WENZHOU, China, Nov. 27, 2017 /PRNewswire/ -- ZK
International Group Co., Ltd. (NASDAQ: ZKIN) ("ZKIN" or
the "Company"), a designer, engineer, manufacturer and supplier
of patented high-performance stainless steel and carbon steel pipe
products for projects that require sophisticated water or gas
pipeline systems, is pleased to announce the signing of an initial
framework contract of $300,000 USD
for its consumer piping division with one of China's largest interior design and contract
companies, Bo Tao Decoration Group Co. Ltd, ("Bo Tao").
Mr. Yingchen Yang, ZK
International's Sales Director of its Consumer Piping Division,
stated, "It was a pleasure hosting Bo
Tao's Vice President, Mr. Jie
Fan, as well as showing 59 branch managers and designers our
manufacturing facility, research laboratory and offices. During the
tour, the ZK International team provided an overview on the
Company's proprietary products and services, as well as educated
the designers how to integrate stainless steel piping products into
their plumbing system design. Bo Tao
is committed to increase the use of stainless steel piping in
interior designing and installation projects due to the benefits
that stainless steel products offer, such as anti-corrosion,
durability and an elegant aesthetic design."
Mr. Jie Fan, Vice President of
Bo Tao, commented, "We are pleased
to partner with ZK International, a prominent manufacturer of
high-performance stainless steel pipe in China, to pursue the next generation of piping
infrastructure for our projects. We look forward to
commencing our working relationship with this initial order and
will evaluate other opportunities within the several thousand
clients and hundreds of projects we are currently working on that
will require the latest technology in piping infrastructure. ZK
International's quality product and drinking water delivery made
this decision a natural next step in our company's commitment to
provide the highest quality for our clients."
About Bo Tao Decoration Group Co.
Founded in 1991 and headquartered in Shanghai, Shanghai Bo Tao Decoration Group
Co., Ltd is a comprehensive interior design solution provider. It
offers interior design, project management and general contracting
services. Bo Tao has a construction
qualification at national level and a national B-level design
qualification. With more than 140 direct-operating and
franchising branches across China,
more than 300 employees, and 3 billion
RMB / 450 million USD in
revenue, Bo Tao is one of largest
interior designing and contracting companies in China.
Shanghai Bo Tao Decoration Group Co., Ltd is one of China's largest group companies in the
industry, focusing on three divisions: Bo Tao Tooling Design, Bo
Tao Home Furnishing Square and Jinyue Construction. Some of
its clients include Pacific Department Store, Xijiao Hotel, 4-star
Long Island Villa, Bank of China
and Changshu Star Island Hotel.
Bo Tao Decoration Group Co was named "Shanghai Trust Decoration
Company" for 13 consecutive years, "Shanghai's Favorite Home Improvement Brand"
for 8 consecutive years and is consistently Shanghai's top 100 Enterprises and
Shanghai's Top Ten Home
Improvement Enterprises.
The company website is: http://www.BoTaojt.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 28 patents, 21 trademarks, 2
Technical Achievement Awards, and 10 National and Industry Standard
Awards. ZK International is preparing to capitalize on the
$850 Billion commitment made by the
Chinese Government to improve the quality of water, which in its
current supply state is 70% unfit for human contact. 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, which include 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 to not only to
the China market but 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.
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 guarantees 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 described more fully in ZK
International's registration statement on Form F-1 that was filed
with the SEC. 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:
KCSA Strategic Communications
Valter Pinto, Senior Vice
President
PH: +1 (212) 896-1242
ZKInternational@KCSA.com
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SOURCE ZK International Group Co., Ltd.