超长期特别国债支持城市更新：电梯企业探索“第二增长曲线”

Core Viewpoint - The successful completion of the old elevator replacement project in Kunshan, Jiangsu, highlights the effective use of ultra-long-term special government bonds to support urban renewal and improve residents' quality of life [4][5][6]. Group 1: Project Overview - The Kunshan government initiated a plan to utilize ultra-long-term special bonds for the replacement of old elevators, securing 329 million yuan for the first batch of projects, which includes over 2,100 elevators across 147 communities [4][7]. - The project achieved a 100% signing rate for the replacement of over 2,100 elevators, with the first batch starting in December 2024 [4][6]. - The project was completed in a timely manner, with the first elevator replacement taking only about 15 days, significantly improving the residents' living conditions [6][10]. Group 2: Company Involvement - KONE Elevator was responsible for the majority of the elevator replacements, completing 2,106 units, which accounted for approximately 96% of the project [4][9]. - KONE's long-standing presence in Kunshan, with nearly 30 years of operations, contributed to its selection for the project, as it had established a strong local reputation [4][9]. - The company implemented innovative flexible production lines to adapt to various elevator specifications, enabling the completion of the project within eight months [9]. Group 3: Market Potential - The demand for replacing old elevators is increasing nationwide, with approximately 900,000 elevators over 15 years old identified as needing replacement by the end of 2024 [6][10]. - The ultra-long-term bond policy is expected to alleviate local financial pressures and stimulate growth in the elevator industry, as well as urban renewal projects [5][7]. - KONE and other leading elevator companies are actively engaging in projects supported by ultra-long-term bonds, indicating a growing market opportunity [7][10]. Group 4: Technological Advancements - KONE's updated elevators incorporate advanced safety features and energy-saving technologies, achieving a significant reduction in energy consumption and operational noise [10]. - The elevators are equipped with predictive maintenance capabilities, which can reduce equipment failure rates by approximately 55% and minimize the risk of entrapment by 40% [10]. - The project has set a benchmark for future elevator replacement initiatives across the country, showcasing a model that combines safety, efficiency, and resident satisfaction [4][10].