Core Insights - Nisun International has entered the traditional Chinese medicine (TCM) supply chain through a strategic partnership with Beijing Tong Ren Tang Henan, focusing on sourcing Cornus officinalis, a key TCM ingredient [1][2] - The partnership aims to ensure authenticity and quality in TCM products, capitalizing on the growing demand for verified health products in the health sector [2][3] - Nisun has initiated a $15 million share repurchase program, reflecting the company's confidence in its long-term growth and commitment to enhancing shareholder value [2][3] Company Overview - Nisun International is a technology-driven integrated supply chain solutions provider, focusing on transforming the corporate finance industry and offering professional solutions for supply chain management and digital transformation [4] - The company aims to strengthen industry-finance linkages and assist with supply-side sub-sector reform, serving both upstream and downstream of the industrial supply chain [4]
Nisun International Enters Strategic Partnership with Beijing Tong Ren Tang to Source Traditional Chinese Medicine Ingredients