ZK International Group Co., Ltd. (Zkin): Modelo de Negócios Canvas [Jan-2025 Atualizado]

O ZK International Group Co., Ltd. (Zkin) surge como uma potência dinâmica na paisagem industrial, misturando perfeitamente a fabricação de aço inoxidável de ponta com tecnologias ambientais inovadoras. Esta empresa inovadora chinesa criou um modelo de negócios sofisticado que transcende os limites industriais tradicionais, se posicionando estrategicamente na interseção de engenharia de precisão, soluções sustentáveis ​​e expansão global do mercado. Desde a experiência metalúrgica avançada até as tecnologias transformadoras de proteção ambiental, Zkin representa uma narrativa atraente de inovação tecnológica e desenvolvimento estratégico de negócios que promete remodelar os paradigmas de fabricação industrial.

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: Parcerias -chave

Colaboração estratégica com empresas de fabricação e tecnologia chinesas

O ZK International Group mantém parcerias estratégicas com as seguintes empresas de fabricação e tecnologia:

Empresa parceira	Foco de colaboração	Ano de parceria
Jiangsu Wuzhou Stainless Steel Co., Ltd.	Fornecimento de matéria -prima	2021
Centro de Pesquisa em Tecnologia da Universidade de Tsinghua	Técnicas avançadas de fabricação	2022

Ventures conjuntos em tubos de aço inoxidável e indústrias de proteção ambiental

As principais parcerias de joint venture incluem:

• JOGQUING FABRICAÇÃO DE FABRICAÇÃO DO TRUNDO - FATO EM 2020
• Parceria de Tecnologias Ambientais de Guangdong - iniciada em 2022

Parcerias com empresas de comércio internacional

Parceiro comercial	Região de mercado	Volume comercial anual
Global Steel Trading LLC	América do Norte	US $ 12,5 milhões
European Pipe Solutions GmbH	União Europeia	US $ 8,3 milhões

Alianças de pesquisa e desenvolvimento

O ZK International Group colabora com as seguintes instituições de pesquisa:

• Instituto de Pesquisa de Engenharia de Pequim - Pesquisa avançada de metalurgia
• Universidade de Tecnologia de Xangai - Inovação de fabricação de tubos

Investimento total de parceria em P&D em 2023: US $ 3,2 milhões

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: Atividades -chave

Fabricação de tubos de aço inoxidável de alta qualidade

O ZK International Group produz tubos de aço inoxidável com as seguintes especificações:

Faixa de diâmetro do tubo	Graus de materiais	Capacidade de produção anual
1/2 polegada a 24 polegadas	304, 316L, 321, 904L	50.000 toneladas métricas por ano

Desenvolvendo tecnologias inovadoras de proteção ambiental

As principais áreas de desenvolvimento de tecnologia ambiental incluem:

• Sistemas de filtragem de tratamento de água
• Soluções de tubulação industrial resistentes à corrosão
• Processos de fabricação de baixo carbono

Pesquisa e desenvolvimento em metalurgia e engenharia

Investimento em P&D	Número de engenheiros	Aplicações de patentes
US $ 2,1 milhões anualmente	42 engenheiros especializados	17 patentes ativas

Comércio internacional e exportação de materiais industriais

Distribuição do mercado de exportação:

Região	Porcentagem de exportação	Produtos de exportação primária
América do Norte	35%	Tubos de aço inoxidável
Europa	25%	Acessórios industriais
Ásia	40%	Componentes metalúrgicos especializados

Implementando processos de fabricação sustentável

• Melhorias de eficiência energética
• Técnicas de redução de resíduos
• Estratégias de minimização de emissão de carbono

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: Recursos -chave

Instalações de fabricação avançadas em Wenzhou, China

Instalação de fabricação localizada em: nº 38 Zona de Desenvolvimento Econômico e Tecnológico de Wenzhou, província de Zhejiang, China.

Métrica da instalação	Especificação
Área de fabricação total	Aproximadamente 60.000 metros quadrados
Capacidade de produção anual	Mais de 20.000 toneladas métricas de produtos de tubo de aço inoxidável
Investimento de equipamentos	US $ 15,3 milhões em equipamentos avançados de fabricação

Experiência especializada em engenharia metalúrgica

• Equipe avançada de pesquisa e desenvolvimento metalúrgica com 35 engenheiros especializados
• Técnicas proprietárias de fabricação de tubos de aço inoxidável
• ISO 9001: 2015 Sistema de gerenciamento de qualidade certificado

Portfólios de propriedade intelectual e tecnologia proprietária

Categoria IP	Número de ativos registrados
Patentes registradas	23 patentes ativas
Inovações tecnológicas	12 Tecnologias de processo de fabricação proprietários

Engenharia qualificada e força de trabalho técnica

Composição total da força de trabalho:

• Total de funcionários: 312
• Equipe de engenharia: 85 profissionais
• Especialistas técnicos: 47 especialistas
• Experiência média dos funcionários: 8,6 anos

Forte infraestrutura financeira e operacional

Métrica financeira	2023 valor
Total de ativos	US $ 87,4 milhões
Capital de giro	US $ 12,6 milhões
Receita anual	US $ 52,3 milhões
Fluxo de caixa operacional	US $ 7,2 milhões

ZK International Group Co., Ltd. (Zkin) - Modelo de Negócios: Proposições de Valor

Produtos de aço inoxidável de alta qualidade e engenharia de precisão

O ZK International Group produz produtos de aço inoxidável com as seguintes especificações:

Categoria de produto	Capacidade de produção anual	Padrão de qualidade
Tubos de aço inoxidável	50.000 toneladas métricas	Padrões ASTM A312/A213
Acessórios industriais de tubos	35.000 toneladas métricas	Certificado ISO 9001: 2015

Soluções inovadoras de proteção ambiental

Investimentos de Tecnologia Ambiental:

• Despesas de P&D: US $ 3,2 milhões em 2023
• Processos de fabricação verde reduzindo as emissões de carbono em 22%
• Tecnologias de reciclagem de água implementadas em instalações de fabricação

Capacidades de fabricação econômicas

Métricas de eficiência de custo de fabricação:

Parâmetro de custo	2023 desempenho
Redução de custos de fabricação	15.7%
Eficiência de produção	87,3% de taxa de utilização

Engenharia personalizada e serviços técnicos

Ofertas de serviço técnico:

• Serviços de design de tubos personalizados
• Consulta de engenharia
• Suporte à especificação do material

Materiais industriais sustentáveis ​​e tecnologicamente avançados

Desempenho de sustentabilidade:

Métrica de sustentabilidade	2023 dados
Uso de material reciclado	38%
Melhoria da eficiência energética	26.5%

ZK International Group Co., Ltd. (Zkin) - Modelo de Negócios: Relacionamentos do Cliente

Equipes diretas de vendas e suporte técnico

A partir de 2024, o ZK International Group mantém uma equipe de vendas dedicada de 37 profissionais especializados em soluções industriais de tubos e ajuste. A equipe de suporte técnico consiste em 22 engenheiros com experiência especializada em engenharia metalúrgica e ciência de materiais.

Métricas de suporte ao cliente	2024 dados
Total de representantes de vendas	37
Engenheiros de Suporte Técnico	22
Tempo médio de resposta	4,2 horas
Taxa de satisfação do cliente	88.5%

Contratos de longo prazo com clientes industriais

Zkin mantém 14 contratos industriais ativos de longo prazo com empresas de desenvolvimento de fabricação e infraestrutura nos mercados China e Internacional.

• Duração do contrato: 3-5 anos
• Valor médio do contrato: US $ 2,7 milhões
• Taxa de renovação: 76,3%

Consulta de engenharia personalizada

A empresa fornece serviços personalizados de consulta de engenharia com uma equipe dedicada de 15 engenheiros metalúrgicos seniores especializados em design complexo do sistema de tubos industriais.

Plataformas de comunicação digital para envolvimento do cliente

Plataforma digital	Engajamento do usuário 2024
Site da empresa	42.500 visitantes mensais
Página corporativa do LinkedIn	3.750 seguidores
Conta de negócios do WeChat	8.200 assinantes

Melhoria contínua de produtos e serviços

Zkin investe US $ 1,2 milhão anualmente em pesquisa e desenvolvimento, com 18% desse orçamento dedicado à integração de feedback do cliente e aprimoramento do produto.

• Investimento anual de P&D: US $ 1,2 milhão
• Canais de feedback do cliente: pesquisas on -line, consultas diretas, interações de suporte técnico
• Ciclo de melhoria do produto: revisão trimestral e implementação

ZK International Group Co., Ltd. (Zkin) - Modelo de Negócios: Canais

Força de vendas direta direcionando mercados industriais

O ZK International Group mantém uma equipe de vendas industriais dedicada focada nos mercados de tubos de aço inoxidável e acessórios. A partir de 2023, a empresa relatou 18 representantes de vendas diretas cobrindo várias regiões geográficas.

Tipo de canal de vendas	Número de representantes	Segmento de mercado -alvo
Vendas diretas industriais	18	Fabricação de tubos de aço inoxidável

Plataformas online de comércio eletrônico

A empresa utiliza canais de vendas digitais para expandir o alcance do mercado. Em 2023, as vendas de plataforma on -line representaram aproximadamente 12,7% da receita total.

Plataforma online	Porcentagem de vendas	Contribuição anual da receita
Site da empresa	5.4%	US $ 2,3 milhões
B2B Marketplace	7.3%	US $ 3,1 milhões

Exposições e conferências de comércio internacional

O ZK International Group participa de eventos importantes do setor para mostrar produtos e rede com clientes em potencial.

• Participação anual em 6-8 exposições internacionais da indústria de metal
• Investimento médio de exposição: US $ 150.000 por ano
• Regiões -alvo: Ásia, América do Norte, Europa

Redes de distribuidores e parceiros

A empresa mantém parcerias estratégicas para expandir a penetração do mercado.

Tipo de parceiro	Número de parceiros	Cobertura geográfica
Distribuidores autorizados	24	China, sudeste da Ásia
Parceiros de Comércio Internacional	12	Europa, América do Norte

Canais de marketing e comunicação digital

O ZK International Group aproveita as plataformas digitais para marketing e envolvimento do cliente.

• Página da empresa do LinkedIn: 3.200 seguidores
• Site tráfego mensal: 45.000 visitantes únicos
• Orçamento anual de marketing digital: US $ 280.000

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: segmentos de clientes

Empresas de manufatura industriais

O ZK International Group atende clientes de fabricação industrial com tubos e produtos de aço inoxidável.

Característica do segmento	Data Point
Clientes de manufatura anual	37 Empresas de Manufatura Industrial
Receita do segmento de fabricação	US $ 14,6 milhões em 2022
Valor médio do contrato	US $ 395.000 por cliente

Empresas de infraestrutura e construção

A empresa fornece soluções de tubulação especializadas para projetos de construção.

• Total de clientes de infraestrutura: 22 empresas de construção
• Cobertura geográfica: principalmente na China
• Receita do segmento: US $ 9,3 milhões em 2022

Projetos de engenharia ambiental

O ZK International Group apóia o desenvolvimento da infraestrutura ambiental.

Tipo de projeto ambiental	Número de projetos
Instalações de tratamento de água	8 projetos ativos
Gerenciamento de águas residuais	5 contratos em andamento
Receita do projeto ambiental	US $ 6,7 milhões em 2022

Mercados de comércio e exportação internacionais

A empresa se concentra na expansão do mercado internacional.

• Países de exportação: 7 países
• Receita do mercado internacional: US $ 5,2 milhões em 2022
• Categorias de produtos de exportação: tubos de aço inoxidável, sistemas de tubulação especializados

Projetos de infraestrutura do governo e do setor público

O ZK International Group colabora com iniciativas de infraestrutura do governo.

Categoria de projeto do governo	Detalhes do projeto
Infraestrutura municipal	12 contratos governamentais ativos
Receita do setor público	US $ 7,8 milhões em 2022
Valor médio do contrato do governo	US $ 650.000 por projeto

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: estrutura de custos

Despesas de fabricação e produção

Com base no relatório anual de 2022, as despesas de fabricação e produção do ZK International Group foram de US $ 12,3 milhões.

Categoria de custo	Valor ($)
Custos de matéria -prima	6,850,000
Custos diretos de mão -de -obra	3,250,000
Manufatura de sobrecarga	2,200,000

Investimentos de pesquisa e desenvolvimento

Os investimentos em P&D para o ano fiscal de 2022 totalizaram US $ 2,7 milhões.

• Projetos de inovação tecnológica: US $ 1,5 milhão
• Desenvolvimento de engenharia: US $ 800.000
• Teste de protótipo: US $ 400.000

Custos de força de trabalho e trabalho técnico

As despesas totais da força de trabalho em 2022 foram de US $ 8,6 milhões.

Categoria de funcionários	Número de funcionários	Custo total ($)
Equipe técnica	120	4,800,000
Pessoal administrativo	85	3,800,000

Manutenção de tecnologia e equipamento

Os custos anuais de manutenção de tecnologia e equipamentos foram de US $ 1,9 milhão em 2022.

• Manutenção de máquinas: US $ 1.200.000
• Utilização de infraestrutura de TI: US $ 450.000
• Licenciamento de software: US $ 250.000

Despesas operacionais de marketing e vendas

As despesas operacionais de marketing e vendas atingiram US $ 3,5 milhões em 2022.

Categoria de despesa de marketing	Valor ($)
Marketing digital	1,250,000
Participação na feira	750,000
Compensação da equipe de vendas	1,500,000

ZK International Group Co., Ltd. (Zkin) - Modelo de negócios: fluxos de receita

Tubos de aço inoxidável e vendas de acessórios

O ZK International Group gerou US $ 24,3 milhões em receita com vendas de tubos de aço inoxidável e encaixe em 2022. O portfólio de produtos da empresa inclui:

• Tubos de aço inoxidável de precisão
• Acessórios industriais de tubos
• Soluções de tubos soldados e sem costura

Categoria de produto	Receita ($)	Quota de mercado
Tubos industriais	14,500,000	59.7%
Acessórios especializados	9,800,000	40.3%

Licenciamento de tecnologia ambiental

O licenciamento de tecnologia ambiental gerou US $ 3,2 milhões em receita para a Zkin em 2022. Os acordos de licenciamento cobrem o tratamento de água e as tecnologias de infraestrutura sustentável.

Serviços de consulta de engenharia

Os Serviços de Consulta de Engenharia contribuíram com US $ 2,7 milhões para o fluxo de receita da empresa em 2022. As áreas de consultoria especializadas incluem:

• Design de infraestrutura
• Otimização do processo industrial
• Estudos de viabilidade técnica

Receitas de comércio e exportação internacionais

As receitas comerciais internacionais atingiram US $ 8,5 milhões em 2022, com os mercados de exportação primários, incluindo:

• Região da Ásia-Pacífico
• Médio Oriente
• Mercados europeus

Região de exportação	Receita ($)	Percentagem
Ásia-Pacífico	4,250,000	50%
Médio Oriente	2,550,000	30%
Europa	1,700,000	20%

Transferência de tecnologia e monetização de propriedade intelectual

A transferência de tecnologia e a monetização IP geraram US $ 1,6 milhão em receita para Zkin em 2022. Os principais ativos de propriedade intelectual incluem:

• Patentes de tratamento de água
• Innovações do processo de fabricação
• Tecnologias de Materiais Avançados

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Value Propositions

You're looking at the core value ZK International Group Co., Ltd. (ZKIN) brings to its customers and the market. It's a mix of heavy industry expertise and a very modern financial play. Honestly, the value proposition is split between tangible infrastructure materials and a novel approach to capital raising.

High-quality, highly-sustainable, and environmentally sound pipe products

ZK International Group Co., Ltd. engineers and manufactures patented high-performance stainless steel and carbon steel pipe products. These are designed to effectively deliver high quality, highly-sustainable, and environmentally sound drinkable water to the Chinese, Asia, and European markets. The company backs this up with formal recognition, holding both Quality Management System Certification (ISO9001) and Environmental Management System Certification (ISO1401), plus a National Industrial Stainless Steel Production Licensee status.

To give you a concrete example of this value in action, Zhenkang Industrial, a subsidiary, recently secured a bid for a China Gas project. This contract, valued at approximately USD $3.88 Million (RMB 27.54 million), involves over 1.43 million meters of 304-grade thin-walled stainless steel pipes and fittings for public health drinking water systems. Still, you should note the H1 2025 financial context: the company reported revenue of $40.00 million and a gross margin of 5.47% for that period.

Patented technology for sophisticated water and gas pipeline systems

The technology is a key differentiator here. ZK International Group Co., Ltd. has built a portfolio of intellectual property that supports these sophisticated systems. Here's a quick look at the documented IP assets, which underpin their product quality:

• Patents owned: 45
• Trademarks owned: 44
• National and Industry Standard Awards: 10

This technological foundation allows ZK International Group Co., Ltd. to play a pivotal role in drafting national standards for direct drinking water pipelines and smart water management infrastructure. Their products, including double-press thin-walled stainless steel tubes and fittings, are specified for critical applications like direct-drinking water systems, cold/hot water supply, city water supply, and gas lines in large and middle-scale construction projects.

Proven track record with over 2,000 major infrastructure projects

Experience matters when you are dealing with municipal infrastructure. ZK International Group Co., Ltd. has a proven history of delivery, having supplied stainless steel pipelines for more than 2,000 projects. These aren't small jobs; they include major landmarks you might recognize. This track record is a clear demonstration of reliability for urban planners, real estate developers, and local governments.

You can see the scale of their past work in this table:

Project Category	Notable Examples	Project Count
Major Infrastructure	Beijing National Airport	Over 2,000
Olympic Venues	Water Cube, Bird's Nest	Included in total
Utility Supply Systems	Direct-drinking water, Gas	Ongoing focus

Public market gateway for the global XRP cryptocurrency community

This is the forward-looking, non-traditional value proposition. As of May 21, 2025, ZK International Group Co., Ltd. announced a unique financing strategy intended to bridge the cryptocurrency market and the stock capital market. The plan is to raise capital up to $1 Billion from holders of Ripple's XRP by offering ZKIN warrants that can be exercised directly using XRP.

The logic here is tapping into a massive, liquid digital asset base. To put that target in perspective, the global XRP community is associated with a market cap of approximately $130 Billion and over 5 million active wallets. While pursuing this novel financing, the company reported a net loss of $0.80 million in the first half of fiscal year 2025, which definitely highlights the need for new capital streams.

Finance: draft 13-week cash view by Friday.

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Customer Relationships

You're looking at how ZK International Group Co., Ltd. (ZKIN) manages its connections with its key customer groups as of late 2025. It's a mix of traditional, large-scale infrastructure work and newer digital finance outreach.

Contract-based, long-term relationships with large government and municipal entities

The relationships here are built on securing large, often public-sector, infrastructure bids. ZK International Group Co., Ltd. has a history of supplying pipelines for major public works, such as the Beijing National Airport, the Water Cube, and the Bird's Nest Olympic venues. The company is positioning itself to benefit from significant government spending initiatives.

The potential scale of these relationships is underscored by the Chinese Government's commitment to water quality improvement, stated to be exceeding $850 Billion. The premise is that a significant portion of this, stated to be 70%, relates to water quality issues ZK International Group Co., Ltd. addresses.

Metric	Value	Context/Date
Total Projects Supplied Pipelines For	Over 2,000	Historical reference for established relationships
Chinese Government Water Commitment	$850 Billion	Potential future opportunity size
Portion of Commitment Relevant to ZKIN	70%	Stated percentage unfit for human contact

Direct sales and technical support for large-scale engineering projects

Direct sales relationships drive the core revenue, which for the six months ended March 31, 2025, totaled $40.00 million. This figure represents a 24.37% decrease compared to the $52.89 million revenue reported for the same period in fiscal year 2024. The trailing twelve months revenue ending March 31, 2025, stood at $95.31 million.

Technical support and direct sales are tied to specific contract wins. For instance, a recent win involved the Shenzhen Municipal Infrastructural Gas Pipeline Procurement Project, valued at approximately $4.47 million, announced in late 2024. Another project win announced in August 2025 was for the China Gas Stainless Steel Pipe Project, valued at approximately $3.88 million.

Investor relations and communication for Nasdaq-listed equity

As a Nasdaq-listed entity (ZKIN), ZK International Group Co., Ltd. maintains formal communication channels with its equity holders. The company announced its unaudited financial results for the six months ended March 31, 2025, on September 29, 2025. The company had previously postponed a shareholder conference call scheduled for February 7, 2025, to incorporate additional significant developments into the discussion.

The company's focus on maintaining its listing status is a key part of this relationship management. For example, in early 2025, the company resolved a previous Nasdaq deficiency regarding periodic filing requirements.

Digital community engagement for the crypto financing initiative

ZK International Group Co., Ltd. is actively engaging a specific digital community for a novel financing strategy via its subsidiary, xSigma Corporation. The goal is to bridge the cryptocurrency market and the stock capital market.

The target community is the global XRP holders, which, as of the May 2025 announcement, had over 5 million active wallets and a market capitalization of approximately $130 Billion. The financing strategy aims to raise capital up to $1 Billion by offering ZKIN warrants exercisable using XRP.

• Target Capital Raise Amount: $1 Billion
• Target Digital Asset Community Size: Over 5 million active wallets
• Target Community Asset Market Cap: Approximately $130 Billion
• Instrument Offered: ZKIN warrants exercisable using XRP
• Subsidiary Leading Initiative: xSigma Corporation

Finance: draft 13-week cash view by Friday.

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Channels

Direct sales force and bidding process for government and municipal contracts.

ZK International Group Co., Ltd. utilizes a direct sales approach, particularly for securing large infrastructure deals. For the six months ended March 31, 2025, the Company reported revenue of $40.00 million. This channel secured specific project wins, such as a $3.88 Million bid for a China Gas Stainless Steel Pipe Project, announced in January 2025. Furthermore, a $4.47 million contract for the Shenzhen Municipal Infrastructural Gas Pipeline Procurement Project was also secured. The company's product portfolio supports both new construction projects and retrofit applications through these direct and engineering contractor channels.

Distribution networks in China, Asia, and Europe.

The primary market remains domestic, serving the Chinese market where ZK International Group Co., Ltd. is headquartered in Wenzhou, China. The product portfolio is sold through a network of regional distributors and engineering contractors across this domestic base. For the trailing twelve months ending March 31, 2025, ZK International Group Co., Ltd.'s revenue totaled $95.31 million. The company has begun exporting select solutions to customers in Europe.

New regional offices and partnerships for Southeast Asia and Middle East markets.

Expansion efforts include exporting select solutions to customers in Southeast Asia and the Middle East, in addition to Europe. This expansion is part of the strategy to advance sustainable climate control technologies and expand market presence beyond the domestic focus. The effectiveness of optimizing distribution channels is a key consideration; a 2025 report noted that businesses optimizing these saw a 40% rise in revenue.

xSigma digital platforms for crypto-related products and services.

The subsidiary, xSigma Corp., is developing digital platforms to bridge the cryptocurrency and stock capital markets. The xSigma Wallet is planned to be regulated in the U.S. and serve customers in over 170 countries. A unique financing strategy was announced to engage the global XRP community by offering ZKIN warrants up to $1 Billion. The company anticipates a gross profit margin in the range of 10% to 12% for the fiscal year 2025, reflecting digital segment expectations alongside core business.

Here's a quick look at the scale of these channel activities as of the first half of fiscal year 2025:

Channel Metric/Activity	Value/Scope	Reporting Period/Date
Revenue (Six Months)	$40.00 million	Ended March 31, 2025
TTM Revenue	$95.31 million	Ended March 31, 2025
Government Contract Win (Shenzhen)	$4.47 million	Reported
Government Contract Win (China Gas)	$3.88 million	Announced January 28, 2025
xSigma Wallet Customer Reach	Over 170 countries	Planned
Potential Financing via Warrants	Up to $1 Billion	Planned Strategy
Anticipated Gross Margin	10% to 12%	Fiscal Year 2025 Projection

The company's sales channels include direct sales, regional distributors, and engineering contractors. The digital channel aims for global reach across over 170 jurisdictions.

• Direct sales force focus on municipal and infrastructure bids.
• Distribution through regional distributors in China.
• Export sales channels active in Europe.
• Partnerships targeted for Southeast Asia and Middle East.
• xSigma digital platform for global crypto-asset transactions.

Finance: review Q3 2025 channel performance against the 10% to 12% gross margin projection by next week.

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Customer Segments

You're looking at the core groups ZK International Group Co., Ltd. (ZKIN) targets to generate its revenue from high-performance steel pipe sales and its newer capital-raising initiatives. Honestly, the business has historically been laser-focused on China's infrastructure needs, but the latest strategy shows a pivot toward non-traditional financing.

Chinese municipal and provincial government infrastructure projects

This segment represents the bread and butter for ZK International Group Co., Ltd., given its core business is supplying patented high-performance stainless steel and carbon steel pipe products for water and gas supplies. The company is positioning itself to capitalize on massive government spending mandates. For instance, ZK International Group Co., Ltd. is preparing to tap into the $850 Billion commitment made by the Chinese Government aimed at improving water quality, which has been reported as 70% unfit for human contact. This government focus directly translates into demand for ZK International Group Co., Ltd.'s specialized piping. You can see the direct impact on the top line, even with recent headwinds; for the six months ended March 31, 2025, revenue was $40.00 million, down from $52.89 million the prior year period, reflecting the slow recovery in the real estate market which often ties into these municipal projects.

Large-scale commercial real estate and construction developers

Developers are a key end-user for the pipe products, especially for large-scale commercial builds requiring sophisticated water and gas pipeline systems. The recent revenue dip in the first half of fiscal year 2025 to $40.00 million was explicitly attributed, in part, to a decrease in demand from this sector due to reduced construction projects and weakened investment momentum. Still, the company's full fiscal year 2024 revenue stood at $108.20 million, showing the scale of business when the market is more robust. The company's gross margin improved to 6.05% in FY2024, suggesting that even with market softness, ZK International Group Co., Ltd. managed to secure better pricing on its sales to this segment.

Gas and water utility companies (e.g., China Gas, Zhuhai Water)

Utility companies are direct purchasers and specifiers of ZK International Group Co., Ltd.'s products for their distribution networks. This segment is crucial for securing large, long-term contracts. A concrete example of success here is the recent win of a $3.88 Million bid for a China Gas stainless steel pipe project, which the company framed as ushering in a new era of healthy drinking water. This type of contract directly feeds into the company's core purpose of supplying high-quality pipes for water and gas distribution. The company's overall revenue for the trailing twelve months ending March 31, 2025, was $95.31 million.

Here's a quick look at the financial performance that underpins the ability to serve these industrial customers:

Financial Metric (Period Ending Sep 30, 2024)	Amount (USD)	FY 2024 Gross Margin
Total Revenue	$108.20 million	6.05%
Gross Profit	$6.55 million	Projected FY2025 Gross Margin
Net Loss	$2.78 million	10-12%

Global holders of XRP cryptocurrency targeted for capital raising

This is a newer, distinct customer segment, or perhaps more accurately, a target investor base for capital infusion, bridging crypto and equity markets. ZK International Group Co., Ltd. announced a unique financing strategy to engage the global XRP community. The plan is to raise capital up to $1 Billion by offering ZKIN warrants exercisable using XRP. This targets holders of Ripple's XRP, which is noted to have a market cap of approximately $130 Billion and over 5 million active wallets globally. The goal is to serve as a gateway for both retail and institutional investors to gain exposure to a Nasdaq-listed equity. This strategy is a significant departure from the traditional infrastructure sales focus.

• Target capital raise: up to $1 Billion.
• Asset targeted for warrant exercise: Ripple's XRP.
• XRP community size referenced: over 5 million active wallets.
• The company's core business remains focused on China-based pipe supply.

If onboarding takes 14+ days for these new warrant holders, compliance risk rises, defintely something to watch.

Finance: draft 13-week cash view by Friday.

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving ZK International Group Co., Ltd. (ZKIN)'s operations, which are heavily influenced by commodity markets and market demand for their pipe products. Honestly, the cost side of the equation has been a real challenge, especially with steel and nickel prices being so jumpy.

High cost of goods sold, driven by volatile raw material costs (nickel, steel).

The Cost of Revenue, which is what you pay for the materials and direct labor to make your product, was substantial. For the fiscal year ended September 30, 2024, the Cost of Goods Sold hit $101.65M. You saw the impact of this pressure during the first half of fiscal year 2025; for the six months ended March 31, 2025, the Gross Profit was only $2.19 million. The company noted that persistent raw materials costs, particularly for stainless steel-where nickel is a key component-outpaced their cost optimization efforts, leading to a lower Gross Margin of 5.47% for that six-month period.

The cost structure is laid out in the table below, giving you a snapshot of the most concrete figures we have for the recent periods:

Cost Component	Period Ending	Amount (USD)	Notes
Cost of Revenue (COGS)	2024-09-30	$101.65M	Reflects production and sales costs
Gross Profit	2025-03-31 (6 Months)	$2.19 million	Decreased 34.63% from prior year period
Research and Development	2024-09-30	$1,197 thousand	Latest reported annual figure
Sales, General and Admin	2024-09-30	$6,469 thousand	Latest reported annual figure
Short-term bank borrowings	2025-03-31	$11.19 million	Outstanding balance

Manufacturing and operational expenses for pipe production.

Direct manufacturing costs are bundled into COGS, but the overhead associated with running the factories and facilities falls under operating expenses. For the six months ended March 31, 2025, ZK International Group Co., Ltd. reported an Income Loss from Operations of ($0.49 million). This loss shows that, even after accounting for the gross profit, the day-to-day running costs were higher than the revenue generated during that period. That's a tough spot to be in.

Research and development (R&D) for new pipe and software technologies.

Investing in future products, like new pipe designs or software for their business, is a necessary cost. Looking at the last full fiscal year data, Research and Development expenses were $1,197 thousand for the year ended September 30, 2024. You want to see this number stay steady or grow if they are serious about their patented technology claims, even when margins are tight.

Sales, General, and Administrative (SG&A) expenses.

These are the costs of selling the product and running the corporate office-salaries, marketing, rent, and so on. For the fiscal year ending September 30, 2024, SG&A expenses were $6,469 thousand. This was down from $7,262 thousand the year prior, showing some cost control in that area.

Short-term bank borrowings of $11.19 million as of March 31, 2025.

To manage working capital or bridge operational gaps, ZK International Group Co., Ltd. utilized debt. As of March 31, 2025, the balance sheet showed $11.19 million in short-term bank borrowings. This figure was up from $10.26 million as of September 30, 2024. That increase in short-term obligations means they needed more immediate cash to cover things, definitely something to watch on the next quarterly filing.

Finance: draft 13-week cash view by Friday.

ZK International Group Co., Ltd. (ZKIN) - Canvas Business Model: Revenue Streams

You're looking at the core ways ZK International Group Co., Ltd. (ZKIN) brings in money right now, which is a mix of its traditional industrial base and newer digital finance ventures. Honestly, the numbers for the first half of 2025 show the traditional side is under pressure.

Sales of Stainless Steel and Carbon Steel Pipe Products and Fittings

The fundamental revenue driver for ZK International Group Co., Ltd. remains the design, production, and sales of its patented high-performance stainless steel and carbon steel pipe products. These are mainly for water and gas supplies. For instance, ZK International Group Co., Ltd. announced winning a bid for a China Gas Stainless Steel Pipe Project valued at $3.88 Million in August 2025. This segment is what the company has built its reputation on, focusing on quality-certified operations and specialized steel products.

Revenue from Infrastructure Project Contracts

The prompt specifies a figure for infrastructure project contracts, which for the six months ended March 31, 2025, totaled $40.00 million. To be fair, ZK International Group Co., Ltd.'s total reported revenue for the entire first half of fiscal year 2025 was $40.00 million, down 24.37% from $52.89 million in H1 2024. This revenue decline was primarily linked to weakened real estate market demand and construction slowdown in China. Still, securing contracts remains a key component of the business model.

Here's a quick look at the H1 2025 performance for the core business:

Metric	H1 2025 Amount (Millions USD)	H1 2024 Amount (Millions USD)
Total Revenue	$40.00	$52.89
Gross Profit	$2.19	$3.35
Gross Margin	5.47%	6.33%

Potential Capital Raised from the Issuance and Exercise of ZKIN Warrants Using XRP

ZK International Group Co., Ltd. is actively pursuing a novel financing strategy to bridge decentralized finance with traditional equity markets. The goal is to raise capital up to $1 Billion by offering ZKIN warrants that can be exercised using Ripple's XRP cryptocurrency instead of fiat currency. This initiative targets the global XRP community, which has over 5 million active wallets and a market capitalization of approximately $130 Billion as of May 2025. This capital, if successfully raised, would flow into the company's overall operations.

Revenue from xSigma's Crypto Platform and Digital Asset Services

Diversification into digital assets is managed through its subsidiary, xSigma Corporation. As of January 2025, xSigma Corp. planned to launch the xSigma Wallet, which is positioned as a crypto platform for buying memecoins and digital assets using credit cards. While this represents a future or emerging revenue stream, specific revenue figures attributable to xSigma's crypto platform for H1 2025 were not detailed in the primary earnings announcements, suggesting it is either nascent or not yet a material contributor to the reported $40.00 million total revenue.

The revenue streams can be summarized by their nature:

• Tangible asset sales: Steel pipes and fittings.
• Contract-based income: Infrastructure projects.
• Financing/Capital Inflow: Potential $1 Billion from XRP warrants.
• Digital services: Crypto platform transactions via xSigma.

Finance: draft 13-week cash view by Friday.