Nisun International Enterprise Development (NISN) has a strategic cooperation agreement with Henan Yingda Feng Agricultural Development for the annual supply of 200,000 tons of corn products valued at 600 million renminbi ($82 million).
"Our entry into the corn supply chain builds on our proven expertise in integrated supply chain services, highlighting our ability to support key agricultural regions" such as China's Henan Province, Nisun International CEO Xin Liu said Monday in a statement.
Shares of Shanghai-based Nisun rose 0.4% in recent trading Monday, paring earlier gains.
Price: 8.40, Change: +0.03, Percent Change: +0.36
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