SHANGHAI, Jan. 7, 2022 /PRNewswire/ -- Nisun International
Enterprise Development Group Co., Ltd ("Nisun" or the "Company")
(Nasdaq: NISN), a provider of innovative comprehensive solutions
through an integration of technology, industry, and finance, today
announced that it has signed a cooperative supply chain agreement
with Henan Shiwugu Co., Ltd. ("Shiwugu"). Under this agreement,
Nisun will adhere to an open policy to import grain products,
providing procurement and other services, to help Shiwugu broaden
its market share.
Shiwugu engages in the processing and sales of pre-packaged
foods, bulk foods and agricultural products. Shiwugu has earned a
valuable market reputation as a result of its healthy, nutritious
products and high-quality services. Despite this, due to the market
restraints, the miscellaneous grains imported from Uzbekistan and Laos cannot meet Shiwugu's increasing demand,
thereby limiting its plans for growth and expansion.
Under this agreement, Nisun will leverage its technological
advantages, fully mobilize and integrate market resources to
improve efficiency and optimize resource integration in Shiwugu's
supply chain. Simultaneously, Nisun will rely on its sufficient
capital resources to further support Shiwugu by importing grains
and other agricultural products from overseas markets, while
reducing costs and developing a new development pattern. Nisun will
continue using its advantages to support small and medium-sized
enterprises, such as Shiwugu, by providing tailored services.
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 is dedicated to
providing professional supply chain solutions to Chinese and
foreign enterprises and financial institutions. Through its
subsidiaries, Nisun 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
continues to deepen the field of industry segmentation through
industrial and financial integration, by cultivating/creating an
ecosystem of openness and empowerment. Nisun has built a linked
platform that incorporates supply chain, banking, securities,
trust, insurance, funds, state-owned enterprises, among other
businesses. Focusing on industry-finance linkages, Nisun 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's view of
its future expectations, plans and prospects that constitute
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. 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
encourages you to review other factors that may affect its future
results in Nisun's registration statement and in its other filings
with the Securities and Exchange Commission. Nisun 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.
Contacts
Nisun International Enterprise Development Group Co.,
Ltd
Investor Relations
Tel: +86 (21) 2357-0055
Email: ir@cnisun.com
ICR, LLC
Tel: +1 203 682 8233
Email: nisun@icrinc.com
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SOURCE Nisun International Enterprise Development Group Co.,
Ltd