NISN - Nisun International signs agricultural product procurement agreement

2023-03-30 08:46:54 ET

• Nisun International Enterprise Development Group ( NASDAQ: NISN ) announced that the Co.'s controlled affiliate, Fintech Supply Chain Management has entered into a wheat flour sales and purchase agreement with Shandong Binliang Industrial Development.
• The Agreement represents a significant initiative of the Co.'s supply chain business strategy to increase its presence and accelerate its business growth in the market of commodity wheat flour.
• With the increasing urbanization and changes in dietary preferences, Chinese consumers are seeking more diverse and higher-quality wheat flour products, which has led to a surge in demand for various types of flour.
• "The collaboration is expected to significantly bolster our business footprint and drive the exploration of new expansion in the wheat flour market." said Xiaoyun Huang, CEO of Nisun.

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