Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Strategic Collaboration Announced for NASDAQ: NISN with Retail Chain Giant Beijing Digital Telecom to Jointly Develop Supply Chain Services in Retail Industry: Nisun Intl. (NASDAQ: NISN) By: Get News July 22, 2021 at 17:58 PM EDT (NASDAQ: NISN) a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, today announced Fanlunke Supply Chain Management (Shanghai) Co., Ltd, a subsidiary of Fintech (Shanghai) Digital Technology Co., Ltd. and a controlled affiliate of the Company, has signed a cooperation agreement with Beijing Digital Telecom Co., Ltd. (“Dixintong”) (HKEX: 06188), a subsidiary of state-owned enterprise Zhuhai Huafa Group Co., Ltd. (“Huafa Group”). The two parties will cooperate in the areas of retail supply chain management services, retail business innovation, and technological innovation.Under this agreement, the two parties will cooperate in supply chain management services to improve the efficiency and safety of the upstream and downstream retail consumer supply chain across multiple industries. Through gradual expansion in scale, the two parties will strengthen the cooperation and bring more value to their respective shareholders.Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented: “As China continues to accelerate the construction of new development patterns from a macro perspective, its consumer market will continue moving in the direction of high-end, high-quality, and intelligence, a positive trend for 3C high-end consumption. Nisun will promote and facilitate the transformation of China’s mobile communication supply chain industry through industrial chain integration and efficiency improvement.”Dixintong (HKEX: 06188) is China’s largest retail chain for mobile phones and accessories. It primarily operates in the retail and wholesale areas of mobile communication equipment and accessories with over a thousand directly operated and franchised stores. Over the years, Dixintong has entered into long-term strategic cooperation with major mobile phone manufacturers, suppliers, and operators, while cooperating closely with major e-commerce giants such as JD.com and Alibaba.Established in 1980, Zhuhai Huafa Group Co., Ltd. is a state-owned enterprise, operated by the Zhuhai State-owned Assets Supervision and Administration Commission. Since 2016, for five consecutive years, it has ranked among the “Top 500 Chinese Enterprises.” In 2020, it was ranked 259 and was selected as the “Double Hundred Enterprise” for the State-owned Enterprise Reform of the State Council. NASDAQ Listed Technology Driven Integrated Supply Chain Solutions Provider for the International Finance Industry. Linked Platform for Supply Chain, Banking, Securities, Trust, Insurance, Funds, State-Owned Enterprises and Other Businesses.Strong Financial Results in 2020 Generating $42.2 Million Revenue. Launched New Supply Chain Solutions Financing Business to Further Drive Overall Business Growth.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, NISN is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, NISN 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, NISN continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. NISN 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, NISN aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. NISN has an attractive share structure with only 20,555,129 shares currently outstanding. NISN Reports Fiscal Year 2020 Financial ResultsOn May 3rd NISN announced its audited financial results for the year ended December 31, 2020.In 2020 the onset of the COVID-19 pandemic presented challenges to NISN and pushed the company to adapt and refine its business model to focus on SME financing and supply chain solutions. Amid the mergers and acquisitions and dispositions, NISN still delivered a strong financial performance in the second half of 2020, as the business generated $42.2 million in revenue in the 2020 fiscal year. Furthermore, NISN launched a new supply chain solutions financing business, which is likely to further drive overall business growth. Looking ahead to 2021, NISN remains committed to providing high-quality supply chain products and services to its clients.For more information on Nisun International Enterprise Development Group Co., Ltd (NISN) visit http://.ir.nisun-nasdaq.com/index.html and http://www.fintaike.com. DISCLAIMER: FrontPageStocks/CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. FPS/CA is NOT affiliated in any manner with any company mentioned herein. FPS/CA is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FPS/CA’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. FPS/ CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FPS/CA has been compensated $500 by the company for dissemination of this Article.Disclaimer/Safe Harbor:These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.Media ContactCompany Name: Nisun International Enterprise Development Group Co., LtdContact Person: Ms. Changjuan Liang Chief Financial OfficerEmail: Send EmailPhone: +86 (21) 2357-0055Address:No. 936, Jinhai 2nd Road Konggang New Area City: Longwan State: Wenzhou Country: ChinaWebsite: http://ir.nisun-nasdaq.com/ Related Stocks: Nisun Int Ent Dev Grp Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. 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Strategic Collaboration Announced for NASDAQ: NISN with Retail Chain Giant Beijing Digital Telecom to Jointly Develop Supply Chain Services in Retail Industry: Nisun Intl. (NASDAQ: NISN) By: Get News July 22, 2021 at 17:58 PM EDT (NASDAQ: NISN) a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, today announced Fanlunke Supply Chain Management (Shanghai) Co., Ltd, a subsidiary of Fintech (Shanghai) Digital Technology Co., Ltd. and a controlled affiliate of the Company, has signed a cooperation agreement with Beijing Digital Telecom Co., Ltd. (“Dixintong”) (HKEX: 06188), a subsidiary of state-owned enterprise Zhuhai Huafa Group Co., Ltd. (“Huafa Group”). The two parties will cooperate in the areas of retail supply chain management services, retail business innovation, and technological innovation.Under this agreement, the two parties will cooperate in supply chain management services to improve the efficiency and safety of the upstream and downstream retail consumer supply chain across multiple industries. Through gradual expansion in scale, the two parties will strengthen the cooperation and bring more value to their respective shareholders.Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented: “As China continues to accelerate the construction of new development patterns from a macro perspective, its consumer market will continue moving in the direction of high-end, high-quality, and intelligence, a positive trend for 3C high-end consumption. Nisun will promote and facilitate the transformation of China’s mobile communication supply chain industry through industrial chain integration and efficiency improvement.”Dixintong (HKEX: 06188) is China’s largest retail chain for mobile phones and accessories. It primarily operates in the retail and wholesale areas of mobile communication equipment and accessories with over a thousand directly operated and franchised stores. Over the years, Dixintong has entered into long-term strategic cooperation with major mobile phone manufacturers, suppliers, and operators, while cooperating closely with major e-commerce giants such as JD.com and Alibaba.Established in 1980, Zhuhai Huafa Group Co., Ltd. is a state-owned enterprise, operated by the Zhuhai State-owned Assets Supervision and Administration Commission. Since 2016, for five consecutive years, it has ranked among the “Top 500 Chinese Enterprises.” In 2020, it was ranked 259 and was selected as the “Double Hundred Enterprise” for the State-owned Enterprise Reform of the State Council. NASDAQ Listed Technology Driven Integrated Supply Chain Solutions Provider for the International Finance Industry. Linked Platform for Supply Chain, Banking, Securities, Trust, Insurance, Funds, State-Owned Enterprises and Other Businesses.Strong Financial Results in 2020 Generating $42.2 Million Revenue. Launched New Supply Chain Solutions Financing Business to Further Drive Overall Business Growth.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, NISN is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, NISN 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, NISN continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. NISN 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, NISN aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. NISN has an attractive share structure with only 20,555,129 shares currently outstanding. NISN Reports Fiscal Year 2020 Financial ResultsOn May 3rd NISN announced its audited financial results for the year ended December 31, 2020.In 2020 the onset of the COVID-19 pandemic presented challenges to NISN and pushed the company to adapt and refine its business model to focus on SME financing and supply chain solutions. Amid the mergers and acquisitions and dispositions, NISN still delivered a strong financial performance in the second half of 2020, as the business generated $42.2 million in revenue in the 2020 fiscal year. Furthermore, NISN launched a new supply chain solutions financing business, which is likely to further drive overall business growth. Looking ahead to 2021, NISN remains committed to providing high-quality supply chain products and services to its clients.For more information on Nisun International Enterprise Development Group Co., Ltd (NISN) visit http://.ir.nisun-nasdaq.com/index.html and http://www.fintaike.com. DISCLAIMER: FrontPageStocks/CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. FPS/CA is NOT affiliated in any manner with any company mentioned herein. FPS/CA is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FPS/CA’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. FPS/ CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FPS/CA has been compensated $500 by the company for dissemination of this Article.Disclaimer/Safe Harbor:These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.Media ContactCompany Name: Nisun International Enterprise Development Group Co., LtdContact Person: Ms. Changjuan Liang Chief Financial OfficerEmail: Send EmailPhone: +86 (21) 2357-0055Address:No. 936, Jinhai 2nd Road Konggang New Area City: Longwan State: Wenzhou Country: ChinaWebsite: http://ir.nisun-nasdaq.com/ Related Stocks: Nisun Int Ent Dev Grp Ltd