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ZK International (ZKIN) seeks approval for $21M sale of eight subsidiaries

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6-K

Rhea-AI Filing Summary

ZK International Group Co., Ltd. plans to seek shareholder approval to sell eight subsidiaries to PIONEER INVESTMENT MANAGEMENT LTD. for a cash consideration of $21,000,000 at a 2026 extraordinary general meeting on March 26, 2026.

Shareholders of record as of the close of business on March 19, 2026 may vote. In addition to approving the sale, investors are asked to grant the board a broad mandate to finalize all terms and documentation for the transaction and to authorize directors or officers to execute agreements. A further resolution would allow adjournment of the meeting if more proxy votes are needed.

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Insights

ZK International is asking shareholders to approve a $21M divestiture of multiple subsidiaries and a broad board mandate to complete it.

The company is convening a March 26, 2026 extraordinary general meeting to approve the sale of eight subsidiaries across Hong Kong, the PRC, the British Virgin Islands, Delaware, and Uganda to PIONEER INVESTMENT MANAGEMENT LTD. for $21,000,000 in cash. This concentrates several operating entities into a single divestiture.

Conditional on approving this sale, shareholders are also asked to grant the board a general mandate to determine final terms and authorize directors or officers to sign definitive agreements and related documents. Another resolution would permit adjourning the meeting to solicit additional proxies if support is initially insufficient, which can matter if turnout is low.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-38146

 

ZK INTERNATIONAL GROUP CO., LTD.

(Exact name of registrant as specified in its charter)

 

c/o Zhejiang Zhengkang Industrial Co., Ltd.

No. 678 Dingxiang Road, Binhai Industrial Park

Economic & Technology Development Zone

Wenzhou, Zhejiang Province

People’s Republic of China 325025

(Address of principal executive office) 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

 

On March 18, 2026, ZK International Group Co., Ltd. (the “Registrant” or the “Company”) announced that it will hold its 2026 Extraordinary General Meeting of Shareholders (the “Meeting”) on March 26, 2026. Shareholders of record who hold ordinary shares of the Company at the close of business on March 19, 2026 will be entitled to notice of and to vote at the Meeting and any postponements or adjournments thereof.

 

At the Meeting, the shareholders will be asked to vote on (1) the proposed sale of the Company’s subsidiaries, ZK Pipe Industry Co. Ltd., a company incorporated under the laws of Hong Kong, Wenzhou Weijia Pipeline Development Co., Ltd., a company incorporated under the laws of the People’s Republic of China (the “PRC”), Zhejiang Zhengkang Industrial Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Zhengfeng Industry and Trade Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Suona Piping Limited, a company incorporated under the laws of the PRC, XSigma Corporation, a company incorporated under the laws of the British Virgin Islands, xSigma Trading, LLC, a Delaware limited liability company, and ZK International Uganda Limited, a company incorporated under the laws of the Republic of Uganda, to PIONEER INVESTMENT MANAGEMENT LTD., a U.S. company, in exchange for a cash consideration of $21,000,000 (the “Resolution 1”), and (2) a proposal that conditional upon the passing of Resolution 1, (a) a general mandate be and is hereby granted to the board of directors of the Company (the “Board”) to exercise absolute discretion, in determining, negotiating and finalizing all specific terms, conditions and arrangements related to the Transaction, as the Board deems fit; and (b) if and when deemed advisable by the Board in its sole discretion, any director or officer of the company be authorized, for and on behalf of the Company, to execute all definitive agreements related to the Transaction and take all such other acts and things and execute all such documents necessary or desirable to implement the Transaction.

 

The Notice of the Meeting is furnished herewith as Exhibit 99.1.

 

Exhibits

 

Exhibit No.   Description of Exhibit
99.1   Notice of 2026 Extraordinary General Meeting of Shareholders

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: March 18, 2026 ZK International Group Co., Ltd..
     
  By: /s/  Ruihong Ma
    Ruihong Ma
    Chief Executive Officer

 

2

 

Exhibit 99.1

 

ZK International Group Co., Ltd.

NOTICE OF 2026 extraordinary GENERAL MEETING

To be held on MarCH 26, 2026

 

Notice is hereby given that the 2026 extraordinary general meeting (the “Meeting”) of ZK International Group Co., Ltd. (the “Company”), a British Virgin Islands business company with limited liability, will be held at No. 678 Dingxiang Road, Binhai Industrial Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, China on March 26, 2026 at 9 A.M. local time, for the purpose of shareholders considering and if thought fit passing the following resolutions:

 

RESOLUTION 1:

 

IT IS RESOLVED that:

 

the proposed sale of our subsidiaries, ZK Pipe Industry Co. Ltd., a company incorporated under the laws of Hong Kong, Wenzhou Weijia Pipeline Development Co., Ltd., a company incorporated under the laws of the People’s Republic of China (the “PRC”), Zhejiang Zhengkang Industrial Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Zhengfeng Industry and Trade Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Suona Piping Limited, a company incorporated under the laws of the PRC, XSigma Corporation, a company incorporated under the laws of the British Virgin Islands, xSigma Trading, LLC, a Delaware limited liability company, and ZK International Uganda Limited, a company incorporated under the laws of the Republic of Uganda, to PIONEER INVESTMENT MANAGEMENT LTD., a U.S. company, in exchange for a cash consideration of $21,000,000 (the “Transaction”), be and hereby is approved.

 

RESOLUTION 2:

 

IT IS RESOLVED that:

 

Conditional upon the passing of Resolution 1,

 

(a)a general mandate be and is hereby granted to the board of directors of the Company (the “Board”) to exercise absolute discretion, in determining, negotiating and finalizing all specific terms, conditions and arrangements related to the Transaction, as the Board deems fit; and

 

(b)if and when deemed advisable by the Board in its sole discretion, any director or officer of the company be authorized, for and on behalf of the Company, to execute all definitive agreements related to the Transaction and take all such other acts and things and execute all such documents necessary or desirable to implement the Transaction.

 

RESOLUTION 3:

 

IT IS resolved that:

 

the Meeting be adjourned to a later date or dates or sine die, if necessary, to permit further solicitation and vote of proxies if, at the time of the Meeting, there are not sufficient votes for, or otherwise in connection with, the approval of the foregoing resolutions.

 

The Board of Directors has fixed the close of business on March 19, 2026 as the record date for determining the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.

 

A shareholder who is entitled to attend and vote at the Meeting is entitled to appoint one or more proxies to attend and vote instead of that shareholder. Such proxyholder need not be a member.

 

By Order of the Board of Directors,

 

ZK International Group Co., Ltd.  
   
/s/ Ruihong Ma  
Ruihong Ma  
Chief Executive Officer  

 

March 18, 2026

A form of proxy has been included with this Notice.

 

 

 

 

NOTES

 

IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE MEETING IN PERSON OR SEND IN A SPECIFIC PROXY.

 

1A proxy need not be a shareholder of the Company. A shareholder entitled to attend and vote at the Meeting is entitled to appoint one or more proxies to attend and vote in his/her stead. Please insert the name of the person(s) of your own choice that you wish to be appointed proxy in the space provided, failing which the chairperson of the Meeting will be appointed as your proxy.

 

2Any standing proxy previously deposited by a shareholder with the Company will be voted in favor of the resolutions to be proposed at the Meeting unless revoked prior to the Meeting or the shareholder attends the Meeting in person or executes a specific proxy.

 

3A form of proxy for use at the Meeting is enclosed. Whether or not you propose to attend the Meeting in person, you are strongly advised to complete and sign the enclosed form of proxy in accordance with the instructions printed on it and then deposit it (together with any power of attorney or other authority under which it is signed or a notarially certified copy of that power or authority) at No. 678 Dingxiang Road, Binhai Industrial Park, Economic & Technology Development Zone, People’s Republic of China or by email to ruihongma@zkingroup.com, in each case marked for the attention of ZK International Group Co., Ltd. not later than 48 hours before the time for the holding of the Meeting or adjourned Meeting in accordance with the Articles of Association of the Company. Returning the completed form of proxy will not preclude you from attending the Meeting and voting in person if you so wish.

 

4If two or more persons are jointly registered as holders of a share, the vote of the senior person who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of other joint holders. For this purpose seniority shall be determined by the order in which the names stand on the Company’s register of shareholders in respect of the relevant shares.

 

5A shareholder holding more than one share entitled to attend and vote at the Meeting need not cast the votes in respect of such shares in the same way on any resolution and therefore may vote a share or some or all such shares either for or against a resolution and/or abstain from voting a share or some or all of the shares and, subject to the terms of the instrument appointing any proxy, a proxy appointed under one or more instruments may vote a share or some or all of the shares in respect of which he is appointed either for or against a resolution and/or abstain from voting.

 

6The quorum for the Meeting is duly constitute if, at the commencement of the Meeting, there are present in person or by proxy not less than one third (33.3 per cent) of the votes of the shares or class or series of shares entitled to vote on resolutions of shareholders to be considered at the Meeting.

 

9If the proxy is returned without an indication as to how the proxy shall vote, the proxy will vote in favor of each resolution.

 

10This form of proxy is for use by shareholders only. If the appointor is a corporate entity this form of proxy must either be under its seal or under the hand of some officer or attorney duly authorized for that purpose.

 

11Any alterations made to this form must be initialed by you.

 

12Voting will be conducted on a poll.

 

2

 

 

Appendix I

ZK International Group Co., Ltd.

(the “Company”)

Proxy Form 

 

I/We1 ________________________________________________________
   
of ________________________________________________________
   
being a shareholder/shareholder(s) of the Company and the holder/holders of
 
___________________________________________________(number and class of shares)
 
appoint as my/our proxy2
 
  ________________________________________________________
   
of

________________________________________________________

   
Or failing him/her

________________________________________________________

   
of

________________________________________________________

   
or failing him/her the duly appointed chairperson of the Meeting

 

at the 2026 extraordinary general meeting of the Company to be held at No. 678 Dingxiang Road, Binhai Industrial Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, China on March 26, 2026 at 9:00 A.M. local time and at any adjournment of that meeting.

 

Please indicate with a tick mark in the spaces opposite to the resolution how you wish the proxy to vote on your behalf. In the absence of any such indication, the proxy may vote for or against the resolutions or may abstain at his/her discretion.

 

 

1Full name(s) and address(es) to be inserted in block letters.
2Insert name and address of the desired proxy in the spaces provided.

 

3

 

 

Resolutions:   For Against Abstain
1.

IT IS RESOLVED that:

 

the proposed sale of our subsidiaries, ZK Pipe Industry Co. Ltd., a company incorporated under the laws of Hong Kong, Wenzhou Weijia Pipeline Development Co., Ltd., a company incorporated under the laws of the People’s Republic of China (the “PRC”), Zhejiang Zhengkang Industrial Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Zhengfeng Industry and Trade Co. Ltd., a company incorporated under the laws of the PRC, Wenzhou Suona Piping Limited, a company incorporated under the laws of the PRC, XSigma Corporation, a company incorporated under the laws of the British Virgin Islands, xSigma Trading, LLC, a Delaware limited liability company, and ZK International Uganda Limited, a company incorporated under the laws of the Republic of Uganda, to PIONEER INVESTMENT MANAGEMENT LTD., a U.S. company, in exchange for a cash consideration of $21,000,000 (the “Transaction”), be and hereby is approved.

 

2

IT IS RESOLVED that:

 

Conditional upon the passing of Resolution 1,

 

(a)  a general mandate be and is hereby granted to the board of directors of the Company (the “Board”) to exercise absolute discretion, in determining, negotiating and finalizing all specific terms, conditions and arrangements related to the Transaction, as the Board deems fit; and

 

(b) if and when deemed advisable by the Board in its sole discretion, any director or officer of the company be authorized, for and on behalf of the Company, to execute all definitive agreements related to the Transaction and take all such other acts and things and execute all such documents necessary or desirable to implement the Transaction.

 

3

IT IS RESOLVED that:

 

the Meeting be adjourned to a later date or dates or sine die, if necessary, to permit further solicitation and vote of proxies if, at the time of the Meeting, there are not sufficient votes for, or otherwise in connection with, the approval of the foregoing resolutions.

 

 

Dated                                 2026

 

Executed by:
__________________________________
Signature of shareholder
Name of Authorized Officer/Attorney: ________________________3

  

 

3To be completed if the shareholder is a corporation – please insert name of authorized officer/attorney signing on behalf of the corporate shareholder.

 

4

 

FAQ

What major transaction is ZK International Group (ZKIN) asking shareholders to approve?

ZK International Group seeks approval to sell eight subsidiaries to PIONEER INVESTMENT MANAGEMENT LTD. for $21,000,000 in cash. The entities span Hong Kong, mainland China, the British Virgin Islands, Delaware, and Uganda, consolidating several operations into one divestiture transaction.

When is the 2026 extraordinary general meeting for ZK International Group (ZKIN)?

The extraordinary general meeting is scheduled for March 26, 2026 at 9:00 A.M. local time in Wenzhou, Zhejiang Province, China. Shareholders will consider resolutions to approve the $21,000,000 sale, grant a board mandate, and potentially adjourn the meeting if needed.

Who can vote at ZK International Group’s (ZKIN) March 2026 extraordinary general meeting?

Shareholders of record at the close of business on March 19, 2026 are entitled to receive notice and vote. Eligible shareholders may attend in person or appoint one or more proxies, who do not need to be shareholders, to vote on their behalf.

What authority over the $21 million transaction is ZK International Group’s (ZKIN) board seeking?

Conditional on approving the sale, shareholders are asked to grant the board a general mandate to determine, negotiate, and finalize all specific terms and arrangements for the transaction, and to authorize directors or officers to execute definitive agreements and related documents.

What is Resolution 3 in ZK International Group’s (ZKIN) 2026 extraordinary general meeting notice?

Resolution 3 authorizes adjourning the meeting to a later date or sine die if there are not enough votes to approve the earlier resolutions. This allows additional proxy solicitation to seek sufficient shareholder support for the proposed transaction and related mandates.

Which subsidiaries are included in ZK International Group’s (ZKIN) proposed $21 million sale?

The proposed sale covers ZK Pipe Industry, Wenzhou Weijia Pipeline, Zhejiang Zhengkang Industrial, Wenzhou Zhengfeng Industry and Trade, Wenzhou Suona Piping, XSigma Corporation, xSigma Trading, LLC, and ZK International Uganda Limited, to be sold together for $21,000,000 in cash.

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ZK International Group

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