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    ZK International Group Co., Ltd. Accelerates Growth With Corporate Update: Website Launch, Rebranding, Successful $8M Bid In Collaboration With Chongqing Gas Group, $5M Financing, And Nasdaq Compliance

    12/28/23 9:06:21 AM ET
    $ZKIN
    Metal Fabrications
    Industrials
    Get the next $ZKIN alert in real time by email

    ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), a pioneer in stainless-steel innovation and technology, is pleased to share a corporate update highlighting recent developments and the launch of its new website.

    Website Launch and Rebranding: A Digital Transformation

    In a move to provide a more engaging and informative experience, ZK International proudly unveils its redesigned website. This visually stunning and user-friendly platform showcases our core businesses, diverse product portfolio, highlights key projects, and serves as a dynamic hub for the latest industry insights on the Company. Explore the revamped website at www.zkinternationalgroup.com.

    "Our enhanced website is a reflection of our dedication to transparency and accessibility," said Mr. Jiancong Huang, Chairman at ZK International. "It's not just a digital facelift; it's a strategic tool for fostering connections with our stakeholders."

    Securing Contracts: Fortifying Our Market Presence

    ZK International recently achieved a significant milestone by securing a $8 million bid in collaboration with Chongqing Gas Group. This success is a testament to our commitment to excellence, quality, and customer satisfaction, reinforcing our competitive edge in the Western China Gas Market.

    "We are excited about the momentum we are building in the market and are grateful for the trust our partners place in us," added Chairman Huang. "This successful bid is a significant step in our strategic growth plan and highlights our dedication to delivering outstanding solutions to our clients."

    $5 Million Financing: Fueling Future Expansion

    In a move to capitalize on our market momentum, ZK International has successfully closed a $5 million financing above the market. This strategic funding positions the Company for accelerated growth and international expansion, further solidifying our position as an industry leader.

    "This financing round is a testament to the confidence investors have in ZK International's vision and growth trajectory," noted Mr. Jiancong Huang. "We are strategically leveraging this capital injection to fuel our expansion plans both domestically and internationally and enhance our capabilities on a global scale."

    ZK International remains steadfast in its commitment to sustainability, innovation, and meeting the evolving needs of the industries we serve. We look forward to a future filled with exciting opportunities, continued growth, groundbreaking achievements, and increasing shareholder value.

    Nasdaq Compliance

    In addition, ZK International Group Co., Ltd. is pleased to announce that it is Nasdaq compliant, having successfully resolved the bid price deficiency concern. The Nasdaq Listing Qualifications staff has confirmed the company's compliance with all applicable listing standards. The company expresses gratitude to Donohoe Advisory Associates LLC for their professionalism and expertise in guiding us through this matter.

    Mr. Jiancong Huang, Chairman of ZK International Group, stated, "We are thrilled to announce these positive developments as we continue to strengthen our position in the stainless steel industry. The launch of our new website reflects our commitment to providing a seamless and informative experience for our stakeholders. Our planned expansion into international markets is a testament to our dedication to meeting the growing global demand for high-quality stainless steel products and sustainable infrastructure solutions."

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