Nisun International Enterprise Development Group Co., Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People's Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs' access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products. The company was formerly known as Hebron Technology Co., Ltd. and changed its name to Nisun International Enterprise Development Group Co., Ltd in September 2020. Nisun International Enterprise Development Group Co., Ltd was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.
IPO Year: 2016
Exchange: NASDAQ
Website: ir.nisun-nasdaq.com
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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, Nov. 5, 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 the signing of strategic partnership agreements with Shandong Hi-Speed Qingdao West Coast Port Co., Ltd., Shanneng (Qingdao) Smart Industrial Technology Co., Ltd., and Ningbo Weiduoduo New Material Technology Co., Ltd. These agreements mark Nisun International's strategic entry into the rubber supply chain market with initial orders totaling approximately $13.5 million (RMB 95.6 million). As part of this collaboration, the Company will delive
SHANGHAI, Oct. 25, 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 the Company has repurchased 39,112 shares of its stock at an average price of $14.1263 per share for total proceeds of $552,508 under its $15 million share buyback program, which was announced on October 9, 2024. The repurchases of the Company's shares were made on October 17, 2024. The Company believes that this buyback is an excellent use of its cash, as the stock is currently trading at a significant discount to cash value and at a price
Company Initiates Share Repurchases Under $15 Million Buyback Program SHANGHAI, Oct. 22, 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, has signed a strategic cooperation agreement with Beijing Tong Ren Tang Henan Traditional Chinese Medicine Technology Development Co., Ltd., marking its entrance into the traditional Chinese medicine (TCM) supply chain. The partnership focuses on sourcing Cornus officinalis (Chinese dogwood), a vital ingredient in TCM. This cooperation highlights Nisun's commitment to entering the TCM industry,
Company Reports 52% Revenue Growth, Initiates $15 Million Share Buyback Program SHANGHAI, Oct. 15, 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 its reviewed but unaudited financial results for the six months ended June 30, 2024. First Half 2024 Financial Highlights: Total revenue increased by 52% to $192.5 million, compared to $126.9 million for the first half of 2023.Supply chain trading business revenue increased by 114% to $142.1 million, up from $66.2 million in the prior-year period, driven primarily by g
SHANGHAI, Oct. 15, 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 will report its unaudited financial results for the first half of 2024 after the close of the market on Tuesday, October 15th at 4:15 pm New York Time. The Company will host a conference call to discuss its financial results and provide an update on recent business developments. Conference Call Details: Date: Tuesday, October 15thTime: 4:30 pm New York Time (4:30 am Wednesday, October 16th Beijing Time)Dial-in number: Please join the event
SHANGHAI, China, Oct. 9, 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 its Board of Directors has approved a share repurchase program under which the Company may purchase up to $15 million of its outstanding Class A common shares over the next 12 months. Repurchases under this program may be made from time to time in the open market at prevailing market prices, depending on market conditions and other factors. The repurchase program will be funded using cash on hand and profits generated from the Company's
Well capitalized and profitable, the Company has no plans to raise capital SHANGHAI, Oct. 9, 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, announced today that it expects to report record revenue for the first half of 2024 of approximately $192.5 million, representing a 52% increase compared to $126.9 million for the same period last year. The Company also expects to report earnings per share (EPS) for the first half of 2024 of approximately $2.61. The selected unaudited financial results for the first six months of 2024 are ba
SHANGHAI, Sept. 23, 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, announced today that it will release its financial results for the first half of 2024 on or before October 15, 2024. In conjunction with the earnings release, Nisun will host its inaugural investor conference call to discuss the results and future outlook. The call will take place shortly after the release of the H1 2024 earnings. This marks a key milestone in Nisun's efforts to enhance transparency and direct engagement with its investor community. The introduc
SHANGHAI, Sept. 3, 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 proud to announce a significant milestone in its gold trading business. Through its subsidiaries, Nisun International has achieved cumulative revenue exceeding RMB 1.75 billion (approximately USD 240 million) in the centralized procurement, retail, and wholesale of gold products since the business started in January 2023. This achievement underscores the Company's strategic expansion and growing presence in the gold supply chain trading sector. "We are thrille
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ZTO Yunpei Signs Purchase Agreement with Nisun International, Driving Significant Expansion in China's Egg MarketSHANGHAI, July 23, 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 a significant milestone in its partnership with Zhejiang ZTO Yunpei Food Co., Ltd. ("ZTO Yunpei"), the supply chain company under ZTO Express, a leading logistics company in China.ZTO Yunpei has signed a purchase agreement with Nisun International, marking a major step forward in the growth and expansion of both companies in China'
U.S. stocks traded higher toward the end of trading, with the Dow Jones index surging past the 40,000 mark on Friday. The Dow traded up 1.09% to 40,187.34 while the NASDAQ rose 1.30% to 18,521.69. The S&P 500 also rose, gaining, 1.12% to 5,647.26. Check This Out: This Spotify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday Leading and Lagging SectorsInformation technology shares jumped by 1.5% on Friday. In trading on Friday, communication services shares fell by 0.2%. Top Headline Citigroup Inc (NYSE:C) reported better-than-expected results for its second quarter. The bank posted a second-quarter fiscal 2024 revenue growth of 4% year-ov
Shares of ASP Isotopes Inc. (NASDAQ:ASPI) fell during Friday's session after the company announced pricing of a $30 million public offering of 12 million shares at $2.50 per share. ASP Isotopes shares fell 9.2% to $3.2308 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Vicinity Motor Corp. (NASDAQ:VEV) shares jumped 133.2% to $0.7910 after the company announced CARB certification for the VMC 1200 class 3 electric truck. Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares rose 110% to $0.4335. TOYO Co., Ltd (NASDAQ:TOYO) climbed 63.4% to $2.5322. Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) jumped 58% to $9.52 foll
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Friday. The Dow traded up 0.85% to 40,090.44 while the NASDAQ rose 1.01% to 18,467.26. The S&P 500 also rose, gaining, 0.86% to 5,632.79. Check This Out: This Spotify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday Leading and Lagging SectorsInformation technology shares jumped by 1.5% on Friday. In trading on Friday, communication services shares fell by 0.2%. Top Headline JPMorgan Chase & Co. (NYSE:JPM) reported better-than-expected second-quarter FY24 results. Reported revenue rose 22% Y/Y to $50.2 billion, beating the consensus of $42.3 b
NiSun Intl Enterprise Dev (NASDAQ:NISN) reported quarterly earnings of $4.46 per share. This is a 0.9 percent increase over earnings of $4.42 per share from the same period last year. The company reported $386.67 million in sales this quarter. This is a 65.12 percent increase over sales of $234.17 million the same period last year.
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
Company Reports 52% Revenue Growth, Initiates $15 Million Share Buyback Program SHANGHAI, Oct. 15, 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 its reviewed but unaudited financial results for the six months ended June 30, 2024. First Half 2024 Financial Highlights: Total revenue increased by 52% to $192.5 million, compared to $126.9 million for the first half of 2023.Supply chain trading business revenue increased by 114% to $142.1 million, up from $66.2 million in the prior-year period, driven primarily by g
SHANGHAI, Oct. 15, 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 will report its unaudited financial results for the first half of 2024 after the close of the market on Tuesday, October 15th at 4:15 pm New York Time. The Company will host a conference call to discuss its financial results and provide an update on recent business developments. Conference Call Details: Date: Tuesday, October 15thTime: 4:30 pm New York Time (4:30 am Wednesday, October 16th Beijing Time)Dial-in number: Please join the event
Well capitalized and profitable, the Company has no plans to raise capital SHANGHAI, Oct. 9, 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, announced today that it expects to report record revenue for the first half of 2024 of approximately $192.5 million, representing a 52% increase compared to $126.9 million for the same period last year. The Company also expects to report earnings per share (EPS) for the first half of 2024 of approximately $2.61. The selected unaudited financial results for the first six months of 2024 are ba
SHANGHAI, Sept. 23, 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, announced today that it will release its financial results for the first half of 2024 on or before October 15, 2024. In conjunction with the earnings release, Nisun will host its inaugural investor conference call to discuss the results and future outlook. The call will take place shortly after the release of the H1 2024 earnings. This marks a key milestone in Nisun's efforts to enhance transparency and direct engagement with its investor community. The introduc
SHANGHAI, July 12, 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 its financial results for the fiscal year ended December 31, 2023. Financial Highlights: Revenue: Total revenue for the year was $386.7 million, representing a 65% increase compared to $234.2 million in 2022.Gross Profit: Gross profit increased to $40.0 million from $37.0 million in the previous year.Net Income: Net income for 2023 was $17.7 million.Cash and Cash Equivalents: The Company ended the year with $114.5 million in cash and cash equivale
SHANGHAI, Aug. 8, 2023 /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 its financial results for the fiscal year ended December 31, 2022. Mr. Xiaoyun Huang, Chief Executive Officer of Nisun, commented, "We are pleased to end fiscal year 2022 with solid financial performance, despite the uncertain market conditions during this period. Our total revenue reached $234.2 million in fiscal year 2022, representing an increase of 46% from fiscal year 2021, demonstrating our strong capabilities to execute stra
SHANGHAI, Dec. 28, 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 its unaudited financial results for the six months ended June 30, 2022. Mr. Xiaoyun Huang, Chief Executive Officer of Nisun, commented, "We are pleased to deliver strong financial results for the six months ended June 30, 2022 with total revenue up 203% year-over-year, despite the challenging macroeconomic environment. To fight against the headwinds of uncertain economy, we focused on improving our operational efficiency and optim
Earnings Call Scheduled for 8:00 am U.S. Eastern Time on December 28, 2022 SHANGHAI, Dec. 21, 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 will release its unaudited financial results for the first half of 2022 before the U.S. market opens on Wednesday, December 28, 2022. The Company will host an earnings conference call to discuss its financial results at 8:00 am U.S. Eastern Time (9:00 pm Beijing Time) on December 28, 2022. To attend this earnings conference call, please use the info
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
SHANGHAI, Nov. 30, 2023 /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 the results of its 2023 Annual Meeting of Shareholders that was held on November 29, 2023 in Shanghai, China. At the meeting, the shareholders: Re-elected Jinbao Li and Jing Li to the Company's Board of Directors, andRatified the appointment of Yu Certified Public Accountant PC as the Company's independent registered public accountant for the fiscal year ending December 31, 2023.About Nisun International Enterprise
SHANGHAI, Nov. 30, 2022 /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 the results of its 2022 Annual Meeting of Shareholders that was held on November 29, 2022 in Shanghai, China. At the meeting, the shareholders: Re-elected Xiaoyun Huang, Sheng Tang, and Haiying Xiangto its Board of Directors, andRatified the appointment of Wei, Wei & Co., LLP as the Company's independent registered public accountant for the fiscal year ending December 31, 2022.About Nisun International Enterprise De
SHANGHAI, China, Nov. 19, 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 the results of its 2021 Annual Meeting of Shareholders that was held on November 19, 2021 in Shanghai, China. At the meeting, the shareholders: Re-elected Messrs. Christian DeAngelis and Xin Liu to its Board of DirectorsRatified the appointment of Wei, Wei & Co., LLP as the Registrant's independent registered public accountant for the fiscal year ending December 31, 2021About Nisun International Enterprise De