation System (DFRS),thereby effectively introducing real time and efficient smart elevators in high-rise buildings. The construction project is expected to be completed in 2022.

By setting the seal on this strategic partnership,Hitachi Elevator and Zhongtian Financial Group will further drive urban development and construction in Guizhou,get deeply involved in the urbanization process,build benchmark projects,and support high quality urban economic development.