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Nisun International Partners with Gold of China to Expand Gold Business, Targeting $30-$50 Million in Sales Growth from Venture in 2025
NISNNisun(NISN) Prnewswire·2025-02-19 14:15

Core Viewpoint - Nisun International has formed a strategic partnership with Gold of China to expand its gold business segment, aiming for projected sales of 30to30 to 50 million in 2025, capitalizing on rising gold prices and market demand [1][4]. Industry Overview - Gold has become a premier safe-haven asset, with prices reaching record highs in 2025, increasing nearly 11% year-to-date after a 27% rise in 2024, attracting global investor interest [2]. - The partnership aims to leverage the booming gold market, combining Nisun International's supply chain management with Gold of China's expertise in gold jewelry [3]. Company Strategy - The collaboration will create a comprehensive gold service platform, enhancing Nisun International's competitive edge and delivering high-quality products and services [3]. - Key initiatives include optimizing procurement processes for reliable gold sourcing, introducing innovative marketing strategies for retail, and expanding wholesale operations [7]. Management Insights - The CEO of Nisun International highlighted the transformative opportunity presented by the gold market's growth, emphasizing the potential for significant sales increases and value creation for stakeholders [4]. Market Reception and Future Plans - The strategic move into the gold industry has received positive market recognition, with plans to deepen collaboration with Gold of China and explore new opportunities for innovation [5].