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Notice of May Day Labor Day Holiday to Customers   Dear valued customers,   As May Day Labor Day approaches, we would like to inform you that our company will be taking a break to celebrate this important holiday. Please take note of the following details regarding our operating hours during the holiday period:   1. Holiday dates: Our company will be closed from May 1st to May 5th, 2026. totaling 5 days. Make-up work will be on May 9 (Saturday).   2. Service availability: During the holiday period, our customer service team will not be available to assist with any inquiries or orders. However, you can still place orders by emails, and they will be processed as soon as we return to work.   3. Shipping delays: Please be aware that there may be delays in shipping and delivery times due to the holiday break. We apologize for any inconvenience this may cause and appreciate your understanding.   4. Office reopening: Our company will resume regular operations on May 6th, 2026. If you have any urgent matters that require immediate attention, please contact us before the holiday period begins.   We would like to take this opportunity to express our gratitude for your continued support and loyalty. We value your business and look forward to serving you again once we return from our break.   We wish you a happy and relaxing May Day Labor Day holiday. Thank you for your understanding.   Best regards,   [ Jason LEE ] [ Vice-President ] [ CEP Elevator Products ( CHINA ) Co., Ltd. ] Sales & Support: +86 189 6827 8118 Fax: +86 574 6377 2926   Go Everywhere Together with CEP Elevator Products Global Elevator Support with CEP Elevator Products

The Central Bank of Nigeria announced on April 16, 2026, that from May 1, 2026, overseas remittances will no longer be made in U.S. dollars, and will only be settled in naira through designated accounts, marking the official end of its U.S. dollar payment model. 1. Core Policy Content 1.1. Implementation Time: The new regulation will officially take effect on May 1, 2026, with a transition period from the date of announcement to April 30. 1.2. Scope of Application: Applicable to overseas remittance services, requiring all cross-border capital flows to be completed through designated Naira accounts. Direct settlement channels in US dollars and other currencies will be closed.   2. Policy Background and Motivation 2.1. Alleviation of Local Currency Depreciation Pressure: The Central Bank of Nigeria previously imposed import restrictions due to the sharp depreciation of the Naira, leading to tight liquidity in the foreign exchange market. This policy adjustment aims to stabilize the exchange rate through local currency settlement. 2.2. Acceleration of De-dollarization Trend: Several African countries (such as Kenya and the Democratic Republic of Congo) have recently introduced measures to reduce reliance on the US dollar. Nigeria's move is consistent with regional trends and is also influenced by rising geopolitical risks amid US-China competition. 2.3. Opportunity for Renminbi Internationalization: China and Nigeria have renewed a 15-billion-Naira local currency swap agreement. Informal Renminbi settlement systems have emerged in Nigeria through logistics companies, providing support for policy implementation.   3. Regional Demonstration Effect If the policy proves effective, it may encourage more African countries to follow suit, further weakening the dominance of the US dollar in African trade.     Congratulations !   For customers from the following countries in Africa, we can accept the payment in local currency. Nigeria, Uganda, Zambia, South Africa, Ghana, Tanzania, Kenya, Egypt, Cameroon, Benin, Democratic Republic of the Congo, Burkina Faso, Rwanda, Senegal, Togo, Côte d'Ivoire   Go Everywhere Together with CEP Elevator Products Global Elevator Support with CEP Elevator Products  

Notice of Tomb Sweeping Day Holiday 2026  Notice on Qingming Festival 2026 Dear Customers   Please be advised that the company will be closed for the Tomb Sweeping Day holiday / Qingming Festival from April 4th - April 6th, 2026. Normal business hours will resume on April 7th, 2026.   During this holiday, our offices will be unmanned and we will not be able to respond to emails or phone calls. For urgent matters, please contact our emergency contact number at [+86 189 6827 8118 ].   We apologize for any inconvenience this may cause and appreciate your understanding.   Have a peaceful and respectful Tomb Sweeping Day.   Best Regards, [ Jason LEE ] [ Vice-President ] [ CEP Elevator Products ( CHINA ) Co., Ltd. ] Sales & Support: +86 189 6827 8118 Fax: +86 574 6377 2926

Congratulations! CHINA COSCO SHIPPING officially announced: Starting from today (25/03/2026), shipping routes from China to the following Middle Eastern countries will resume: United Arab Emirates, Saudi Arabia, Bahrain, Qatar, Kuwait, Iraq. We sincerely welcome global buyers to confidently procure high-quality elevator products from outstanding Chinese suppliers, including CEP Elevator Products. CEP Elevator Products ( China ) Co., Ltd. Sales & Support: +86 189 6827 8118 Fax: +86 574 6377 2926 Web site: www.china-elevators.com E-mail: info@cep-elevators.cn   Go Everywhere Together with CEP Elevator Products   Global Elevator Support with CEP Elevator Products

Notification of 2026 Spring Festival Holiday Closure‌   Dear Customer,   We hope this message finds you well. As the Spring Festival ( 2026 Chinese New Year) approaches, we would like to inform you about our office closure during this important holiday period.   ‌Holiday Schedule:‌ Our office will be closed from ‌[11/02/2026]‌ to ‌[23/02/2026]‌ for the Spring Festival celebrations. Regular business operations will resume on ‌[24/02/2026]‌.   ‌Key Points to Note:‌ ‌Order Processing:‌ Any orders or requests received during the holiday period will be processed starting from ‌[24/02/2026]‌. ‌Urgent Inquiries:‌ For urgent matters, please contact ‌[Mr. Jimmy]‌ at ‌[ jimmy@cep-elevators.cn / +86 189 6827 8118 ]‌. ‌Delayed Responses:‌ Please expect delays in email responses during the holiday. We appreciate your patience and understanding. We sincerely apologize for any inconvenience this may cause and thank you for your continued support. Wishing you and your team a prosperous and joyful year ahead!   Best regards, [Jason LEE] [Vice-President] [CEP Elevator Products ( CHINA ) Co., Ltd.] Sales & Support: +86 189 6827 8118 Fax: +86 574 6377 2926

Congratulations ! For customers from the following countries, we can accept the payment in local currency. Eurozone: Andorra，Greece，Norway，Austria，Hungary，Poland，Belgium，Iceland，Portugal，Bulgaria， Ireland，Romania， Cyprus，Italy，SAN Marino，Croatia，Latvia，Slovakia，Czech Republic，Liechtenstein， Slovenia，Denmark，Lithuania，Spain， Estonia，Luxembourg，Sweden，Finland，Malta，Switzerland，France， Monaco，UK，Germany，Netherlands，Vatican, Faroe Islands，Greenland，Svalbard and Jan Mayen，Åland Islands Malaysia, Philippines, Indonesia, Thailand, Vietnam, Singapore, South Korea Egypt, Nigeria, Uganda, Zambia, South Africa, Ghana, Tanzania, Kenya, Cameroon, Benin, Democratic Republic of the Congo, Burkina Faso, Rwanda, Senegal, Togo, Côte d'Ivoire UAE, Saudi Arabia, Turkey Canada, Eurozone, Denmark, United Kingdom, Mexico, Brazil, Peru, Chile, Colombia, Argentina   The number of countries that can collect their own currencies is gradually increasing!! We can accept the following currencies:   Go Everywhere Together with CEP Elevator Products Global Elevator Support with CEP Elevator Products

Currencies we can accept. AUD,CAD,CNY,EUR,GBP,HKD,JPY,NZD,SGD,USD   We can accept the following currencies:    

Great News! Payment in Credit Card Available NOW!!! Congratulations! You can now use your credit card to purchase high-quality elevator products from CEP Elevator Products! [ CEP Elevator Products ( CHINA ) Co., Ltd. ] Sales & Support: +86 189 6827 8118 Fax: +86 574 6377 2926   Go Everywhere Together with CEP Elevator Products   Global Elevator Support with CEP Elevator Products

The current status of existing elevators and escalators in Europe is characterized by a large number of installed units, stringent safety regulations, and ongoing modernization efforts. Here are some key points:   1. Installed base: - Approximately 2 million elevators and 500,000 escalators/ moving walkways are in operation across the European Union. - The installed base is aging, with many units over 20 years old.   2. Safety regulations: - Strict EU Directives govern elevator and escalator safety (e.g., Machinery Directive 2006/42/EC) - National regulations may be more stringent than EU requirements - Regular inspections and maintenance are required   3. Modernization trend: - Increasing focus on modernizing older installations - Demand for energy-efficient solutions and smart building integration - Growing adoption of IoT-enabled systems for predictive maintenance   4. Technological advancements: - Introduction of new technologies like destination dispatch systems - Development of more efficient drive systems (e.g., permanent magnet motors) - Increased use of glass cabs and customizable interiors   5. Market dynamics: - Large multinational companies dominate the market - Growing competition from emerging players in Eastern Europe - Rising demand from residential buildings and small commercial properties   6. Sustainability focus: - Emphasis on reducing energy consumption - Adoption of regenerative drives and LED lighting - Incorporation of eco-friendly materials in construction   7. Accessibility concerns: - Ongoing efforts to improve accessibility for people with disabilities - Implementation of features like audio announcements and Braille panels   8. Workforce skills: - Aging workforce in the elevator industry - Need for training programs to address skill gaps   9. Digital transformation: - Increasing use of Building Information Modeling (BIM) for design and installation - Adoption of cloud-based monitoring and management systems   10. Post-COVID considerations: - Focus on improved air quality and ventilation systems - Enhanced cleaning protocols and touchless technologies   These factors contribute to a dynamic and evolving landscape for elevators and escalators in Europe, driven by safety, technology, and sustainability trends.

The North African elevator market is an important and growing sector in the region, driven by urbanization, infrastructure development, and economic growth. Here's an overview of the key aspects:   1. Market size and growth: - The market has been experiencing steady growth over the past decade. - Estimated to be worth around $500 million annually across the region.   2. Key countries: - Egypt: Largest market due to its large population and ongoing infrastructure projects. - Morocco: Second-largest market, with significant investment in modernization. - Algeria: Significant potential, but market access can be challenging. - Tunisia: Growing market, especially in urban areas. - Libya: Small but potentially lucrative market if political stability improves.   3. Major players: - Otis Elevator Company (United Technologies) - Kone (Finland) - Schindler (Switzerland) - ThyssenKrupp (Germany) - Mitsubishi Electric (Japan)   4. Local players: - Egyptian companies like Arab Contractors and Orascom Construction Industries - Moroccan firms like Sodea Air - Algerian companies such as ETS El Mabrouk   5. Market trends: - Increasing demand for energy-efficient and smart elevators - Growing focus on accessibility and safety features - Rising need for maintenance and modernization services - Expansion into smaller cities and rural areas   6. Challenges: - High import tariffs and customs duties - Infrastructure gaps in some areas - Economic fluctuations in some countries - Political instability in certain regions   7. Opportunities: - Government-led infrastructure projects - Urban renewal initiatives - Growing middle class increasing demand for modern buildings - Potential for public-private partnerships   8. Regulatory environment: - Varying standards and regulations across countries - Increasing emphasis on safety certifications - Some countries implementing local content requirements   9. Technological advancements: - Adoption of IoT (Internet of Things) for remote monitoring - Integration of AI and machine learning for predictive maintenance - Use of sustainable materials and energy-efficient designs   10. Future outlook: - Expected to continue growing at a steady pace - Increased competition from both international and local players - Potential for consolidation through mergers and acquisitions   This overview provides a comprehensive look at the current state and future prospects of the North African elevator market, highlighting its importance in the region's infrastructure development and economic growth.

  Orenstein & Koppel Rolltreppen GmbH (normally abbreviated to O&K or later O&K Kone) was an escalators and moving walks manufacturing division of Orenstein & Koppel GmbH, a German engineering company which specialized railway vehicles and construction equipment. Orenstein & Koppel was founded on April 1, 1876 in Berlin by Benno Orenstein and Arthur Koppel. The escalator division was established in the 1960s; the escalator manufacturing plant was located in Hattingen, Germany. In 1987, Finnish company Kone bought O&K's escalator division and became O&K KONE until 1995 when the remaining shares of the company were completely bought by Kone.   O&K KONE opened its North American escalator and moving walkway factory in 1991, in Oakland Industrial Park in Newport News, VA, United States. It was closed in 1998 and operations were merged with MontgomeryKONE in Moline, IL.   Notable Orenstein & Koppel escalator models RT-K RTW RTV-TE (also known as TransVario) RT-HDLS RTV-HD 99-S (escalators for public transit facilities) RSK-C (moving walkways)   Notable escalator and moving walk installations This list also includes installations under the O&K KONE brand.   Australia Queensland Sunshine Plaza, Maroochydore, Sunshine Coast (1994) Piazza on the Boulevard, Surfers Paradise, Gold Coast (1980s) Australia Fair Shopping Centre, Gold Coast (1989, replaced by KONE TravelMaster 110 in 2021) The Oasis Shopping Centre, Gold Coast (1987) Niecon Plaza, Gold Coast Toowong Village, Brisbane (1986) Central Railway Station, Brisbane (1982) The Myer Centre, Brisbane (1987) New South Wales The Galleries Victoria, Sydney City Market Haymarket, Sydney MLC Centre, Sydney MetCentre, Sydney Cockle Bay Wharf, Sydney Macarthur Square, Sydney Berry Square, North Sydney Galleria DFS, Sydney Target, Bankstown Centro, Sydney Myer, Westfield Chatswood, Chatswood Campbelltown Mall, Campbelltown Westfield Penrith, Sydney (branded as an O&K KONE) Other states Melbourne Central Shopping Mall, Melbourne, VIC (1991) The Myer Centre, Adelaide, SA Target - CentrePoint Rundle Mall, Adelaide, SA Elizabeth Quay Bus Station (formerly Esplanade Busport), Perth, WA (1991) Westfield Woden, Canberra, ACT Belgium Brussel-Zuid/Midi Railway Station, Brussels (1993) Denmark Copenhagen Airport, Denmark (1997 & 1998, branded as an O&K KONE) France Marne la Vallée-Chessy Railway Station, Paris (1993 & 1998, branded as an O&K KONE) Palais des Congrès (Cannes' Movie Festival center), Cannes Carrefour Market, Brest The Opera, Lyon Germany Berlin GALERIA, Müllerstraße, Berlin (1977, 1990 & 1999, branded as an O&K KONE in 1999) Peek & Cloppenburg, Tauentzienstraße, Berlin (1994) Gesundbrunnen Railway Station, Berlin Frankfurt Hauptwache Station, Frankfurt (1987) Peek & Cloppenburg, Zeil, Frankfurt (1988?) Conrad, Zeil, Frankfurt (1993 & 2000 (installed by KONE)) Mango, Zeil, Frankfurt (1999, branded as an KONE) Douglas, Zeil, Frankfurt (1999, branded as an KONE) AppelrathCüpper, Zeil, Frankfurt (1999, branded as an KONE) H&M, Zeil, Frankfurt (2000 (installed by KONE)) Keil Cruise Terminal Ostseekai, Kiel (1976 & 1978) Holsten Törn, Kiel Dortmund Märkische Str. Station, Dortmund Hong Kong, China Royal Park Hotel, Sha Tin, New Territories Daily House, Tsim Sha Tsui, Kowloon Bank of America Tower, Admiralty, Hong Kong Island Hop Yick Centre, Yuen Long, New Territories Ap Lei Chau Municipal Services Building, Ap Lei Chau, Hong Kong Island (maintained by Mitsubishi) Indonesia GoSkate Building, Surabaya (1979, the first escalator installed in Surabaya) Plaza Andhika, Surabaya (1980s) Pasar Atom, Surabaya (Replaced by 2 OTIS XO-508 Escalators) Superindo Manukan, Surabaya Israel One Ad HaLom Mall, Ashdod Ramat-Aviv Mall, Tel Aviv Kastra Mall & Art Gallery, Haifa Malaysia Kuala Lumpur Kuala Lumpur International Airport - Main Terminal (Car Park and Bus Terminal Building)(1998) MinMax Restaurant - PNB Darby  Wisma UOA  Menara MaTrade (1996) Other states Giant Plentong, Johor (1997, 2 of 4 units have been replaced by Schindler 9500AE in 2010s)[3] Netherlands Amsterdam The Gallery Salon Studios (formerly Bristol), Bilderdijkstraat, Amsterdam (1988) Peek & Cloppenburg, Dam, Amsterdam (1990) RAI Metro Station, Amsterdam (1990, branded as an O&K KONE) Zuid Metro Station, Amsterdam (1990, branded as an O&K KONE) Schiphol Airport, Amsterdam (1990, 1991, 1992, 1995, 1998, 1999, branded as an O&K KONE & 2003 (installed by KONE)) Amstelveenseweg Metro Station, Amsterdam (1995) Henk Sneevlietweg Metro Station, Amsterdam (1995) Heemstedestraat Metro Station, Amsterdam (1995) Sloterdijk Station, Amsterdam (1995, branded as an O&K KONE & 1996) Lelylaan Metro Station, Amsterdam (1996, branded as an O&K KONE) Postjesweg Metro Station, Amsterdam (1996) Jan van Galenstraat Metro Station, Amsterdam (1996, branded as an O&K KONE) De Vlugtlaan Metro Station, Amsterdam (1996) Media Markt, Johan Cruijff Boulevard, Amsterdam (early 2000, branded as an KONE) Amstelveen Zara, Stadshart, Amstelveen (1988 & 1997) Blokker, Stadshart, Amstelveen (early 1989) Arnhem Intertoys, Winkelcentrum Kronenburg, Arnhem (1979) H&M, Vijzelstraat, Arnhem (1995) Capelle aan den Ijssel Slotlaan Metro Station, Capelle aan den Ijssel (1992, branded as an O&K KONE) Capelle Centrum Metro Station, Capelle aan den Ijssel (1992, branded as an O&K KONE) De Terp Metro Station, Capelle aan den Ijssel (1992) Den Haag Rejoes (formerly NEW YORKER), Vlamingstraat, Den Haag (1988) Peek & Cloppenburg, Wagenstraat/Grote Marktstraat, Den Haag (1992) Book Store Paagman, Lange Poten, Den Haag (1992) HS Railway Station, Den Haag (1997) Dordrecht NEW YORKER, Drievriendenhof, Dordrecht (1991) Blokker, Statenplein, Dordrecht (2001, on the glass panel only (installed by KONE)) Nijmegen Kelfkensbos Parking Deck, Nijmegen (1998, branded as an O&K KONE) Scapino, Marikenstraat, Nijmegen (early 2000, branded as an O&K KONE (installed by KONE)) Rotterdam ONLY (formerly Jack & Jones), Winkelcentrum Zuidplein, Rotterdam (1979) Gebouw Delftse Poort, Weena, Rotterdam (1991) Peek & Cloppenburg, Hoogstraat, Rotterdam (1991) Beurs Metro Station, Rotterdam (1997 & 1998, branded as an O&K KONE) Media Markt, Binnenwegplein, Rotterdam (1998) Leuvehaven Metro Station, Rotterdam (1998, branded as an O&K KONE) Maashaven Metro Station, Rotterdam (2000, on the glass panel only (installed by KONE) Rijswijk Winkelcentrum In de Bogaard, Rijswijk (1998 & 1999, branded as an O&K KONE in 1999) Rijswijk Railway Station, Rijswijk (1999, branded as an O&K KONE) Schiedam Parkweg Metro Station, Schiedam (2000, branded as an O&K KONE (installed by KONE)) Vijfsluizen Metro Station, Schiedam (2000, branded as an O&K KONE (installed by KONE)) Schiedam Centrum Metro Station, Schiedam (2001, branded as an O&K KONE (installed by KONE) Other cities/towns SoLow (formerly CoolCat), Promenade, Zoetermeer (1985) Bicycle Storage Zeedijk (formerly Bristol)/JYSK, Zeedijk, Hilversum (late 1989) Winkelcentrum Walburg, Zwijndrecht (1990) Bristol, Winkelcentrum Roselaar, Roosendaal (1994) Amersfoort Central Station, Amersfoort (1997) Arena, Den Bosch (1997) De Bibliotheek Eindhoven, Emmasingel, Eindhoven (1997) Tussenwater Metro Station, Hoogvliet (1999, branded as an O&K KONE) Pernis Metro Station, Pernis (2001, branded as an O&K KONE (installed by KONE) Singapore Citylink Underground Mall (1998) Raffles Hotel (1989) Lucky Chinatown[3] Bukit Merah Central Pedestrian Footbridge Forum The Shopping Mall (1986) Sweden Stockholm County Most of the Blue line Tunnelbana stations of Stockholm Metro, including T-Centralen and Fridhemsplan, have O&K escalators. (1975 or 1985) Escalator link between Flemingsberg railway station & Södertörns Högskola/Huddinge Sjukhus. (ca 1987, replaced by KONE in 2019) Nordiska Kompaniet (one of many replacements made in the department store. It has been replaced by KONE since then) Several shops in the city contains of one or another O&K glass escalator. They can be seen in Sergels torg shops, for instance. Kringlän, Södertalje, Sweden (branded as an O&K KONE) Stadium Solna Centrum, Solna, Sweden (branded as an O&K KONE) Thailand Bangkok Muangthai Phatra Complex Siripinyo Building Seacon Square (1994) Other cities Makro Rangsit, Pathumthani Big C Supercenter Rangsit, Pathumthani Chiang Mai International Airport, Chiangmai Chiang Rai International Airport, Chiangrai United Kingdom England Westminster Underground Station, London, England (1996, branded as an KONE) London Bridge Underground Station, London, England (1996, branded as an KONE) Cutty Sark (for Maritime Greenwich) DLR Station, London, England Harrod's Knightsbridge, London, England (1998, Egyptian Escalators) H&M, Oxford Steet, London, England (1999, branded as an O&K KONE) Heathrow Airport Terminal 1, London, England Heathrow Airport Terminal 3, London, England (2000, on the glass only (installed by KONE) Waterloo Underground Station, London, England Canary Wharf Underground Station, London, England Natural History Museum, London, England The Mall Wood Green, London, England Scotland The Lighthouse, Glasgow, Scotland Boots - Buchanan Galleries, Glasgow, Scotland Glasgow Airport, Scotland BHS, Princes Street, Edinburgh, Scotland Other cities Castle Mall Shopping Centre, Norwich (1993) Tesco, High Wycombe (elevators, modernized by Stannah Lifts)[4] Tyne and Wear Metro (1980)[5] intu Metrocentre, Tyne and Wear (1986) intu Eldon Square, Newcastle upon Tyne St. James Metro Station, Newcastle Eldon Garden Shopping Centre, Newcastle Grafton Shopping Centre, Cambridge County Mall Shopping Centre, Crawley Belfry Shopping Centre, Redhill Fleet Walk Shopping Centre, Torquay (1997) House of Fraser, Exeter HMV, Exeter Marks & Spencer, Taunton Manchester Airport, Manchester United States California Macy's Eastridge Centre, San Jose, CA Redondo Beach Station (LA County Metro Rail), Redondo Beach, CA (1995) Connecticut Several Dillards stores: Dillards at Chapel Hills Mall, Colorado Springs, CO Dillards The Citadel, Colorado Springs, CO Dillards Park Meadows Mall, Lonetree, CO Florida Several Dillards stores: Dillards Ladies and Children Pembroke Lakes Mall, Pembroke Pines, FL Dillards Coastland Center, Naples, FL Dillards Seminole Towne Center, Sanford, FL Georgia Buckhead MARTA Station, Atlanta, GA Dillards North Point Mall, Alpharetta, GA Kentucky Belk Greenwood Mall, Bowling Green, KY Dillards Women and Children Mall St. Matthews, Louisville, KY Nevada Sands Regency Convention Center, Reno, NV Circus Circus Midway, Reno, NV Imperial Palace parking garage, Las Vegas, NV Dillards Galleria at Sunset, Henderson, NV Rio, Las Vegas, NV Texas Several Dillards stores: Dillards Women Lakeline Mall, Cedar Park, TX Dillards Women First Colony Mall, Sugar Land, TX Other states Newport PATH Station, Jersey City, NJ Rocket Mortgage FieldHouse, Cleveland, OH (1993) Hilton Hotel, Portland, OR Nassau Coliesum Uniondale, NY Nauticus, Norfolk, VA Several Dillards stores in the United States: Dillards South Park Mall, Strongsville, OH Dillards Wolfchase Galleria, Memphis, TN Other countries Karum AVM, Gaziosmanpaşa, Ankara, Turkey (branded as O&K KONE, because of the building have KONE M-Series lifts) Place des Arts, Montreal, QC, Canada (branded as O&K Labadie) Fountain Centre, Belfast, Ireland Carlson Dept. Store, Mikkeli, Finland K-Citymarket, Savonlinna, Finland Farmers Plaza, Araneta City, Quezon City, Philippines (Maintained by KONE) Capital on the Quay, Wellington, New Zealand 57 Willis Street, Wellington, New Zealand Los Leones Metro Station, Providencia, Santiago de Chile Smolensky Passage Shopping Center, Moscow, Russia Mall Azzurro, Naples, Italy COIN department store, Catania, Sicily, Italy (1991, branded as an O&K FIAM) Miyagi Sant Juan Bautista Museum, Miyagi Prefecture, Japan (1995) Baixa-Chiado Station (Lisbon Metro), Lisbon, Portugal (1998) Entrecampos Train Station, Portugal, Spain (branded as an O&K KONE) Cruise ships and cruiseferries Mein Schiff Herz (1996, formerly MV Mercury and Celebrity Mercury) Former installations Below here is a list of both O&K and O&K KONE escalators which are no longer exist.   Netherlands Blokker, Winkelcentrum Zuidplein, Rotterdam (1980-2021, Blokker replaced into Hema and escalator modernized into the ThyssenKrupp since 2021) C&A Department Store, Damrak, Amsterdam, Netherlands (modernized into the ThyssenKrupp since 2015) Bristol/Zeeman, Binnenwegplein, Rotterdam (1985-2024, closed since 2024) Houthoff, Weena, Rotterdam (late 1989-2021) Duivendrecht Railway Station, Duivendrecht (1992-2022, modernized into the KONE since 2022) Blaak Railway Station, Rotterdam (1992 & 1993-2023, modernized into the KONE since 2023) Zoetermeer Railway Station, Zoetermeer (modernized into the ThyssenKrupp since 2016) Leiden Central Station, Leiden (1994-2022, modernized into the KONE since 2022) Big Bazar (formerly Piet Kerkhof), Winkelcentrum Alexandrium, Rotterdam (1995-2018, Big Bazar replaced into Decathlon and escalator modernized into the ThyssenKrupp since 2018) Wijtman Sport 2000 XL, Statenplaats, Dordrecht (1995-2022, shop closed since 2022) Other countries Kai Tak International Airport, Kowloon, Hong Kong[6] (closed in 1998, building demolished in 2004) Cheung Sha Wan Plaza, Cheung Sha Wan, Hong Kong (modernized into the KONE EcoMod 2 since 2019[7]) Kings Shopping Center, Bandung, Indonesia (19??-2014, building destroyed by fire)[8] Pasar Atum Mall, Surabaya, Indonesia (1986-2017, replaced into Otis XO-508 units) Pantip Pratunam, Bangkok, Thailand (1984-2017, replaced into Schindler 9300 AE units) Phuket International Airport, Phuket, Thailand Robinson's Galleria Mall, Ortigas Center, Quezon City, Philippines[9] Trivia Orenstein & Koppel had a partnership with the UK-based Keighley Lifts to made few elevators in the United Kingdom. Their elevators were branded as "Keighley O&K". One of their installations was found in Tesco in High Wycombe, but they have been modernized by Stannah Lifts. According to "hkelev.com", some of their escalators handrails are wider than other companies[10]. In Australia, O&K escalators were distributed by Elevators Pty. Ltd. (EPL KONE) and some of their late 1980s escalators often have the "O&K EPL-KONE" brand. In Italy, a few O&K escalators from very late 1980s and 1990s were branded as "O&K FIAM". Both of these companies were owned by KONE.

The African Union (AU) is a continental body consisting of the 55 member states that make up the countries of the African Continent. It was officially launched in 2002 as a successor to the Organisation of African Unity (OAU, 1963-1999). History: In May 1963, 32 Heads of independent African States met in Addis Ababa Ethiopia to sign the Charter creating Africa`s first post-independence continental institution, The Organisation of African Unity (OAU). The OAU was the manifestation of the pan-African vision for an Africa that was united, free and in control of its own destiny and this was solemnised in the OAU Charter in which the founding fathers recognised that freedom, equality, justice and dignity were essential objectives for the achievement of the legitimate aspirations of the African peoples and that there was a need to promote understanding among Africa`s peoples and foster cooperation among African states in response to the aspirations of Africans for brother-hood and solidarity, in a larger unity transcending ethnic and national Differences. The guiding philosophy was that of Pan-Africanism which centred on African socialism and promoted African unity, the communal characteristic and practices of African communities, and a drive to embrace Africa`s culture and common heritage. Read the speeches from the 1st OAU Summit in 1963 The main objectives of the OAU were to rid the continent of the remaining vestiges of colonisation and apartheid; to promote unity and solidarity amongst African States; to coordinate and intensify cooperation for development; to safeguard the sovereignty and territorial integrity of Member States and to promote international cooperation. The OAU Charter spelled out the purpose of the Organisation namely: To promote the unity and solidarity of the African States; To coordinate and intensify their cooperation and efforts to achieve a better life for the peoples of Africa; To defend their sovereignty, their territorial integrity and independence; To eradicate all forms of colonialism from Africa; and To promote international cooperation, having due regard to the Charter of the United Nations and the Universal Declaration of Human Rights. Through the OAU Coordinating Committee for the Liberation of Africa, the Continent worked and spoke as one with undivided determination in forging an international consensus in support of the liberation struggle and the fight against apartheid. The OAU had provided an effective forum that enabled all Member States to adopt coordinated positions on matters of common concern to the continent in international fora and defend the interests of Africa effectively. On 9.9.1999, the Heads of State and Government of the Organisation of African Unity (OAU) issued the Sirte Declaration calling for the establishment of an African Union, with a view, to accelerating the process of integration in the continent to enable Africa to play its rightful role in the global economy while addressing multifaceted social, economic and political problems compounded as they were by certain negative aspects of globalisation. The launch of the African Union: The African Union (AU) was officially launched in July 2002 in Durban, South Africa, following a decision in September 1999 by its predecessor, the OAU to create a new continental organisation to build on its work. The decision to re-launch Africa`s pan-African organisation was the outcome of a consensus by African leaders that in order to realise Africa`s potential, there was a need to refocus attention from the fight for decolonisation and ridding the continent of apartheid, which had been the focus of the OAU, towards increased cooperation and integration of African states to drive Africa`s growth and economic development. The AU is guided by its vision of [An Integrated, Prosperous and Peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena." The Constitutive Act of the African Union and the Protocol on Amendments to the Constitutive Act of the African Union lay out the aims of the AU which are: Achieve greater unity and solidarity between African countries and their the people Defend the sovereignty, territorial integrity and independence of its Member States; Accelerate the political and socio-economic integration of the continent; Promote and defend African common positions on issues of interest to the continent and its peoples; Encourage international cooperation Promote peace, security, and stability on the continent; Promote democratic principles and institutions, popular participation and good governance; Promote and protect human and peoples` rights in accordance with the African Charter on Human and Peoples` Rights and other relevant human rights instruments; Establish the necessary conditions which enable the continent to play its rightful role in the global economy and in international negotiations; Promote sustainable development at the economic, social and cultural levels as well as the integration of African economies; Promote cooperation in all fields of human activity to raise the living standards of African peoples; Coordinate and harmonise the policies between the existing and future Regional Economic Communities for the gradual attainment of the objectives of the Union; Advance the development of the continent by promoting research in all fields, in particular in science and technology Work with relevant international partners in the eradication of preventable diseases and the promotion of good health on the continent. Ensure the effective participation of women in decision-making, particularly in the political, economic and socio-cultural areas; Develop and promote common policies on trade, defence and foreign relations to ensure the defence of the Continent and the strengthening of its negotiating positions; Invite and encourage the full participation of the African Diaspora as an important part of our Continent, in the building of the African Union. The work of the AU is implemented through several principal decision making organs:- The Assembly of Heads of State and Government, the Executive Council, the Permanent Representatives Committee (PRC), Specialised Technical Committees (STCs), the Peace and Security Council and The African Union Commission. The AU structure promotes participation of African citizens and civil society through the Pan-African Parliament and the Economic, Social & Cultural Council (ECOSOCC). Organs that handle judicial and legal matters as well as human rights issues include:- African Commission on Human and Peoples` Rights (ACHPR), African Court on Human and Peoples` Rights (AfCHPR), AU Commission on International Law (AUCIL), AU Advisory Board on Corruption (AUABC) and the African Committee of Experts on the Rights and Welfare of the Child. The AU is also working towards the establishment of continental financial institutions (The African Central Bank, The African Investment Bank and the African Monetary Fund) The Regional Economic Communities (RECs) and the African Peer Review Mechanism are also key bodies that that constitute the structure of the African Union. To ensure the realisation of its objectives and the attainment of the Pan African Vision of an integrated, prosperous and peaceful Africa, Agenda 2063 was developed as a strategic framework for Africa`s long term socio-economic and integrative transformation. Agenda 2063 calls for greater collaboration and support for African led initiatives to ensure the achievement of the aspirations of African people. Member States The AU is made up of 55 Member States which represent all the countries on the African continent. AU Member States are divided into five geographic regions. which were defined by the OAU in 1976 (CM/Res.464QCXVI). The following list shows all members states grouped by region, in alphabetical order, and their date of joining the AU or its predecessor the OAU. Central Africa Member State Abbreviation Date of joining the OAU or AU Republic of Burundi Burundi 25 May 1963 Republic of Cameroon Cameroon 25 May 1963 Central African Republic Central African Republic 25 May 1963 Republic of Chad Chad 25 May 1963 Republic of the Congo Congo Republic 25 May 1963 Democratic Republic of Congo DR Congo 25 May 1963 Republic of Equatorial Guinea Equatorial Guinea 12 October 1968 Gabonese Republic Gabon 25 May 1963 Democratic Republic of São Tomé and Príncipe São Tomé and Príncipe 18 July 1975 Eastern Africa Member State Abbreviation Date of joining the OAU or AU Union of the Comoros Comoros 18 July 1975 Republic of Djibouti Djibouti 27 June 1977 State of Eritrea Eritrea 24 May 1993 Federal Democratic Republic of Ethiopia Ethiopia 25 May 1963 Republic of Kenya Kenya 25 May 1963 Republic of Madagascar Madagascar 25 May 1963 Republic of Mauritius Mauritius August 1968 Republic of Rwanda Rwanda 25 May 1963 Republic of Seychelles Seychelles 29 June 1976 Federal Republic of Somalia Somalia 25 May 1963 Republic of South Sudan South Sudan 27 July 2011 Republic of the Sudan Sudan 25 May 1963 United Republic of Tanzania Tanzania 25 May 1963 Republic of Uganda Uganda 25 May 1963 Northern Africa Member State Abbreviation Date of joining the OAU or AU People`s Democratic Republic of Algeria Algeria 25 May 1963 Arab Republic of Egypt Egypt 25 May 1963 Libya Libya 25 May 1963 Islamic Republic of Mauritania Mauritania 25 May 1963 Kingdom of Morocco Morocco 1963/31 January 2017 Sahrawi Arab Democratic Republic Sahrawi Republic 22 February 1982 Republic of Tunisia Tunisia 25 May 1963 Southern Africa Member State Abbreviation Date of joining the OAU or AU Republic of Angola Angola 11 February 1975 Republic of Botswana Botswana 31 October 1966 Kingdom of Eswatini Eswatini 24 September 1968 Kingdom of Lesotho Lesotho 31 October 1966 Republic of Malawi Malawi 13 July 1964 Republic of Mozambique Mozambique 18 July 1975 Republic of Namibia Namibia June 1990 Republic of South Africa South Africa 6 June 1994 Republic of Zambia Zambia 16 December 1964 Republic of Zimbabwe Zimbabwe 18 June 1980 Western Africa Member State Abbreviation Date of joining the OAU or AU Republic of Benin Benin 25 May 1963 Burkina Faso Burkina Faso 25 May 1963 Republic of Cabo Verde Cabo Verde 18 July 1975 Republic of Côte d`Ivoire Côte d`Ivoire 25 May 1963 Republic of the Gambia Gambia 9 March 1965 Republic of Ghana Ghana 25 May 1963 Republic of Guinea Guinea 25 May 1963 Republic of Guinea-Bissau Guinea-Bissau 19 November 1973 Republic of Liberia Liberia 25 May 1963 Republic of Mali Mali 25 May 1963 Republic of Niger Niger 25 May 1963 Federal Republic of Nigeria Nigeria 25 May 1963 Republic of Senegal Senegal 25 May 1963 Republic of Sierra Leone Sierra Leone 25 May 1963 Togolese Republic Togo 25 May 1963

Regional Comprehensive Economic Partnership (RCEP) agreement to enter into force on 1 January 2022 What Is the Regional Comprehensive Economic Partnership (RCEP)? The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement (FTA) that will create the world's largest trading bloc and mark a significant achievement for China as it battles the U.S. for influence and economic supremacy in the Asia-Pacific region. The Regional Comprehensive Economic Partnership is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population and 30% of global GDP, making it the largest trade bloc in history. It is the first free trade agreement among the East Asian China, Japan, and South Korea, three of the four largest economies in Asia. As of 3 December 2021, six of the ten ASEAN and all five of the non-ASEAN signatories have deposited their instruments of RCEP ratification with the Secretary-General of ASEAN. The trade pact is projected to enter force on 1 January 2022. RCEP covers a market of 2.2 billion people and $26.2 trillion of global output. The partnership will create a trade grouping that covers about 30% of the world`s population, as well as the global economy. It is also larger than other regional trading blocs such as the United States-Mexico-Canada Agreement (USMCA) and the European Union. Analysts have said that economic benefits of RCEP are modest and would take years to materialize. Still, the deal was widely seen as a geopolitical victory for China at a time when U.S. economic influence in Asia-Pacific has waned. Global Elevator Support with CEP Elevator Products Powered by CEP Elevator Products

The surprisingly cutthroat race to build the world`s fastest elevators SHANGHAI -Elevator rides are not usually worth documenting. But when you step into the elevator at Shanghai Tower, people often pull out their cameras. As the doors close, a screen at the elevator`s front lights up to show you the car`s location as it rises toward the building`s newly opened observation deck. A neatly dressed attendant informs passengers that the elevator has now reached a top speed of 18 meters per second, approximately 40 mph. [This is really fast," one passenger said during a recent packed ride up the tower. It is, in fact, the fastest elevator in the world. At a ceremony in Tokyo in early December, the Shanghai Tower elevators and the company that made them, Mitsubishi Electric, were officially awarded the title by Guinness World Records. Yet many passengers may not even experience the top speed. To do so, you have to travel in a souped-up elevator car with a Mitsubishi technician who can flick a switch, making the speedometer on the screen turn red: 20.5 meters per second (45.8 mph). China is experiencing an elevator boom. Over the past decade, the vast majority of elevators installed around the world have been placed in China, where rapid urbanization has met with a desire for ambitious [super-tall" skyscrapers. It has been estimated that by 2020, 40 percent of all elevators will be in China. And when it comes to speed, the rest of the world can`t keep up. The Burj Khalifa in Dubai is the only skyscraper in the world taller than Shanghai Tower, but its elevators go barely half the speed. The fastest elevator in the West, installed at 1 World Trade Center in Manhattan, runs at a paltry 23 mph. The Shanghai Tower`s elevator goes even faster than the Twilight Zone Tower of Terror, a Disney haunted-elevator amusement-park ride that hurls thrill-seekers at 39 mph. Look at a list of the world`s fastest elevators now, and five out of the top 10 are in China. But China`s vast elevator market is slowing. As it slows, elevator companies are becoming more cutthroat - at every level. Companies such as Mitsubishi are in competition for huge contracts with companies from all over the world. Another Japanese elevator company, Hitachi, came close to winning the Shanghai Tower contract. It was awarded one in Guangzhou instead and then announced plans to beat Mitsubishi`s speed with its own 44.7-mph elevators. In the end, Mitsubishi installed new hardware on one of the elevators in Shanghai Tower, snatching the record back from Hitachi shortly after it was lost. Mitsubishi representatives said that the demands of the client, a consortium with links to the Shanghai municipal government, had prompted the decision. The race for speed The world`s first safety elevator was installed by the American company Otis in 1857 in a hotel in New York City. It traveled five floors at a speed of less than half a mile per hour. According to Lee Gray, an associate professor of architecture at the University of North Carolina at Charlotte, speeds improved as elevators moved from potentially explosive steam engines to more-efficient hydraulic systems and on to electric traction systems. Visiting Europeans were soon unnerved by the speed of the elevators across the Atlantic. [The Brits would visit the United States and they would say, `God, why is it going so fast?` " Gray said. For much of the 20th century, the fastest elevators were installed in American cities. Then the speed race moved to Asia. Why Japanese firms have dominated high-speed elevators is a matter of debate. Some have reasoned that it is because of the technology shared with high-speed [bullet" trains, which Hitachi and Toshiba also make. Others have suggested that it may be because Japanese consumers are notorious for insisting upon smooth elevator rides. (Comfort and noise issues with ultrafast elevators are considerable; the elevators in Pan Am Building in New York were infamous for [howling.") What is certain is that these elevators can cost fantastic amounts of money. They need to be tested in enormous, custom-built towers. They have to be pressurized to make their rapid ascent comfortable. According to Mitsubishi, 40 people worked exclusively on the Shanghai Tower elevators. Mitsubishi and Hitachi would not say how much their elevators cost, but Jim Fortune, an American elevator consultant, estimated each installation at up to $3 million. It would be hard for any elevator company to make any profit on installing these showstopper elevators, Fortune suggested: [It`s all for . . . bragging rights or to get that maintenance contract." Many in the elevator industry say that while the technology is impressive, faster speeds do not serve a real purpose. But high speeds may be valuable as marketing tools, turning elevators into unlikely tourist attractions. And in an industry with its ups and downs, publicity can be important. The three elevators installed by Mitsubishi Electric in the Shanghai Tower. The elevator on the right is the fastest in the world, capable of reaching 20.5 meters per second; around 45.8 miles per hour. (Courtesy of Mitsubishi Electric) China`s elevator gold rush The elevator industry may have never been as unforgiving as it is now. Why? China. Over the past two decades, China has rapidly urbanized. To boost urban density, hundreds of thousands of elevators and escalators have been installed each year. There are now more than 4 million units in the country - more than four times the number in the United States. Just over a decade ago, there were barely 700,000. Analysts say China accounts for 60 to 80 percent of new installations globally each year. No one else compares. The second-largest elevator market, India, is less than one-tenth the size. The rest of the world may not have noticed, but those in the elevator world say it has been a boom like no other. [I`ve lived in an incredibly historic time for China, for our industry, in this country," said Bill Johnson, head of the Finnish firm Kone`s China division since 2004. [I feel very fortunate, very lucky." But there is also a feeling that the glory days of the market are over - and that record-setting elevators such as those installed in Shanghai Tower may mark the end of an era. China`s economic growth has slowed dramatically over recent years, dropping from more than 10 percent to 6.7 percent in the most recent quarter. A growing corporate debt problem and a much-feared real estate bubble - not to mention a potential trade war with the new U.S. administration - add even more risk. As demand for new elevators falls, major international firms have more manufacturing capacity than they can use. Meanwhile, low-end Chinese manufacturers are fighting their high-end international rivals for an increasingly small number of projects. [It`s a brawl," Johnson said. [There`s no question about that." According to the Shanghai Elevator Trade Association, around 5 percent of smaller domestic elevator companies have already gone out of business. Even for international companies, it has been difficult. In September, Kone announced that it expected the market for new orders to drop by 5 to 10 percent over the next year. Its shares immediately fell by 3.5 percent. American giant Otis has admitted to dropping prices to stay competitive, eating into its profit margin. For Japanese firms such as Mitsubishi and Hitachi, the Chinese market is especially vital. These companies lack the international footprint many of their American and European peers have. And while they came to prominence during Japan`s own elevator boom in the late 20th century, they now face a stagnating economy and a shrinking population at home. Going down Hitachi is still smarting over Mitsubishi`s surprise speed-record victory. When it won the contract for the elevators at Guangzhou`s CTF Finance Tower, Hitachi released a video showing its executives proudly proclaiming that they would take the record. [I get tears in my eyes," Akihito Ando, a Hitachi sales supervisor, said in the video. If they don`t, when will the record next be beaten? Mitsubishi says that it has no plans to break its own record at present. Toshiba, which until recently held the record with the Taipei 101 Tower, said that it`s not focusing on ultrahigh-speed elevators anymore. [The competition for speed is over," said Yoshinori Inoue, a communications representative for Toshiba. But there could yet be new challengers. Hyundai, a South Korean elevator manufacturer, has plans to begin testing 50 mph elevators. Canny Elevator, a Chinese company based just outside Shanghai, is building a 3,100-foot test tower that it says will be the tallest in the world. How much further the record can be pushed is unclear. One recent study suggested that 51.4 mph would probably be the limit before passengers get sick. Traveling down quickly is even more difficult: Go too fast and the body thinks it`s falling. Elevators in both the Shanghai Tower and the CTF Finance Tower go down at 22.3 mph, close to the limit. Most importantly, even the most advanced elevator still needs a big building to go in. Right now it`s unclear where such buildings will be. While many say that India could one day be the next China, Rizk Maidi, an analyst with German bank Berenberg, doubts it will ever be as ambitious. [I don`t think we`ll see a repeat of the Chinese boom," he said.

ThyssenKrupp Dongyang Elevator was the merging brand between Dong Yang and thyssenkrupp. It was formed in October 2003 when thyssenkrupp bought Dong Yang elevator. The brand was renamed in August 2008 into thyssenkrupp Elevator (Korea) Ltd. Founded 2003 Preceded by Dong Yang Succeeded by thyssenkrupp Elevator (Korea) Ltd. Year October 2003 to August 2008 Status Defunct Contact us TODAY for more ThyssenKrupp Escalator Spare Parts Contact us TODAY for more ThyssenKrupp Elevator Spare Parts Contact us TODAY for ThyssenKrupp Modernization Package Available: Thyssen Elevators / Thyssen Escalators CEP Modular Modernization, CEP FULL ELEVATOR REPLACEMENT, CEP FULL ESCALATOR REPLACEMENT Powered by CEP Elevator Products On October 1, 2003, the joint venture between the German ThyssenKrupp Elevator AG, Düsseldorf, and the Korean DongYang Group, Oryudong (Seoul), was finalized. Under the name ThyssenKrupp Dongyang Elevator Co., Ltd. the new company will be managed by a Board of Directors made up of eight members, Helmut Müller, CEO, who will continue as the Chief Executive for ThyssenKrupp Elevator`s Asian operations, Byung-Ho Keum, Chief Operating Officer, Jin Won, Chief Planning Officer, as well as the Chief Financial and Chief Technical Officer. Non-standing board members are: Jong Mok Won, chairman of the board, Gary Elliott, who is also CEO of ThyssenKrupp Elevator AG, and Dr. Joachim F. Panek, who is at the same time CFO of ThyssenKrupp Elevator AG. ThyssenKrupp Elevator AG holds 75% of the joint venture`s shares. The remaining shares will be held by the Won family. The guiding principle for the joint venture is to create a platform to further develop customer benefits through the unification of ThyssenKrupp Elevator`s global network and reputation for quality and innovative technology with DongYang´s competent production capabilities and strong presence in the Korean market. With about 1,000 employees at three production facilities the DongYang Group generated sales of 193 million euros in the fiscal year ending December 31, 2002. With a market share of approximately 25%, DongYang is the second largest elevator company in Korea. In particular, it is one of the leaders in the high-performance domestic elevator market with approximately 40% market share. Therefore DongYang is the ideal partner for ThyssenKrupp Elevator in Korea. With over thirty five years experience and a strong workforce DongYang elevator is well established in the Korean market. ThyssenKrupp Dongyang Elevator will continue to focus on the production, modernization and maintenance of standard and non-standard elevators, escalators and moving walks. The new joint venture as well as the Korean high rise and high value market will profit from ThyssenKrupp Elevator`s valuable know-how. Prominent reference projects of the ThyssenKrupp Elevator Group include Europe`s fastest elevator (8.5 m/s at DaimlerChrysler premises in Berlin), Europe`s tallest office building (over 300 m height at Commerzbank headquarters in Frankfurt), one of the world`s tallest television towers (Ostankino television tower in Moscow) and the 100 m Prague Metro escalator. TWIN, the most recent innovation of ThyssenKrupp Elevator, will be actively marketed in Korea. It is a sophisticated elevator system with two cars – one arranged upon the other - in one single shaft. The two cars are not connected with each other and can drive independently to different levels using the same track. Its main advantages are higher lift capacity and less construction volume. Taking for example a group of four conventional elevators – that is one elevator per shaft – 40% more passengers can quickly move from one level to the other while also adding 25% more available space. ThyssenKrupp Elevator is one of the core business segments of the German ThyssenKrupp AG, one of the major international industrial Groups. With about 193,000 employees worldwide ThyssenKrupp activities focus on carbon and stainless steel, capital goods (elevators, automotive components) and industrial services. ThyssenKrupp is the world`s largest producer of stainless steel and Europe`s second largest flat carbon steel manufacturer. ThyssenKrupp Elevator is the third largest elevator company in the world with activities in over 60 countries at more than 800 locations. With 30,000 employees it achieved sales of approx. 3.5 billion Euros in the fiscal year ending September 30, 2002. Products include passenger and freight elevators, escalators and moving walks, stair and platform lifts as well as passenger boarding bridges plus top quality service for the entire range. Already since the merger between Thyssen and Krupp in 1999, companies with sales of 2.6 billion Euros have been divested and businesses with sales of 4 billion Euros have been acquired. Further divestitures with sales of around 7 billion Euros are planned. Through organic growth and selective strategic acquisitions, ThyssenKrupp aims to achieve total sales of 40 to 46 billion Euros in the medium term.

Chinese Elevator Market Reaching Peak The Chinese elevator market has dominated the international elevator industry for more than 20 years. Large construction projects competing for the title of China`s tallest building have raced to ever greater heights. Currently, two-thirds of new elevator construction occurs in China. Slumping Chinese Elevator Market However, all of that may be changing. China`s rapid construction phase may have reached it`s peak. Indeed, industry experts predict that the Chinese elevator market will decline, after which it may stabilize. According to Bloomberg Intelligence analysts, Johnson Imode and Mustafa Okur, major elevator manufacturers will have to grapple with the slumping Chinese market. Consequently, elevator manufacturers in the country will need to consolidate in order to accommodate the lessened demand. Also, they may be looking to other markets or advancing technology to compensate for reduced revenue. Bloomberg`s 2015 article titled The World`s Largest Elevator Market Is Falling and May Never Recover by Chris Cooper has the story. Adam Taylor of the Washington Post agrees, saying, [China`s vast elevator market is slowing. As it slows, elevator companies are becoming more cutthroat - at every level." The Need for Speed According to Taylor`s article, The surprisingly cutthroat race to build the world`s fastest elevator, world record setters are increasingly looking to high speed elevators to gain notoriety and marketing appeal. In general, elevators are not typically built for speed, but for safety, reliability, and accessibility. However, Japanese companies hoping to break into the wider international market have been competing fiercely for speed records. China`s Shanghai Tower elevator installed by Japanese elevator manufacturer, Mitsubishi Electric, currently holds the world speed record, according to Guinness World Records.   Powered by CEP Elevator Products Email: info@cep-elevators.cn  

Elevators and Escalators from CHINA to The ASEAN–China Free Trade Area (ACFTA) Elevator Components from CHINA to The ASEAN–China Free Trade Area (ACFTA) Elevator Spare Parts from CHINA to The ASEAN–China Free Trade Area (ACFTA) Elevator Traction Machines from CHINA to The ASEAN–China Free Trade Area (ACFTA) China Certificate of Origin – What An Importer Should Know Certificate of Origin, also known as C/O or CO, is a shipping document which is used for certification that the products exported are wholly obtained, produced or manufactured in a particular Country. Why important? This shipping paper is intended solely to prove the origin of goods in order to satisfy customs or trade requirements. Now it can be served as: Reference for trade statistics Evidence of goods` inner quality or settlement of exchange Important tool for deciding on tariff treatment Most countries now are applying different customs duty rate upon imported commodities from different countries. In the specific conditions, import countries will provide different tariff treatment according to the C/O. While in some cases, tariff duty rates can make up a large part of the total laned cost. When needed? Tariff Concession Certificate | duty-free policy | with zero tariff treatment under ASEAN-CHINA FREE TRADE AREA Certificates of Origin should only be issued when they are actually needed, for example, in the following circumstances: To meet customs requirements in the importing process The customer/buyer/importer (consignee) requires it To meet `quota` or statistical requirements imposed by the importing country To comply with the banking or trade finance requirements ( L/C, letters of credit) Check with your local Customs authority to see if you`ll benefit from getting a proper C/O. If yes, request CEP Team apply it for you. It`s an option at extra cost Attention: For some countries such as Egypt/Saudi Arabia/Syria, a C/O is a must, no matter whether you can benefit from the duty discount. ASEAN-CHINA FREE TRADE AREA PREFERENTIAL TARIFF CERTIFICATE OF ORIGIN (Combined Declaration and Certificate) FORM E Issued in THE PEOPLE'S REPUBLIC OF CHINA Applied to following countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The ASEAN–China Free Trade Area (ACFTA), also known as China–ASEAN Free Trade Area is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China. The initial framework agreement was signed on 4 November 2002 in Phnom Penh, Cambodia, with the intention to establish a free trade area among the eleven nations by 2010. The free trade area came into effect on 1 January 2010. The ASEAN–China Free Trade Area is the largest free trade area in terms of population and third largest in terms of nominal GDP. ASEAN members and the People's Republic of China had a combined nominal gross domestic product of approximately US$6 trillion in 2008 The free trade area had the third largest trade volume after the European Economic Area and the North American Free Trade Area. Flag Country Capital Area(km2) Population (2008 unless noted) GDP (nominal) (bln USD, 2008, IMF) Currency Official languages Brunei Darussalam Bandar Seri Begawan 5,765 490,000 19.7 dollar Malay Burma (Myanmar) Naypyidaw 676,578 50,020,000 26.2 kyat Burmese Cambodia Phnom Penh 181,035 13,388,910 11.3 riel Khmer Indonesia Jakarta 1,904,569 230,130,000 511.8 rupiah Indonesian Laos Vientiane 236,800 6,320,000 5.4 kip Lao Malaysia Kuala Lumpur 329,847 28,200,000 221.6 ringgit Malay, English Philippines Manila 300,000 100,981,437 (2015) 166.9 peso Filipino, English Singapore Singapore 707.1 4,839,400 (2007) 181.9 dollar Malay, Mandarin, English, Tamil Thailand Bangkok 513,115 63,389,730 (2003) 273.3 baht Thai Vietnam Hanoi 331,690 88,069,000 89.8 đồng Vietnamese People's Republic of China Beijing 9,640,821 1,338,612,968 (2009) 4,327.4 renminbi Mandarin The free trade agreement reduced tariffs on 7,881 product categories, or 90 percent of imported goods, to zero. This reduction took effect in China and the six original members of ASEAN: Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand. The remaining four countries will follow suit in 2015. The average tariff rate on Chinese goods sold in ASEAN countries decreased from 12.8 to 0.6 percent on 1 January 2010 pending implementation of the free trade area by the remaining ASEAN members. Meanwhile, the average tariff rate on ASEAN goods sold in China decreased from 9.8 to 0.1 percent. The six original ASEAN members also reduced tariffs on 99.11 percent of goods traded among them to zero.

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Return Policy WE DO NOT ACCEPT RETURNS. ITEMS ARE SOLD "AS IS". IF FOR SOME REASON YOU RECEIVE SOMETHING THAT DOSENT RESEMBLE THE PHOTOS AND DESCRIPTIONS IN THE LISTING WE WILL MAKE AN EXCEPTION. We do our best to accurately describe the items that we are selling. If you have any questions or problems with your transactions please contact us as we strive for customer satisfaction.Please read descriptions in its entirety before bidding/purchasing. Items that are listed as parts only/not working are sold as is and we no returns will be accepted. Please ask any questions before purchasing item(s). Returns are only accepted for items that are D.O.A. or damaged. Return policy DOES NOT cover items that are SOLD AS IS or DO NOT KNOW THE HISTORY OF. Please remember that our return policy is ONLY for SEVEN (7) DAYS. We will NOT accept anything after SEVEN (7) DAYS after item has been received. So please contact us ASAP.

40 FT High Cube Container Dimensions 40 ft high cube container dimensions outside and inner, 40 ft high cube container=40 HQ=40 HC all are the same shipping container. the 40 ft high cube container (CSAV shipping line, ZIM container shipping line, K line shipping, CMA CGM Shippping MOL container line... 40 ft high cube container dimensions are the same standard )sizes measurements are made in cm (centimetre) / millimetre (mm) / meter (M) / inch / feet. You can easy unstand choose one which you like. 40 ft high cube container dimensions size outside the container Three Size M CM MM inch feet L 12.192 1219.2 12192 480 40 W 2.438 243.8 2438 96 7.998 H 2.896 289.6 2896 114.015 9.5 40 ft high cube container dimensions size inner Three Size M CM MM inch feet L 12.032 1203.2 12032 473.7 395 W 2.352 235.2 2352 92.59 7.716 H 2.69 269 2690 105.9 8.825 40 ft high cube container dimensions loading capacity 40 ft high cube container dimensions capacity the theory span is 76.2 cubic metre, can load more 8.7 cubic metre cargo than 40 FT container. 40 ft high cube container dimensions different with 40 FT 40 ft high cube container dimensions different with 40 FT, the Length is 12.032 M and width is 2.352 M. These two container both size are the same. But Hight this size 40 ft high cube container dimensions more 30.5 CM than 40 ft container dimensions. Load the machine is high use this type container will be better.