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ZK International Announces Option Trading Now Available for the Company

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WENZHOU, China, April 29, 2021 /PRNewswire/ — ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International”) is pleased to announce that there is now options trading available on the Company.

(PRNewsfoto/ZK International Group Co., Ltd.)

The options listing provides additional means to invest in the Company, providing investors with alternative ways to invest in the Company.

About ZK International Group Co., Ltd.

ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies for the modern world. With a focus on designing and implementing next-generation solutions through industrial, environmental and software engineering, ZKIN owns 28 patents, 21 trademarks, 2 Technical Achievement Awards, and 10 National and Industry Standard Awards.  

ZKIN’s core business is to engineer and manufacture patented high-performance stainless steel and carbon steel pipe products that effectively deliver high quality, highly-sustainable and environmentally sound drinkable water to the Chinese, Asia and European markets.  ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee. It has supplied stainless steel pipelines for over 2,000 projects, which include the Beijing National Airport, the “Water Cube” and “Bird’s Nest”, which were venues for the 2008 Beijing Olympics.  ZK International is preparing to capitalize on the $850 Billion commitment made by the Chinese Government to improve the quality of water, which has been stated to be 70% unfit for human contact.  

In 2018, ZKIN established its wholly-owned xSigma Corporation to develop innovative software solutions that support its core operations while exploring new opportunities in smart contracts, distributed ledgers, supply chain management and blockchain architecture. The xSigma Labs team is made up of world-class developers and engineers formerly of Facebook, Google, Amazon, Ripple and 1inch, most recently launching its first DeFi project in the Fall of 2020. 

In March of 2021, ZKIN announced the formation of its new wholly-owned subsidiary, xSigma Entertainment Limited. It was established as part of ZK’s integrated network of companies focused on developing and investing in innovative software technology platforms. xSigma Entertainment’s mandate is to acquire assets in the high-growth US gaming market.  Sigma Entertainment aims to increase shareholder value by targeting and investing in early stage online gambling businesses that are poised for exponential growth and exits. 

For more information please visit www.ZKInternationalGroup.com. Additionally, please follow the Company on TwitterFacebookYouTube, 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 guarantees 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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/zk-international-announces-option-trading-now-available-for-the-company-301280512.html

SOURCE ZK International Group Co., Ltd.

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Source: https://markets.businessinsider.com/news/stocks/zk-international-announces-option-trading-now-available-for-the-company-1030366225

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Indian Shares Seen Tad Lower At Open

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(RTTNews) – Indian shares look set to open lower on Friday as investors react to the latest earnings results from prominent companies including Asian Paints, Hindalco, Lupin and UPL.

India’s COVID-19 situation is still extremely precarious, with daily virus cases falling for the fifth consecutive day while the country recorded more than 4,000 deaths for a second straight day.

The Centre on Thursday said that over two billion doses of COVID vaccines will be available in India between August and December this year which will be sufficient to vaccinate the entire population.

Meanwhile, retail inflation and IIP data released on Wednesday provided strong positive signals for the economy.

India’s consumer price inflation slowed in April, after accelerating in the previous month, preliminary data from the statistical office showed.

The consumer price index rose 4.29 percent year-on-year after a 5.52 percent jump in March. Economists had forecast an inflation rate of 4.20 percent.

India’s industrial production grew strongly in March, after a sharp fall in the previous month, separate data showed.

The industrial production index climbed 22.4 percent year-on-year, which was faster than the 17.6 percent growth economists had forecast.

Indian markets were closed on Thursday on account of Id-Ul-Fitr or Ramzan Eid.

Benchmark indexes Sensex and the Nifty fell about 1 percent on Wednesday to extend losses from the previous session, while the rupee depreciated by eight paise to settle at 73.42 against the U.S. dollar.

Asian markets are trading mostly higher this morning as benchmark U.S. 10-year Treasury yields slipped from a more than one-month high hit on Thursday.

Gold dipped on a firmer dollar while oil extended losses after falling more than 3 percent overnight.

U.S. stocks rose sharply overnight to snap a three-session losing streak after data showed fewer Americans filed new claims for unemployment benefits last week and producer prices surged last month.

The Dow climbed 1.3 percent, the S&P 500 rallied 1.2 percent and the tech-heavy Nasdaq Composite added 0.7 percent after a Fed official said policymakers need to see several months of data before determining when to adjust policy.

European stocks ended Thursday’s session on a mixed note amid inflation jitters.

The pan European Stoxx 600 edged down 0.1 percent. The German DAX gained 0.3 percent and France’s CAC 40 index inched up 0.1 percent while the U.K.’s FTSE 100 shed 0.6 percent.

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Source: https://markets.businessinsider.com/news/stocks/indian-shares-seen-tad-lower-at-open-1030428193

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Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show

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SHANGHAI, May 13, 2021 /PRNewswire/ — Industry-leading new mobility and intelligent driving research company, Human Horizons, recently revealed the four new models of the HiPhi X Super SUV. Originally announced on March 30, the four and six-seater Flagship, six-seater Performance, and six-seater Luxury models which are priced between RMB 570,000-800,000 were officially unveiled at the Shanghai Auto Show over April 21-28. Loaded with features, the HiPhi X combines the latest in technological innovation with the comforts of a luxury vehicle to create a new segment of cars, TECHLUXE®.

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation,’ the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience.

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation‘, the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience. Utilizing its class leading H-SOA electrical architecture and the newly designed theatre-style booth, the HiPhi X performed a specially choreographed Shanghai dance for onlookers. The spectacle was accompanied by sounds and special effects and was broadcast on LED screens throughout the venue. Additionally, users were able to scan QR codes to check in at the booth, take photos and share their experience online.

Upon unveiling the new models, Human Horizons founder and CEO, Ding Lei said, “The HiPhi X is built to be a personal companion for our users. We believe that everyone is unique, and are therefore committed to offering more choices by tailoring the vehicles to users’ needs.”

Human Horizons officially announced the four new HiPhi X models would be priced at RMB 570,000 for the Performance six-seater model, RMB 620,000 for the Luxury six-seater, RMB 680,000 for the Flagship six-seater, and RMB 800,000 for the Flagship four-seater. Each model is accompanied with a class leading worry-free warranty package.

Human Horizons officially announced the four new HiPhi X models would be priced at RMB 570,000 for the Performance six-seater model, RMB 620,000 for the Luxury six-seater, RMB 680,000 for the Flagship six-seater, and RMB 800,000 for the Flagship four-seater. Each model is accompanied with a class leading worry-free warranty package.

Human Horizons has been rapidly opening its own HiPhi Hubs or experience centers around the country and customer test drives started on April 20. Currently, HiPhi Hubs have been opened in major cities with a total of 85 to be completed by the end of May and up to 120 by the end of 2021. Additionally, a network of charging stations around the country has been growing through in-depth cooperation with charging partners such as State Grid, China Southern Power Grid, and TELD. Together this will provide 150,000 public charging stations across more than 300 cities and major highway networks. HiPhi X users will also receive a smart interactive Human Horizons home charging station that responds to voice commands and be customized to suit users’ preferences.

Production of the HiPhi X is running on schedule with the brand new ‘HiPhi Plaza’ smart factory already operational and producing vehicles ready to deliver to users. Deliveries will commence on schedule to its initial users on May 8th. Designed and built on the four pillars of ‘smart, digital, connected, sustainable’, the HiPhi Plaza sets a new benchmark for smart manufacturing in the digital era. With full 5G coverage, integration of world-class KUKA C4 robots, and the latest generation of Dürr painting robots, manufacturing is seamlessly synchronized online and offline. In the future, the smart factory will also be a HiPhi experience center where users can experience post-modern and eco-friendly industrial manufacturing, test drive the latest HiPhi X vehicles, and even make a purchase of their desired model.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

Forward-Looking Statement

This press release contains statements that may constitute “forward-looking” statements. These forward-looking statements can be identified by terminologies such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Human Horizons’ beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Human Horizons’ strategies, future business development, and financial condition and results of operations; Human Horizons’ limited operating history; risks associated with electric vehicles; Human Horizons’ ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers on schedule and on a large scale; Human Horizons’ ability to grow manufacturing in its joint venture plant; product defects or any other failure of vehicles to perform as expected; Human Horizons’ ability to build the Human Horizons and HiPhi brands; Human Horizons’ ability to compete successfully; Human Horizons’ ability to secure sufficient reservations of orders; changes in consumer demand and government incentives, subsidies, or other favorable government policies; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. All information provided in this press release is as of the date of this press release, and Human Horizons does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

HiPhi Logo (PRNewsfoto/Human Horizons)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/human-horizons-unveils-4-new-hiphi-x-models-at-2021-shanghai-auto-show-301291441.html

SOURCE Human Horizons

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Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show

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SHANGHAI, May 13, 2021 /CNW/ — Industry-leading new mobility and intelligent driving research company, Human Horizons, recently revealed the four new models of the HiPhi X Super SUV. Originally announced on March 30, the four and six-seater Flagship, six-seater Performance, and six-seater Luxury models which are priced between RMB 570,000-800,000 were officially unveiled at the Shanghai Auto Show over April 21-28. Loaded with features, the HiPhi X combines the latest in technological innovation with the comforts of a luxury vehicle to create a new segment of cars, TECHLUXE®.

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation,’ the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience.

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation‘, the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience. Utilizing its class leading H-SOA electrical architecture and the newly designed theatre-style booth, the HiPhi X performed a specially choreographed Shanghai dance for onlookers. The spectacle was accompanied by sounds and special effects and was broadcast on LED screens throughout the venue. Additionally, users were able to scan QR codes to check in at the booth, take photos and share their experience online.

Upon unveiling the new models, Human Horizons founder and CEO, Ding Lei said, “The HiPhi X is built to be a personal companion for our users. We believe that everyone is unique, and are therefore committed to offering more choices by tailoring the vehicles to users’ needs.”

Human Horizons officially announced the four new HiPhi X models would be priced at RMB 570,000 for the Performance six-seater model, RMB 620,000 for the Luxury six-seater, RMB 680,000 for the Flagship six-seater, and RMB 800,000 for the Flagship four-seater. Each model is accompanied with a class leading worry-free warranty package.

Human Horizons officially announced the four new HiPhi X models would be priced at RMB 570,000 for the Performance six-seater model, RMB 620,000 for the Luxury six-seater, RMB 680,000 for the Flagship six-seater, and RMB 800,000 for the Flagship four-seater. Each model is accompanied with a class leading worry-free warranty package.

Human Horizons has been rapidly opening its own HiPhi Hubs or experience centers around the country and customer test drives started on April 20. Currently, HiPhi Hubs have been opened in major cities with a total of 85 to be completed by the end of May and up to 120 by the end of 2021. Additionally, a network of charging stations around the country has been growing through in-depth cooperation with charging partners such as State Grid, China Southern Power Grid, and TELD. Together this will provide 150,000 public charging stations across more than 300 cities and major highway networks. HiPhi X users will also receive a smart interactive Human Horizons home charging station that responds to voice commands and be customized to suit users’ preferences.

Production of the HiPhi X is running on schedule with the brand new ‘HiPhi Plaza’ smart factory already operational and producing vehicles ready to deliver to users. Deliveries will commence on schedule to its initial users on May 8th. Designed and built on the four pillars of ‘smart, digital, connected, sustainable’, the HiPhi Plaza sets a new benchmark for smart manufacturing in the digital era. With full 5G coverage, integration of world-class KUKA C4 robots, and the latest generation of Dürr painting robots, manufacturing is seamlessly synchronized online and offline. In the future, the smart factory will also be a HiPhi experience center where users can experience post-modern and eco-friendly industrial manufacturing, test drive the latest HiPhi X vehicles, and even make a purchase of their desired model.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

Forward-Looking Statement

This press release contains statements that may constitute “forward-looking” statements. These forward-looking statements can be identified by terminologies such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Human Horizons’ beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Human Horizons’ strategies, future business development, and financial condition and results of operations; Human Horizons’ limited operating history; risks associated with electric vehicles; Human Horizons’ ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers on schedule and on a large scale; Human Horizons’ ability to grow manufacturing in its joint venture plant; product defects or any other failure of vehicles to perform as expected; Human Horizons’ ability to build the Human Horizons and HiPhi brands; Human Horizons’ ability to compete successfully; Human Horizons’ ability to secure sufficient reservations of orders; changes in consumer demand and government incentives, subsidies, or other favorable government policies; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. All information provided in this press release is as of the date of this press release, and Human Horizons does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

HiPhi Logo (PRNewsfoto/Human Horizons)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/human-horizons-unveils-4-new-hiphi-x-models-at-2021-shanghai-auto-show-301291441.html

SOURCE Human Horizons

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CNFinance to Hold Annual General Meeting on June 7, 2021

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GUANGZHOU, China, May 13, 2021 /PRNewswire/ — CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company“), a leading home equity loan service provider in China, today announced that it will hold its annual general meeting of shareholders (the “AGM“) at 44/F, Tower G, No. 16 Zhujiang Dong Road, Tianhe District, Guangzhou City, Guangdong Province 510620, People’s Republic of China on June 7, 2021 at 9:30 a.m. – 11:00 a.m. (Beijing Time). No proposal will be submitted for shareholder approval at the AGM. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company’s American Depositary Shares (“ADSs“) to discuss Company affairs with management.

The board of directors of the Company has fixed the close of business on May 7, 2021 as the record date (the “Record Date“) for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof.

Holders of record of the Company’s ordinary shares at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Beneficial owners of the Company’s ADSs are also welcome to attend the AGM in person.

About CNFinance Holdings Limited

CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company“) is a leading home equity loan service provider in China. CNFinance conducts business by collaborating with sales partners and trust company partners. Sales partners are responsible for recommending micro-and small-enterprise (“MSE“) owners with financing needs to the Company and the Company introduces eligible borrowers to its trust company partners who will then conduct their own risk assessments and make credit decisions. The Company’s primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities in China. The loans CNFinance facilitates are primarily funded through a trust lending model with its trust company partners who are well-established with sufficient funding sources and have licenses to engage in lending business nationwide. The Company’s risk mitigation mechanism is embedded in the design of its loan products, supported by an integrated online and offline process focusing on risks of both borrowers and collateral and further enhanced by effective post-loan management procedures.

Cision View original content:https://www.prnewswire.com/news-releases/cnfinance-to-hold-annual-general-meeting-on-june-7-2021-301291440.html

SOURCE CNFinance Holdings Limited

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