Huiyuan Cowins Technology Group Limited said its stainless steel piped direct drinking water business in China is entering a phase of rapid development, supported by the implementation of the GB5749-2022 drinking water quality standard in 2023 and local livelihood policies in cities including Nanjing, Jinan, Shenzhen and Chongqing. The company cited industry data showing the penetration rate of piped direct drinking water in China’s total water consumption grew at a rate of 10.7% from 2017 to 2022, with industry scale reaching RMB8.87 billion in 2022. It also referenced forecasts for a 13.1% CAGR from 2023 to 2028, with market size expected to reach RMB18.56 billion by 2028. Huiyuan Cowins said its cumulative service footprint covers more than 100,000 households and thousands of teachers and students, and highlighted a Guangdong Radio and Television project with daily supply capacity for more than 4,000 people. The company added that several flagship projects are under accelerated construction and that market share is rising gradually.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huiyuan Cowins Technology Group Limited published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2280374_en), on February 24, 2026, and is solely responsible for the information contained therein.