Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain Synergies
NiSun Intl Enterprise Development Group Co, Ltd - Class A Common Shares (NISN)
Company Research
Source: PR Newswire
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 partnerships with globally recognized food brands like KFC, provides extensive catering services across educational institutions, government agencies, and corporate settings. This acquisition not only represents a compelling opportunity for Nisun International to tap into the high-growth campus catering mar
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News
- Nisun International Expands Fully into the Rubber Supply Chain Industry by Signing Supply Chain Contracts with an Initial Order of Approximately $13.5 MillionPR Newswire
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback Program [Yahoo! Finance]Yahoo! Finance
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback ProgramPR Newswire
- Nisun International Enters Strategic Partnership with Beijing Tong Ren Tang to Source Traditional Chinese Medicine IngredientsPR Newswire
- Nisun International Enterprise Development Group First Half 2024 Earnings: EPS: US$2.61 (vs US$2.87 in 1H 2023) [Yahoo! Finance]Yahoo! Finance
NISN
Sec Filings
- 11/12/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/30/24 - Form 6-K
- NISN's page on the SEC website