Nisun International Announces Strategic Collaboration with Shengda Coal to Jointly Develop Supply Chain Services in Energy Industry prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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.