SHANGHAI, Dec. 2, 2024
/PRNewswire/ -- Nisun International Enterprise Development Group
Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN),
a technology and industry-driven integrated supply chain solutions
provider, today announced a significant expansion into the
agricultural supply chain with a strategic cooperation agreement
with Henan Yingda Feng Agricultural Development Co., Ltd.
("Henan Yingda Feng"). The
agreement, which involves the annual supply of 200,000 tons of corn
products, is valued at approximately RMB 600
Million (approximately $82 million
USD).
This agreement marks another major milestone in Nisun
International's efforts to diversify its business and strengthen
its position as a leading supply chain solutions provider.
Following its successful entry into the rubber supply chain
industry, Nisun International is leveraging its advanced supply
chain capabilities to drive innovation and efficiency in the
agricultural sector.
Strategic Highlights of the Agreement:
- A Strategic Expansion in Agricultural Supply Chains: Building
on its foundation as a leading supplier of eggs and its expansion
into the rubber supply chain, Nisun International's move into corn
supply chain solutions represents a significant breakthrough in its
agricultural supply chain strategy.
- Recognition in Henan Province,
China's Agricultural Hub:
Henan Province, one of
China's largest producers and
consumers of agricultural products, underscores the importance of
Nisun International's supply chain services. This collaboration
demonstrates the growing recognition of Nisun International's
capabilities by key players in the agricultural sector.
"This agreement is a testament to our ability to deliver value
to core users in critical industries," said Xin Liu, CEO of Nisun International. "Our entry
into the corn supply chain builds on our proven expertise in
integrated supply chain services, highlighting our ability to
support key agricultural regions like Henan Province. We are proud to contribute to
the development of China's
agricultural supply chain ecosystem."
About Nisun International Enterprise Development Group Co.,
Ltd.
Nisun International Enterprise Development Group Co., Ltd.
(NASDAQ: NISN) is a technology-driven, integrated supply chain
solutions provider focused on transforming the corporate finance
industry. Leveraging its industry experience, Nisun International
is dedicated to providing professional supply chain solutions to
Chinese and foreign enterprises and financial institutions. Through
its subsidiaries, Nisun International provides users with
professional solutions for technology supply chain management,
technology asset routing, and digital transformation of tech and
finance institutions, enabling the industry to strengthen and grow.
At the same time, Nisun International continues to deepen the field
of industry segmentation through industrial and financial
integration. Focusing on industry-finance linkages, Nisun
International aims to serve the upstream and downstream of the
industrial supply chain while also assisting with supply-side
sub-sector reform. For more information, please visit
http://ir.nisun-international.com/
Cautionary Note Regarding Forward-Looking
Statements
This press release contains information about
Nisun International 's view of its future
expectations, plans and prospects that constitute forward-looking
statements. Actual results may differ materially from historical
results or those indicated by these forward-looking statements as a
result of a variety of factors including, but not limited to, risks
and uncertainties associated with its ability to raise additional
funding, its ability to maintain and grow its business, variability
of operating results, its ability to maintain and enhance its
brand, its development and introduction of new products and
services, the successful integration of acquired companies,
technologies and assets into its portfolio of products and
services, marketing and other business development initiatives,
competition in the industry, general government regulation,
economic conditions, dependence on key personnel, the ability to
attract, hire and retain personnel who possess the technical skills
and experience necessary to meet the requirements of its clients,
and its ability to protect its intellectual property. Nisun
International encourages you to review other factors that may
affect its future results in Nisun International 's registration
statement and in its other filings with the Securities and Exchange
Commission. Nisun International assumes no obligation to update or
revise its forward-looking statements as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
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SOURCE Nisun International Enterprise Development Group Co.,
Ltd.