inked another
round of group purchase agreements with Chinese real estate developer Poly Real
Estate Group in Guangzhou in March, 2020. This is the fifth round of such
agreements between the two firms. Hitachi Elevator is the sole elevator
provider to have partnered with the Chinese real estate developer throughout
the five rounds.
The
long-standing collaboration, dating back to 2002, was upgraded to a strategic
level in 2008. To date, the two firms have cooperated on the purchase and
installation of over 20,000 units of elevators and escalators, a vast
majority of which have found their home in some of China's most prestigious and
iconic buildings, including Guangzhou Poly Tianyue, Guangzhou Poly Clover,
Qingdao Poly Manyueshan, Chongqing Poly Jiangshang Mingzhu, Wuhan Poly Daduhui
and Sanya Forum. Hitachi Elevator was the recipient of honors awarded by Poly
Real Estate Group, including "Joint Growth Award", "Outstanding
Supplier Award" and "Good Cooperation on Design".
Hitachi
Elevator foresees itself continuing to meet or exceed Poly Raeal Estate
Group's expectations by providing the developer with better and more integrated
elevator solutions. The elevator maker remains committed to continuously
bettering itself and enhancing its service value chain. Among several future
joint efforts envisioned by the two firms is the development of high-quality
buildings in urban environments.
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