Huiyuan Cowins’ Stainless Steel Piped Direct Drinking Water Business Driven by Policies and Market Demand

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EQS Newswire / 24/02/2026 / 10:45 UTC+8Becoming a Key Future Growth Engine with Integrated Supply Chain Strengths(24 February 2026, Hong Kong) Huiyuan Cowins Technology Group Limited (“Huiyuan Cowins Technology”, together with its subsidiaries, the “Group”; stock code: 1116.HK) is pleased to announce that the Group’s stainless steel piped direct drinking water business in China is entering a phase of rapid development. This is benefitted from the upgrade of national drinking water standards and the implementation of livelihood improvement policies, together with surging demand for healthy drinking water. By leveraging its technologies across the full supply chain, multi-scenario flagship projects, and large-scale market coverage, the Group has successfully built differentiated competitive barriers in the industry. This business has become the core engine of the Group’s future growth and will continue to expand its growth potential in line with industry development.Dual Drivers of Policy and Demand Propel Industry into High GrowthThe piped direct drinking water industry in China is entering a period of dual dividends from policy and market, laying a solid foundation for the Group’s business development. At the national level, the GB5749-2022 " Standards for Drinking Water Quality" was officially implemented in 2023. The standard significantly raises the threshold for water safety and provides regulatory and standard support for the high-quality development of the industry. At the local level, many cities including Nanjing, Jinan, Shenzhen, and Chongqing have included direct drinking water projects as key livelihood construction initiatives. These cities have issued special technical specifications to promote systematic implementation in various scenarios such as communities, schools, and hospitals.On the market side, public health awareness has deepened and attention to drinking water safety continues to rise. Piped direct drinking water effectively addresses industry pain points such as secondary contamination and filter replacements for purifiers installed at the point of use. It also offers advantages in cost and environmental impact. The solution is becoming the preferred drinking option in many public settings, and market acceptance and penetration are steadily increasing.Industry research shows that the penetration rate of piped direct drinking water...

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