Bird's nest

ZK International Group Ltd. Strengthens Competitive Position In Western China Gas Market ($ZKIN)

Retrieved on: 
Tuesday, December 26, 2023
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That deal does more than create a new revenue stream; it strengthens ZKIN's position as a key supplier and contractor in the Western China gas market.

Key Points: 
  • That deal does more than create a new revenue stream; it strengthens ZKIN's position as a key supplier and contractor in the Western China gas market.
  • Having a foot in Chongqing Gas Group's door could be a value driver of its own, noting it's a flagship division of China Resources Gas Group Limited.
  • Current ZKIN projects include working with the China Railway First Bureau Group, Zhuhai Water Environment Holding Group, and Changsha Water Group to strengthen and enhance their services infrastructures.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/zk-international-group-ltd-stre...
    SOURCE ZK International Group Co, Ltd.

ZK International Receives Nasdaq Notice Regarding Minimum Bid Requirements

Retrieved on: 
Wednesday, October 19, 2022
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WENZHOU, China, Oct. 19, 2022 /PRNewswire/ --ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company") today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq"), dated Oct. 13, 2022, notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the "Rule") because the bid price of the Company's ordinary shares fail to maintain a minimum bid price of US$1.00 per share for the last 30 consecutive business days from August 31, 2022to October 12, 2022.

Key Points: 
  • WENZHOU, China, Oct. 19, 2022 /PRNewswire/ --ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company") today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq"), dated Oct. 13, 2022, notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the "Rule") because the bid price of the Company's ordinary shares fail to maintain a minimum bid price of US$1.00 per share for the last 30 consecutive business days from August 31, 2022to October 12, 2022.
  • The Company's ordinary share will continue to be listed and trade on the Nasdaq Capital Market during this period, unaffected by the receipt of the written notice from Nasdaq.
  • About ZK International Group Co., Ltd.
    ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies for the modern world.
  • ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee.

ZK International Group Co., Ltd. Announces Record Revenue of $42.89 Million, an Increase of 1.71% for the First Half of Fiscal Year 2022

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Wednesday, September 28, 2022
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Net book value per share was $3.10 as of March 31, 2022, compared to $3.08 as of September 30, 2021.

Key Points: 
  • Net book value per share was $3.10 as of March 31, 2022, compared to $3.08 as of September 30, 2021.
  • During first half of fiscal year 2022, we successfully executed our spent-cut program which aims to reduce operating expenses without impacting sales performance.
  • We are proud of what the Company and the staff has achieved for the first half of fiscal year 2022.
  • Looking forward, we expect revenue to continue to grow for the second half of the fiscal year 2022.

ZK International Wins a $75 million bid in "High Quality Drinking Water Household Project"

Retrieved on: 
Tuesday, August 9, 2022
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WENZHOU, China, Aug. 9, 2022 /PRNewswire/ --ZK International GroupCo., Ltd.(Nasdaq: ZKIN)("ZKIN", "ZK International" or the "Company"),is pleased to announce that ZK International continues its success with procuring projects throughout China.

Key Points: 
  • WENZHOU, China, Aug. 9, 2022 /PRNewswire/ --ZK International GroupCo., Ltd.(Nasdaq: ZKIN)("ZKIN", "ZK International" or the "Company"),is pleased to announce that ZK International continues its success with procuring projects throughout China.
  • Recently, ZK International has won a $75 million bid in the project known as the "Shenzhen Water Market Project", where companies bided to be the supplier of the stainless-steel pipes and fittings supplier of "High Quality Drinking Water Household Project" (Phase 7 and 8) and "Community Water Supply Network Renovation Project" (phase 7 and 8).
  • ZK International anticipates it will supply approximately 40% of the projects, giving ZK approximately US$30 million dollars in sales.
  • ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee.

Pop Culture Icon Nicki Minaj Becomes Significant Stakeholder, Global Ambassador and Advisor to ZK International's Portfolio Company, MaximBet

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Tuesday, May 31, 2022
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Nicki Minaj is recognized for disrupting the male-dominated industry of rap music and is planning to do the same with sports betting.

Key Points: 
  • Nicki Minaj is recognized for disrupting the male-dominated industry of rap music and is planning to do the same with sports betting.
  • A lifelong sports fan, Minaj will work with MaximBet on branding, merchandise, creative activations, partnerships and fan experiences to bring together entertainment, sports, celebrities and betting.
  • MaximBet is the only true lifestyle sports betting brand in the industry, rewarding players with real-life, "money can't buy" experiences.
  • "Nicki Minaj is one of the most iconic and influential entertainers in the world," said Daniel Graetzer, CEO, MaximBet.

ZK INTERNATIONAL ANNOUNCES SHARE REPURCHASE PROGRAM

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Thursday, March 31, 2022
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WENZHOU, China, March 31, 2022 /PRNewswire/ --ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZK", "ZK International" or the "Company"), announced today that it plans to undertake a share repurchase program to allow for the buyback of some of its common shares.

Key Points: 
  • WENZHOU, China, March 31, 2022 /PRNewswire/ --ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZK", "ZK International" or the "Company"), announced today that it plans to undertake a share repurchase program to allow for the buyback of some of its common shares.
  • Under the new share repurchase program, the company is authorized to repurchase from time to time shares of its outstanding common stock on the open market.
  • The share repurchase program may be suspended, modified or discontinued at any time and the company has no obligation to repurchase any amount of its common stock under the program.
  • The repurchase program does not obligate the Company to acquire any particular number of common shares, and the repurchase program may be suspended or discontinued at any time at the Company's discretion.

The Newest Chinese Government Policies and ZKIN's Investments Will Bring Valuable Business Opportunities to ZK International

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Tuesday, March 29, 2022
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The Company anticipates the various platforms will bring multiple liquidity events from xSigma Labs in the coming year.

Key Points: 
  • The Company anticipates the various platforms will bring multiple liquidity events from xSigma Labs in the coming year.
  • About ZK International Group Co., Ltd.
    ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies for the modern world.
  • ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/the-newest-chinese-government-p...
    SOURCE ZK International Group Co., Ltd.

ZK International Group Co., Ltd. Announces Record Revenues of $99.41 Million, an Increase of 14.5% for the Fiscal Year 2021

Retrieved on: 
Friday, January 28, 2022
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This compared to net loss attributable to ZK International of $0.83 million, or $0.05 per share, for the prior fiscal year.

Key Points: 
  • This compared to net loss attributable to ZK International of $0.83 million, or $0.05 per share, for the prior fiscal year.
  • Net book value per share was $3.08 as of September 30, 2021, compared to $2.72 as of September 30, 2020.
  • Mr. Jiancong Huang, Chairman of ZK International, commented, "We are pleased with our record revenue growth to almost $100 millionand increased gross margin.
  • Our international sales revenue during fiscal year 2021 amounted to $2,707,441, an increase of $1,676,951 compared to last fiscal year.

ZK International's Portfolio Company, Maximbet, Enters Into Exclusive Multi-Year Agreements with Kambi Group and White Hat Gaming

Retrieved on: 
Wednesday, January 26, 2022
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As MaximBet continues to expand in new areas, responsible gaming remains a key focus.

Key Points: 
  • As MaximBet continues to expand in new areas, responsible gaming remains a key focus.
  • MaximBet is proud to provide resources to help customers play responsibly.For the latest news on MaximBet, follow on Twitter at @MaximBetUSA .
  • About ZK International Group Co., Ltd.
    ZK International Group Co., Ltd. is aChina-based engineering company building and investing in innovative technologies for the modern world.
  • ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee.

ZK INTERNATIONAL ANNOUNCES NEW CONTRACTS WITH TOTAL CONTRACT AMOUNT OF USD $5 MILLION IN THE LAST MONTH OF 2021

Retrieved on: 
Thursday, January 13, 2022
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The contracts that have been signed are as follows:

Key Points: 
  • The contracts that have been signed are as follows:
    Contract with Shenzhen Longgang High-quality Drinking Water Project with contract sales amount of $2.8 million.
  • The City of Zhangjiajie has signed a contract with contract sales amount of $0.9 million.
  • The City of Changning has signed a contract with contract sales amount of $1.1 million.
  • Contract with Wuhan Jiangxia Water Supply Installation Project with contract sales amount of $0.2 million.