ZK International Wins $3.88 Million Bid for China Gas Stainless Steel Pipe Project, Ushering in New Era of Healthy Drinking Water
ZK International (Nasdaq: ZKIN) announced that its subsidiary, Zhenkang Industrial, has won a significant contract worth $3.88 million (RMB 27.54 million) from China Gas's subsidiary Yipinhui Smart Living Technology. The contract involves supplying over 1.43 million meters of 304-grade thin-walled stainless steel pipes and fittings.
The materials will be used in public health drinking water projects, specifically for direct drinking water systems. Notably, Zhenkang Industrial plays a key role in establishing national standards for direct drinking water pipelines and smart water management infrastructure in China.
ZK International (Nasdaq: ZKIN) ha comunicato che la sua controllata, Zhenkang Industrial, ha ottenuto un importante contratto del valore di 3,88 milioni di dollari (RMB 27,54 milioni) da Yipinhui Smart Living Technology, società controllata di China Gas. L'accordo prevede la fornitura di oltre 1,43 milioni di metri di tubi e raccordi in acciaio inox 304 a parete sottile.
I materiali saranno impiegati in progetti di approvvigionamento idrico pubblico per uso potabile, in particolare in sistemi per acqua potabile diretta. Zhenkang Industrial riveste inoltre un ruolo centrale nella definizione degli standard nazionali per le tubazioni dell'acqua potabile diretta e per le infrastrutture di gestione intelligente delle reti idriche in Cina.
ZK International (Nasdaq: ZKIN) anunció que su subsidiaria, Zhenkang Industrial, ha ganado un contrato importante por 3,88 millones de dólares (RMB 27,54 millones) de Yipinhui Smart Living Technology, filial de China Gas. El contrato contempla el suministro de más de 1,43 millones de metros de tuberÃas y accesorios de acero inoxidable 304 de pared delgada.
Los materiales se emplearán en proyectos de agua potable pública, concretamente en sistemas de agua potable directa. Cabe destacar que Zhenkang Industrial tiene un papel clave en el establecimiento de normas nacionales para las tuberÃas de agua potable directa y la infraestructura de gestión inteligente del agua en China.
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해당 ìžìž¬ëŠ� 공공ìš� ì‹ìˆ˜ 사업, 특히 ì§ìˆ˜(ì§ì ‘ ìŒìš©) ì‹œìŠ¤í…œì— ì‚¬ìš©ë� ì˜ˆì •ìž…ë‹ˆë‹�. Zhenkang Industrialì€ ì¤‘êµì� ì§ìˆ˜ ë°°ê´€ ë°� 스마íŠ� 급수 ê´€ë¦� ì¸í”„ë¼ì— 대í•� êµê°€ 표준 ë§ˆë ¨ì—� 중요í•� ì—í• ì� í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
ZK International (Nasdaq: ZKIN) a annoncé que sa filiale Zhenkang Industrial a remporté un contrat important d'un montant de 3,88 millions de dollars (RMB 27,54 millions) auprès de Yipinhui Smart Living Technology, une filiale de China Gas. Le contrat porte sur la fourniture de plus de 1,43 million de mètres de conduites et raccords en acier inoxydable 304 à paroi fine.
Ces matériaux seront utilisés dans des projets d'eau potable publique, en particulier pour des systèmes d'eau potable directe. Zhenkang Industrial joue par ailleurs un rôle clé dans l'élaboration des normes nationales pour les canalisations d'eau potable directe et les infrastructures de gestion intelligente de l'eau en Chine.
ZK International (Nasdaq: ZKIN) gab bekannt, dass seine Tochtergesellschaft Zhenkang Industrial einen bedeutenden Auftrag über 3,88 Millionen US-Dollar (RMB 27,54 Millionen) von Yipinhui Smart Living Technology, einer Tochtergesellschaft von China Gas, erhalten hat. Der Vertrag umfasst die Lieferung von mehr als 1,43 Millionen Metern dünnwandiger Rohrleitungen und Armaturen aus Edelstahl 304.
Die Materialien werden in öffentlichen Trinkwasserversorgungsprojekten eingesetzt, insbesondere in Anlagen für direktes Trinkwasser. Zhenkang Industrial spielt außerdem eine zentrale Rolle bei der Entwicklung nationaler Standards für direkte Trinkwasserleitungen und intelligente Wasserinfrastruktur in China.
- Secured significant contract worth $3.88 million for stainless steel pipes
- Large-scale project involving 1.43 million meters of pipe deployment
- Strategic position in setting national standards for drinking water pipelines
- Partnership with major player China Gas through its subsidiary
- None.
Insights
ZKIN secures $3.88M contract with China Gas subsidiary, boosting revenue and market position in stainless steel pipe industry.
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From a financial perspective, this
Beyond the immediate financial impact, this contract carries strategic significance. ZKIN's involvement in drafting national standards for direct drinking water pipelines positions the company favorably for future contracts in China's expanding public health infrastructure. The growing focus on safe drinking water systems in China represents a substantial long-term market opportunity that ZKIN appears well-positioned to capitalize on.
The contract with a China Gas subsidiary also validates ZKIN's product quality and may serve as a reference point for winning additional business from other major Chinese utility and infrastructure companies. This reinforces the company's market leadership in the premium stainless steel piping sector and potentially expands its addressable market.
WENZHOU,
As a benchmark enterprise in
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. With a focus on designing and implementing next-generation solutions through industrial, environmental and software engineering, ZKIN owns 28 patents, 21 trademarks, 2 Technical Achievement Awards, and 10 National and Industry Standard Awards.
ZKIN's core business is to engineer and manufacture patented high-performance stainless steel and carbon steel pipe products that effectively deliver high quality, highly-sustainable and environmentally sound drinkable water to the Chinese,
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SOURCE ZK International Group Co., Ltd.