WENZHOU, China, Jan. 10, 2018 /PRNewswire/ -- ZK
International Group Co., Ltd. (NASDAQ: ZKIN) ("ZKIN" or the
"Company"), is pleased to announce an investment in the Company via
cryptocurrency Bitcoin. The restricted investment was made by
Blockshine Technology Corporation, an entity owned by Member of the
World Economic Forum Global Shapers Foundation and founder of the
Dalian Hub, Ms. Layla Dong.
Mr. Jiancong Huang, Chief
Executive Officer of ZK International stated, "We are excited about
the avenues that this investment and the relationship with Ms. Dong
may potentially open up for us, and we view her collective
experiences and business relationships as being invaluable for our
growing Company. We believe that Ms. Dong is one of the most
influential people in China and is
regarded as one of the brightest minds in the region. She
works closely with the Chinese Government to host annual science
and technology forums attended by the world's top scientists and is
a regular speaker at events worldwide. Ms. Dong's investment, using
Bitcoin, through Blockshine represents her confidence in our
ability to continue to deliver profits to our shareholders as we
expand our business into the future."
Ms. Layla Dong is the CEO and
Founder of Blockshine Technology Corporation
www.blockshine.com, a supplier in blockchain-related
information. Blockshine's focus is to provide holistic
solutions and consulting services for project development of
blockchain-related technology, blockchain applications and
cryptocurrency exchanges. Ms. Dong is the Foundation Board Member
of the World Economic Forum Global Shapers Foundation, where she
has been shaping the development of the community since 2013. One
of the initiatives of Ms. Dong with the Global Shapers Foundations,
has been focusing on promoting the cooperation between
organizations and corporations including the UN, and corporate
giants such as Coca Cola and Microsoft.
Ms. Dong is a Ph.D Candidate of Global Communication, at the
Communication University of China,
she has completed her Masters of Publishing at the University of Sydney. Ms. Dong is the Former Editor
and Project Manager at HarperCollins Australia, and has an
extensive background in publishing and media communications. Ms.
Dong is currently a lecturer at SooChow University and has been a
guest speaker at Davos, CCTV, BBC,
the Economist and APEC.
About Blockshine Technology Corporation
Blockshine Technology Corporation was established to help
facilitate the needs of clients operating in the fin-tech industry.
The company is comprised of a highly dedicated and experienced
team, allowing the corporation to provide various services to help
cater to the specific needs of each client. Additionally, the
introduction of Blockshine Communication, Blockshine Advisory and
Blockshine Technology, ensures that each client receives the
necessary services they require and enables Blockshine Technology
Corporation to engage in a multitude of projects; providing such
services as conducting market research, creating personalized media
content, financial and legal advisory and facilitating the
development of blockchain-related products, such as software and
hardware development.
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, Managing Director
PH: +1 (212) 896-1242
ZKInternational@KCSA.com
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SOURCE ZK International Group Co., Ltd.