KONE Elevator from Finland Expands Investment in Guangdong-Hong Kong-Macao Greater Bay Area, with Its Southern China Headquarters Settled in Qianhai, Shenzhen

 KONE Elevator from Finland Expands Investment in Guangdong-Hong Kong-Macao Greater Bay Area, with Its Southern China Headquarters Settled in Qianhai, Shenzhen

Recently, the Administration of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and Finland's KONE Elevator signed a strategic cooperation agreement. KONE has officially launched its investment plan for the Guangdong-Hong Kong-Macao Greater Bay Area, setting up its Southern China headquarters in Qianhai, Shenzhen, and building R&D centers, smart logistics and assembly centers. Leveraging Qianhai's advantages, the company will focus on regional market expansion, customer service and resource integration, further enhance operation and management capabilities, speed up localized response, and achieve a comprehensive upgrade of service efficiency.

Philippe Delorme, President and CEO of KONE Corporation, stated at the signing ceremony that this layout in Qianhai, Shenzhen is a solid practice of KONE's firm confidence in the Chinese market. It aims to help the Guangdong-Hong Kong-Macao Greater Bay Area build a world-class urban cluster, and contribute to smart city construction and sustainable development.

Bao Jiafeng, Executive Vice President of KONE Corporation and President of Greater China, noted that the Guangdong-Hong Kong-Macao Greater Bay Area is one of China's most dynamic and innovative regions. As a key platform for Shenzhen-Hong Kong cooperation, Qianhai boasts a solid industrial foundation, superior geographical location, convenient transportation network and efficient government services, which provide strong support for KONE to expand its market presence in the Greater Bay Area.

Over the 15 years of development and construction, Qianhai has adhered to the principle of "relying on Hong Kong, serving the mainland, and facing the world", continuously fostering a market-oriented, law-based and international business environment to attract global investors. In Qianhai, foreign-invested enterprises can choose extraterritorial laws to mediate and resolve civil and commercial contract disputes through agreements. The zone has built 4 international neighborhoods, 8 international medical institutions and 9 international schools. From 2021 to 2024, Qianhai's actual utilized foreign investment totaled 117.1 billion yuan. In the first half of 2025, its actual utilized foreign investment reached 12.326 billion yuan, up 15.9% year on year. At present, 12,000 foreign-invested enterprises have settled in Qianhai, and 203 Fortune Global 500 enterprises have made investments here. Qianhai has become one of the top destinations for foreign enterprises to invest in China.

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