ENN Group

New Core Tech has just closed C-round fund-raising valued up to USD 35M

Retrieved on: 
Thursday, September 16, 2021
Tao, Cloud, Enterprise resource planning, Software as a service, ENN Group, Government, OA, CEO, Total quality management, PDM, SMB, MES, Xiaomi, PCBA, COVID-19, USD, TQM, Industry, MDC, Food, CRM, PLM, CNC, California, Data collection, Partnership, ERP, Total productive maintenance, Intelligence, IDG Capital, API, Time, Acquisition, TPM, Data analysis, Sales, Fine chemical

Binjiang Tao, the CEO of New Core Tech, discloses that the fund will be largely used to partnership and channel expansion, talent acquisition etc.

Key Points: 
  • Binjiang Tao, the CEO of New Core Tech, discloses that the fund will be largely used to partnership and channel expansion, talent acquisition etc.
  • Early in Feb this year, New Core Tech has just finished its B+ round financing led by IDG Capital and Cowin Capital.
  • The MES system provided by New Core Tech essentially is a comprehensive management system serving the operational layer of workshops within the factories.
  • Early this year, there are nearly ten MES companies who closed fund-raising in the market, including New Core Tech.

ZK International Starts to Supply to One of China's Largest Distributors of Gas, ENN Energy, with an Estimated Total Sales Amount of USD $12.5 Million

Retrieved on: 
Tuesday, September 7, 2021

WENZHOU, China, Sept. 7, 2021 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), is pleased to announce that the Company has started to supply pressed-type carbon steel pipeline to ENN Energy Holdings Limited ("ENN"), one of the largest clean energy distributors in China with an estimated total sales amount of USD $12.5 Million based on the estimated size of gassing projects ENN is engaging and estimated proportion ENN seeks to supply from the Company. The Company announced it was approved by ENN as a Qualified Stainless Steel Gas Pipe Supplier in May 2021, and now the Company has agreed with ENN on its procurement plan and started to supply for ENN's gassing infrastructure projects.

Key Points: 
  • ENN Energy Holdings Limited, a flagship divisionof ENN Group, has been engaged in the urban pipeline gas business since 1992.
  • ENN China strictly enforces a high standard of selecting its gas pipeline suppliers, considering the instances of gas leakage can be fatal.
  • 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.