ZK International Group Co., Ltd. (ZKIN or ZK International) announced a new marketing and sales achievement. The Company has successfully secured an USD 8M bid in collaboration with Chongqing Gas Group.
Chongqing City is set to benefit from ZK International’s expertise. The USD 8M bid pertains to the gas piping infrastructure procurement program initiated by the Chongqing Gas Group for its municipal gas piping infrastructure project.
China’s Ministry of Ecology and Environment’s 2020 initiative to replace coal with clean energy in the heating systems of 7.09 million households in the Northern provinces has spurred a surge in demand for natural gas and gas piping infrastructure. Chongqing Gas Group has evolved into an integrated energy service provider with core businesses encompassing natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Chongqing Gas Group Co., Ltd. has a market capitalization of USD 1.5bn with annual sales of USD 1.22bn in revenue.
