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NISUN INTERNATIONAL ENTERPRISE DEVELOPMENT GROUP CO., LTD

(NISN)
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Nisun International Enterprise Development Group Co., Ltd. Announces Strategic Cooperation with Zhumadian Industry Investment Group to Establish New Supply Chain Joint Venture in Zhumadian City

11/08/2021 | 08:00am EST

Nisun International Enterprise Development Group Co., Ltd. announced that it has entered into a strategic cooperation with Zhumadian Industry Investment Group. Under this cooperation, the two parties will establish a new company Zhumadian City Industry Investment Nisun Supply Chain Co., Ltd. with RMB 500 million in registered capital. This newly established company will be serve as a link between the local government and enterprises to further growth of the local economy and small businesses. Through this joint venture, Nisun and Zhumadian Group will work together to migrate innovative and market-oriented core resources, such as theories, concepts, experiences, practices, technology, and talent, to Zhumadian City to accelerate its development.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 42,2 M - -
Net income 2020 -13,1 M - -
Net cash 2020 14,9 M - -
P/E ratio 2020 -25,9x
Yield 2020 -
Capitalization 65,9 M 65,9 M -
EV / Sales 2019 36,5x
EV / Sales 2020 7,25x
Nbr of Employees 736
Free-Float 41,4%
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Managers and Directors
Xiao Yun Huang Chairman & Chief Executive Officer
Changjuan Liang Chief Financial Officer
Xiao Liang Xue Chief Technology Officer
Hai Ying Xiang Independent Director
Xiaofeng Ma Independent Director