SHANGHAI, June 7, 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 that it has achieved a
significant breakthrough in its egg business following the Company
stepping into the egg industry.
The Company has stablished a strong business presence with a
daily supply capacity of over 20 million eggs, since its entrance
into the industry about one year ago. This remarkable performance
highlights the initial success of Nisun International's strategy to
expand its egg supply chain business and enhance brand
awareness.
Through extensive research and analysis of the market metrics,
the Company identified the egg industry as one of its key business
development directions to achieve a strategic leap in growth. Nisun
International strives to drive growth, ensure quality, and improve
profit margins through strategies such as joint procurement,
centralized and agency procurement, cooperation with the
state-owned rural supply and marketing cooperatives, and developing
its own brand retail business. The joint procurement model supports
a daily supply of 3.6 - 6 million eggs. Meanwhile, the centralized
and agency procurement, along with the supply and marketing
cooperatives system models, boast daily supply capacities of 3.8
million and 10 million eggs, respectively.
With a commitment to contribute to food safety and sustainable
development, Nisun International aims to position itself as a
trusted provider of premium egg products to discerning local
consumers, thus achieving long-term business growth and creating
more value for shareholders.
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. 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.
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SOURCE Nisun International Enterprise Development Group Co.,
Ltd