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Nisun International Signs Agreement to Receive Bank Credit Support from China Everbright Bank
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Nisun International Reports First Quarter 2021 Unaudited Operational Results
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SHANGHAI, May 3, 2021 /PRNewswire/ Nisun International Enterprise Development Group Co., Ltd ( Nisun International or the Company ) (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and finance, today announced its audited financial results for the year ended December 31, 2020.
Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented, As we reflect on 2020, our business evolved both literally and figuratively. The onset of the COVID-19 pandemic presented challenges to our business and pushed us to adapt and refine our business model to focus on SME financing and supply chain solutions. Amid the mergers and acquisitions and dispositions, we are excited to see our strong financial performance in the second half of 2020, as our business generated $42.2 million in revenue in the 2020 fiscal year. Furthermore, we launched a new supply chain soluti
Nisun International Reports Financial Results for the First Half of 2020
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SHANGHAI, Dec. 31, 2020 /PRNewswire/ Nisun International Enterprise Development Group Co., Ltd ( Nisun or the Company ) (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and finance, today announced its unaudited financial results for the six months ended June 30, 2020.
Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented, In July 2019, we shifted our business model to focus on SME financing and supply chain solutions. To streamline our new businesses, we completed a disposition of our legacy equipment and engineering business in November 2020. We sold this business for a loss largely due to current market conditions; however, we believe our entry into the financial services industry represents significantly greater growth opportunities for Nisun mo
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SHANGHAI and WENZHOU, China, Dec. 21, 2020 /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 Fintech (Shanghai) Digital Technology Co., Ltd, a contractually-controlled affiliate of the Company, has entered into a strategic collaboration agreement with Shanghai Petroleum and Natural Gas Exchange ( SHPGX ), a national trading platform for energy products. The two groups agreed to join forces to expand technology supported services to members of SHPGX s trading platform through the provision of supply chain management and financial services, targeting upstream and downstream enterprises in the energy industry.
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