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Canny Elevator

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Last updated November 4, 2026

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Overview

Canny Elevator Co., Ltd. (康力电梯股份有限公司) is a major Chinese manufacturer of elevators, escalators, and moving walkways, founded in 1997 and headquartered in the Yangtze River Delta region of Suzhou, Jiangsu. The company integrates design, development, manufacturing, sales, installation, and maintenance, and holds elevator manufacturing (including installation, repair, and modification) qualifications issued by China's State Administration for Market Regulation. It has obtained international certifications including European CE, Russian EAC, German TUV, and Korean KC. With registered capital of approximately 797.7 million yuan and over 5,000 employees, Canny Elevator operates three smart manufacturing bases in Suzhou and Chengdu, covering a total area of 840,000 square meters, two of which are national green factories. The company is known for its independent innovation, holding China's first nationally recognized enterprise technology center in the elevator industry, a CNAS-accredited laboratory, and a national postdoctoral research workstation. Its global ultra-high 288-meter elevator test tower is a key research and testing platform. Canny Elevator was listed on the Shenzhen Stock Exchange in March 2010 (stock code 002367), becoming the first Chinese elevator company to go public. It has ranked among the world's top 10 elevator manufacturers for nine consecutive years from 2017 to 2025, reaching 9th place globally in 2025. In 2026, its brand value was assessed at 21.882 billion yuan by World Brand Lab, ranking 420th in China's 500 Most Valuable Brands. The company's products include vertical elevators, escalators, moving walkways, and heavy-duty public transit escalators, with flagship models such as the KLK2 'Golden Leopard' ultra-high-speed elevator. Canny Elevator serves diverse markets including airports, metro systems, hotels, commercial complexes, and residential projects, with notable projects like Chongqing Jiangbei International Airport T3B and the Delhi Metro in India.

History

Canny Elevator Co., Ltd. was founded in 1997 as a modern professional elevator enterprise integrating design, development, manufacturing, sales, installation, and maintenance. From its early years, the company committed itself to independent innovation under the motto of 'independent innovation, national brand, industry service to the nation.' In 2003, it established its enterprise technology center, which in 2011 became the first Chinese elevator brand to be jointly recognized as a 'National Recognized Enterprise Technology Center' by five national ministries. The company expanded its manufacturing footprint with smart manufacturing bases in Suzhou and Chengdu, including two national green factories, and built a global ultra-high 288-meter elevator test tower as a core research and testing platform. On March 12, 2010, Canny Elevator was successfully listed on the Shenzhen Stock Exchange (stock code 002367), becoming the first Chinese elevator company to go public. This milestone provided capital for further expansion and raised the company's profile. From 2017 to 2025, Canny Elevator ranked among the world's top 10 elevator manufacturers for nine consecutive years, reaching 9th place globally in 2025. It also ranked among the top 10 preferred suppliers in the elevator category for China's real estate supply chain for 14 consecutive years from 2013 to 2026, reaching top 3 in 2026. In 2026, its brand value was assessed at 21.882 billion yuan by World Brand Lab, ranking 420th in China's 500 Most Valuable Brands. The company has received numerous honors including the National Construction Machinery and Elevator Industry Quality Gold Award, Suzhou Mayor Quality Award, and Jiangsu Province Quality Award. It holds international certifications such as European CE, Russian EAC, German TUV, and Korean KC, and serves markets globally with a sales and service network. The company's founder, Wang Youlin, was named Permanent Honorary Chairman, and leadership has transitioned to Chairman Zhu Linhao.

  • Canny Elevator Co., Ltd. is founded.

  • Enterprise technology center established.

  • Listed on Shenzhen Stock Exchange (stock code 002367), becoming the first Chinese elevator company to go public.

  • Technology center recognized as a 'National Recognized Enterprise Technology Center' by five national ministries, a first for a Chinese elevator brand.

  • Ranked among the world's top 10 elevator manufacturers for nine consecutive years; reached 9th globally in 2025.

  • Ranked among top 10 preferred suppliers in elevator category for China's real estate supply chain for 14 consecutive years; reached top 3 in 2026.

  • Brand value assessed at 21.882 billion yuan, ranking 420th in China's 500 Most Valuable Brands.

Products and positioning

  • Vertical elevators

    Includes passenger elevators, home elevators, freight elevators, hospital elevators, observation elevators, and machine-room-less elevators.

  • Escalators

    Includes commercial escalators, public transit escalators, and heavy-duty public transit escalators.

  • Moving walkways

    Inclined and horizontal moving walkways for public spaces.

  • KLK2 'Golden Leopard' ultra-high-speed elevator

    Flagship ultra-high-speed elevator model.

  • KLK2 'Blue Leopard' high-speed elevator

    High-speed elevator model.

  • KLF 'Lingxiu' commercial escalator

    Commercial escalator model.

  • KLKS 'New Lingyan' passenger elevator

    Passenger elevator model.

  • KLK1 'Silver Swallow' passenger elevator

    Passenger elevator model.

  • KLK1 'Golden Swallow' passenger elevator

    Passenger elevator model.

Controversies

  • 2019

    Kangli Elevator Fined Over Failed Maintenance Inspections and Falsified Records; Private Fund Trouble Draws SZSE Attention

    Kangli Elevator's Shenzhen branch was fined 20,000 yuan by the Shenzhen Longgang Regulatory Bureau in February 2022 because its maintained elevators failed supervisory spot checks; its Zhejiang branch was fined 20,000 yuan by the Anji County Market Supervision Bureau in August 2023 for falsifying elevator maintenance records; its Fujian branch was notified for failure of the speed governor–safety gear linkage test on a maintained elevator. In 2019 the company was again hit by private fund wealth management products, and the Shenzhen Stock Exchange sent a letter expressing concern about its internal control system. Fines, notifications for rectification, and exchange attention.

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Recent events

  • Reported

    Kangli Elevator wins national government procurement elevator-services supplier award[8]

    Kangli Elevator received the “2019年度全国政府采购电梯服务十强供应商” award at the 15th National Government Procurement Annual Conference in Beijing on January 8, 2020.

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