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Zk International Group Company Ltd. (China)

Main Activities: Other Fabricated Metal Product Manufacturing
Full name: Zk International Group Company Ltd. Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company operates as a holding company. The Company, through its subsidiaries, designs, produces, and manufactures stainless and carbon steel pipes, single-press tubes, pipe connections, fittings, components, and other parts.
The Company s core business focuses on providing systematic solutions to construction projects that require sophisticated piping systems. Leveraging their experience in the industry, they offer urban planners and real estate developers sophisticated pipe and fitting products and engineering expertise, enabling them to bring communities reliable and durable gas and water transmission systems. The Company s products are primarily sold in China, but are also exported and distributed in Europe and Southeast Asia. They have received numerous awards and recognitions domestically and internationally. Located within the Wenzhou Binhai Industrial Park, a national economic development zone, their facility occupies approximately five acres, consisting of business offices, manufacturing plants, a research and development center and storage facilities.
The Company specialize in designing and producing pipes and fittings such as double-press thin-walled stainless steel tubes and fittings, carbon steel tubes and fittings and single-press tubes and fittings. Focused on the innovation and expansion of their products to meet the specific needs of their clients, they are a leading manufacturer and engineer of high-performance stainless steel pipes. The Company s products offer a comprehensive suite of superior solutions for use in the construction and infrastructure industries. The Company s innovative products are used in a broad range of applications, including water and gas transmission within urban infrastructural development, residential housing development, food and beverage production, oil and gas exploitation, and agricultural irrigation.
The Company has evaluated ASC 280 and has identified only one reporting segment as the Company's Chief Operating Decision Maker (“CODM”) focuses on sales performance by sales channel and market segment using internally generated sales data and externally developed market consumption data acquired from independent sources.
2015, The Company was incorporated on May 13, 2015, under the laws of the British Virgin Islands. The Company s fiscal year end is September 30. The Company, through its subsidiaries, is a leading company that specializes in manufacturing and sales of stainless steel band, copper strip, welded stainless steel pipes and fittings, pipe fittings, valve, light industry machinery and equipment and other stainless steel products of its trademark “Zhengkang” in People's Republic of China
2017. The Company s common stock was traded on NASDAQ under symbol ZKIN on September 1, 2017.
2020, As of September 30, 2020, 52.21 of its equity interest was hold by four mainland Chinese beneficial owners, who entered an agreement on May 13, 2015 to vote their shares in concert in ZK International, covering all the periods presented afterwards, with HUANG Jian Cong holding 29.38 , WANG Ming Jie holding 10.87 , WANG Guo Lin holding 10.87 , WANG Jian Di holding 1.09 .
2023 On November 27, 2023, the Company entered into a securities purchase agreement with an investor, pursuant to which the investor agreed to purchase and the Company agreed to issue and sell US 5 million of ordinary shares of the Company (the “Private Placement”). The
2024 On July 12, 2024, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Recruiter.Com Group, Inc. (NASDAQ: RCRT) (the “Target”), pursuant to which the Company agreed to purchase 2,000,000 shares of common stock of the Target at a price of US 1.00 per share (the “Investment”). The Company has an option to purchase additional 2,000,000 shares at 1.00 per share.

Headquarters
No. 678 Dingxiang Road, Binhai Industrial Park, Economic Technology Development Zone
Wenzhou; Zhejiang;

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Website: http://www.zkinternationalgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2015
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Ownership Details
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23.92%
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4.98%
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0.08%
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Subsidiaries
Xsigma Corporation (United Kingdom)
100%
Zk Pipe Industry Co., Ltd. (Hong Kong SAR, China)
100%
Zk International Uganda Limited (Uganda)
80%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
6.51%
Total operating revenue
6.51%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-733.33%
Total assets
-36.48%
Total equity
-67.13%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-0.79%
Return on Equity (ROE)
-1.59%
Debt to Equity Ratio
66.15%
Quick Ratio
0.17%
Cash Ratio
0.05%

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