NISN - Mergers and acquisitions

SHANGHAI, Nov. 11, 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, is pleased to announce its acquisition of a minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd. ("Nanjing Pin Bai Sheng"), a prominent franchisee and partner in China's thriving food and beverage sector. This strategic investment aligns with Nisun International's commitment to  expanding its footprint in China's supply chain and rapidly growing campus catering markets. Nanjing Pin Bai Sheng, known for its operational expertise and strong partners

SHANGHAI, Aug. 17, 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 completed the acquisition of Qingdao Sailang International Trade Co., Ltd ("Qingdao Sailang"), a company engaged in domestic and international trades of metal ore, for RMB5 million, or approximately USD741.5 thousands. Following the acquisition, the Company owns 100% of the equity in Qingdao Sailang through its subsidiary, NiSun Ocean (Qingdao) Supply Chain Investment Co., Ltd. The transaction was financed with cash on