WENZHOU, China, Nov. 19, 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 the
official approval of a new national standard for water conservation
in China. The new standard that is
going to be rolled out throughout China is referred as the "Water Saving Design
Standards in Civil Building" (coded with GB 50555-2020) (the "Water
Saving Design Standards"). This new national standard was
promulgated by the Ministry of Housing and Urban-Rural
Development ("MOHURD") and was jointly developed by ZK
International and the China Architecture & Research Group.
Water conservation is one of the most critical problems in
China and one which is only
increasing in importance with continuing population growth and
deteriorating effects of global warming. The heavy demand for
domestic water use in municipal areas as well as the difficulties
associated with building new reservoirs are also critical factors
contribute to water shortages in municipal areas. Given such
challenges, various government agencies in countries around the
world are endeavoring to spread the concept of water conservation
among their populaces. Consistent with this global trend, the
MOHURD proposed the green building concept and introduced a group
of design standards prioritize water conservation through high
efficiency plumbing fixtures and building equipment designs. The
Water Saving Design Standards are aimed to
enforce standardized water saving designs for new
construction, reconstruction and expansion projects across
China.
The Technical Specification marks another national standard
primarily developed by ZK International and is expected to
effectively promote the water saving designs in the domestic
market. ZK International has previously led or participated in the
development of multiple national, industry, or group standards
relating stainless steel and carbon steel pipes and fittings,
including GB/T19228.2-2011, GB/T29038-2012, GB/T50378-2019,
10S407-2, CJ/T466-2014, CJ/T151-2016, CJ/T 152-2016, CJJ/T110-2017,
CECS229:2008, and CECS 277:2010. The Company also participates in
the development of other 17 national, industry, or group
standards.
"With the establishment of these new national water standards
which will be rolled out throughout China and as it becomes policy to use high
efficiency plumbing fixtures and building equipment designs like
those made by the Company, puts the Company in an excellent
position to expand on its revenue and increase its customer base",
states Mr. Huang the Chairman of the Company.
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:
Sherry
Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
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SOURCE ZK International Group Co., Ltd.