WENZHOU, China, May 11, 2020
/PRNewswire/ -- ZK International Group Co.,
Ltd. (ZKIN) ("ZK International" or the "Company"), a
designer, engineer, manufacturer, and supplier of patented
high-performance stainless steel and carbon steel pipe products
primarily used for water and gas supplies, today announced that it
has retained U.S. Sterling Securities, Inc. ("USSI"), a FINRA and
SEC regulated firm, to help the Company with: (i) non-financing
transactions, including without limitation, licensing agreement(s),
Joint venture(s), merger(s) and acquisition(s), and (ii) financing
transactions, including equity, debt, or any combination of both.
Jiangcong Huang, Chairman and Chief Executive Officer of ZK
International, commented, "we have been looking for an investment
bank that has aligned their goals with that of the Company and we
are excited to be working with US Sterling in assisting us with our
goals of expanding our Company through acquisitions. The Company
has been looking at a major acquisition and together with U.S.
Sterling's experience, we hope that together we can secure the long
term of the Company by expanding our revenues and profits through
acquiring assets that will lead to shareholder value."
George T Goldman, Vice President of U.S. Sterling Securities,
Inc. (USSI), also commented, "for over 25 years, USSI has been
delivering integrated strategies and innovative product solutions
for institutions. We are pleased to engage ZKIN to help the Company
carry out their strategic plans through both non-financing and
financing transactions. We look forward to working with the
Chairman of the Company and his team in the coming months in
achieving his goal of expanding the Company's growth through
acquisition."
About U.S. Sterling Securities, Inc. ("USSI")
US Sterling Securities, Inc. provides Institutional Investment
Banking and Corporate Financial Services to selected qualified
companies seeking access to the Capital Markets at the
Institutional level. Established in 1994, USSI is a member of MSRB,
FINRA and SIPC serving the investment and funding needs of
institutions. USSI offers a full line of fixed income products
including certificate of deposits, U.S. Treasury securities, agency
bonds, municipal bonds, corporate bonds, as well as mortgage-backed
and asset-backed products for institutional and retail investors.
USSI also provides large block Depository Trust Company (DTC)
Brokered CD underwriting services to qualified banks. More
information about USSI can be found at:
www.ussterlingsecurities.com.
About ZK International Group Co., Ltd.
ZK International Group Co., Ltd. is a China-based designer,
engineer, manufacturer, and supplier of patented high-performance
stainless steel and carbon steel pipe products that require
sophisticated water or gas pipeline systems. The Company owns 33
patents, 21 trademarks, 2 Technical Achievement Awards, and 10
National and Industry Standard Awards. ZK International is Quality
Management System Certified (ISO9001), Environmental Management
System Certified (ISO1401), and a National Industrial Stainless
Steel Production Licensee that is focused on supplying steel piping
for the multi-billion dollar industries of Gas and Water
sectors. ZK has supplied stainless steel pipelines for over
2,000 projects, including the Beijing National Airport, the "Water
Cube", and "Bird's Nest", which were venues for the 2008 Beijing
Olympics. Emphasizing superior properties and durability of
its steel piping, ZK International is providing a solution for the
delivery of high quality, highly sustainable, environmentally sound
drinkable water not only to the China market but also to
international markets such as Europe, East Asia,
and Southeast Asia.
For more information please
visit www.ZKInternationalGroup.com. Additionally,
please follow the Company
on Twitter, Facebook, YouTube,
and Weibo. For further information on the Company's SEC
filings please visit www.sec.gov.
Safe Harbor Statement
This news release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Without limiting the generality of the
foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "intend," "could," "estimate" or "continue" or the
negative or other variations thereof or comparable terminology are
intended to identify forward-looking statements. In addition, any
statements that refer to expectations, projections or other
characterizations of future events or circumstances are
forward-looking statements. These forward-looking statements are
not guarantee of future performance and are subject to certain
risks, uncertainties, and assumptions that are difficult to predict
and many of which are beyond the control of ZK International.
Actual results may differ from those projected in the
forward-looking statements due to risks and uncertainties, as well
as other risk factors that are included in the Company's filings
with the U.S. Securities and Exchange Commission. Although ZK
International believes that the assumptions underlying the
forward-looking statements are reasonable, any of the assumptions
could prove inaccurate and, therefore, there can be no assurance
that the results contemplated in forward-looking statements will be
realized. In light of the significant uncertainties inherent
in the forward-looking information included herein, the inclusion
of such information should not be regarded as a representation by
ZK International or any other person that their objectives or plans
will be achieved. ZK International does not undertake any
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
Investor Contact:
Tony Tian, CFA
Weitian Group LLC
Phone: +1 (732) 910-9692
Email: ttian@weitianco.com
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SOURCE ZK International Group Co., Ltd.