STOCK TITAN

Nisun International Announces Major Growth Milestone with ZTO Yunpei Partnership

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Nisun International (NISN) has announced a significant partnership milestone with ZTO Yunpei, a subsidiary of ZTO Express. The companies have signed a purchase agreement for egg supply, resulting in sales exceeding 500 million RMB (approximately 68.7 million USD) to date. Nisun International, capable of supplying over 20 million eggs daily, has accumulated egg sales of over 5 billion RMB (approximately 687.9 million USD).

This strategic partnership leverages ZTO Yunpei's extensive network and logistics capabilities to expand Nisun's reach in China's thriving egg market. The market is projected to reach 10.32 billion kg by 2029, with an expected revenue of US$22.50 billion in 2024. This collaboration is poised to drive significant growth for both companies, capitalizing on the increasing demand for eggs in China.

Nisun International (NISN) ha annunciato un'importante pietra miliare nella partnership con ZTO Yunpei, una filiale di ZTO Express. Le aziende hanno firmato un contratto di acquisto per la fornitura di uova, con vendite che superano 500 milioni di RMB (circa 68,7 milioni di USD) fino ad oggi. Nisun International, in grado di fornire oltre 20 milioni di uova al giorno, ha accumulato vendite di uova superiori a 5 miliardi di RMB (circa 687,9 milioni di USD).

Questa partnership strategica sfrutta la rete estesa e le capacità logistiche di ZTO Yunpei per espandere la portata di Nisun nel fiorente mercato delle uova in Cina. Si prevede che il mercato raggiunga 10,32 miliardi di kg entro il 2029, con un fatturato previsto di 22,50 miliardi di USD nel 2024. Questa collaborazione è destinata a guidare una crescita significativa per entrambe le aziende, capitalizzando sulla crescente domanda di uova in Cina.

Nisun International (NISN) ha anunciado un importante hito en la asociación con ZTO Yunpei, una subsidiaria de ZTO Express. Las empresas han firmado un contrato de compra para el suministro de huevos, lo que ha resultado en ventas que superan 500 millones de RMB (aproximadamente 68,7 millones de USD) hasta la fecha. Nisun International, capaz de suministrar más de 20 millones de huevos diarios, ha acumulado ventas de huevos por encima de 5 mil millones de RMB (aproximadamente 687,9 millones de USD).

Esta asociación estratégica aprovecha la extensa red y las capacidades logísticas de ZTO Yunpei para expandir el alcance de Nisun en el próspero mercado de huevos de China. Se proyecta que el mercado alcanzará 10,32 mil millones de kg para 2029, con ingresos esperados de 22,50 mil millones de USD en 2024. Esta colaboración está destinada a impulsar un crecimiento significativo para ambas empresas, capitalizando la creciente demanda de huevos en China.

니순 인터내셔널(NISN)은 ZTO 익스프레스의 자회사인 ZTO 윤페이와 중요한 파트너십 이정표를 발표했습니다. 두 회사는 달걀 공급을 위한 구매 계약을 체결했으며, 현재까지 판매액이 5억 RMB (약 6천 870만 USD)를 초과했습니다. 니순 인터내셔널은 하루에 2천만 개 이상의 달걀을 공급할 수 있으며, 달걀 판매액은 50억 RMB (약 6억 8790만 USD)를 넘었습니다.

이 전략적 파트너십은 ZTO 윤페이의 광범위한 네트워크와 물류 능력을 활용하여 니순의 중국 내 달걀 시장의 범위를 확장합니다. 이 시장은 2029년까지 103억 2천만 kg에 도달할 것으로 예상되며, 2024년에는 225억 달러의 수익이 예상됩니다. 이 협력은 중국에서의 증가하는 달걀 수요를 활용하여 두 회사 모두에게 중요한 성장을 이끌 것으로 기대됩니다.

Nisun International (NISN) a annoncé une étape importante dans son partenariat avec ZTO Yunpei, une filiale de ZTO Express. Les entreprises ont signé un accord d'achat pour la fourniture d'œufs, ce qui a entraîné des ventes dépassant 500 millions de RMB (environ 68,7 millions de USD) à ce jour. Nisun International, capable de fournir plus de 20 millions d'œufs par jour, a accumulé des ventes d'œufs de plus de 5 milliards de RMB (environ 687,9 millions de USD).

Ce partenariat stratégique exploite le vaste réseau et les capacités logistiques de ZTO Yunpei pour étendre la portée de Nisun sur le marché florissant des œufs en Chine. Le marché devrait atteindre 10,32 milliards de kg d'ici 2029, avec un revenu attendu de 22,50 milliards USD en 2024. Cette collaboration est prête à stimuler une croissance significative pour les deux entreprises, en capitalisant sur la demande croissante d'œufs en Chine.

Nisun International (NISN) hat einen bedeutenden Partnerschaftsmilestone mit ZTO Yunpei, einer Tochtergesellschaft von ZTO Express, bekannt gegeben. Die Unternehmen haben eine Kaufvereinbarung für die Eierlieferung unterzeichnet, die zu Verkäufen von über 500 Millionen RMB (ca. 68,7 Millionen USD) bis heute geführt hat. Nisun International, das in der Lage ist, über 20 Millionen Eier täglich zu liefern, hat Eierverkäufe von über 5 Milliarden RMB (ca. 687,9 Millionen USD) akkumuliert.

Diese strategische Partnerschaft nutzt das umfangreiche Netzwerk und die Logistikfähigkeiten von ZTO Yunpei, um Nisuns Reichweite im florierenden Eiermarkt Chinas zu erweitern. Der Markt soll bis 2029 10,32 Milliarden kg erreichen, mit einem erwarteten Umsatz von 22,50 Milliarden USD im Jahr 2024. Diese Zusammenarbeit soll ein erhebliches Wachstum für beide Unternehmen vorantreiben und von der steigenden Nachfrage nach Eiern in China profitieren.

Positive
  • Partnership with ZTO Yunpei resulted in sales exceeding 500 million RMB (68.7 million USD)
  • Nisun International's daily egg supply capacity exceeds 20 million
  • Accumulated egg sales have reached over 5 billion RMB (687.9 million USD)
  • Strategic partnership leverages ZTO Yunpei's extensive network and logistics capabilities
  • China's egg market expected to reach 10.32 billion kg by 2029, with 8.8% volume growth in 2025
  • Projected revenue of US$22.50 billion for the egg market in China in 2024
Negative
  • None.

Insights

Nisun International's partnership with ZTO Yunpei represents a substantial growth opportunity. The purchase agreement, resulting in sales over 500 million RMB (68.7 million USD) to date, is a clear indicator of significant revenue generation. This partnership leverages ZTO Yunpei's logistics network, which should enhance Nisun's distribution efficiency and market penetration. Investors should note the company's capability to supply over 20 million eggs daily and its accumulated sales reaching 5 billion RMB (687.9 million USD). This positions Nisun International strongly in the Chinese egg market, which is projected to reach 22.50 billion USD in revenue in 2024.

Short-term, the agreement can be expected to increase Nisun’s quarterly revenues and possibly improve its stock liquidity. Long-term, the expanding market and Nisun's strong positioning could result in sustained revenue growth and shareholder value appreciation.

The strategic partnership with ZTO Yunpei is a smart move for Nisun International. China's egg market is poised for significant growth, with projections indicating a volume growth of 8.8% in 2025 and total market revenue reaching 22.50 billion USD in 2024. Nisun International's strong production capability and extensive sales history place it in an advantageous position to capitalize on this growth. ZTO Yunpei's robust logistics network will further enhance Nisun's ability to meet increasing demand.

For investors, this partnership signifies a potential uplift in Nisun's market share and profitability. The collaboration not only solidifies Nisun's market presence but also underscores the company’s strategic foresight in leveraging logistics synergies for market expansion.

The deal with ZTO Yunpei highlights a critical aspect often overlooked: supply chain efficiency. By partnering with ZTO Yunpei, Nisun International can streamline its distribution process and reduce logistical bottlenecks. ZTO Yunpei's comprehensive network ensures timely delivery, which is important in the perishable goods market like eggs. This efficiency will likely lead to reduced operational costs and enhanced customer satisfaction, important for maintaining competitive advantage in a growing market.

From a supply chain perspective, this partnership is likely to enhance inventory turnover rates and reduce lead times, resulting in better financial performance for Nisun International. It's a strategic move that optimizes both companies' strengths to capture a larger market share more effectively.

ZTO Yunpei Signs Purchase Agreement with Nisun International, Driving Significant Expansion in China's Egg Market

SHANGHAI, July 23, 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 a significant milestone in its partnership with Zhejiang ZTO Yunpei Food Co., Ltd. ("ZTO Yunpei"), the supply chain company under ZTO Express, a leading logistics company in China.

ZTO Yunpei has signed a purchase agreement with Nisun International, marking a major step forward in the growth and expansion of both companies in China's thriving egg market. Under the agreement, Nisun International has supplied eggs to ZTO Yunpei for distribution to its customers, resulting in sales exceeding 500 million RMB (approximately 68.7 million USD) to date.

Nisun International is a key player in China's egg market, with the capability to supply over 20 million eggs daily. The company's accumulated sales from eggs have reached over 5 billion RMB (approximately 687.9 million USD), demonstrating its strong position in this rapidly growing market.

According to recent market data, China's egg market is expected to reach 10.32 billion kg by 2029, with a volume growth of 8.8% in 2025. In 2024, the market is projected to generate US$22.50 billion in revenue, with China accounting for the majority of global revenue in this sector.

The partnership with ZTO Yunpei is a strategic move for Nisun International, leveraging ZTO Yunpei's extensive network and logistics capabilities to expand its reach in the egg market. This collaboration is expected to drive significant growth for both companies, capitalizing on the increasing demand for eggs in China.

"We are thrilled to partner with ZTO Yunpei, the supply chain company under ZTO Express, a leading logistics company in China," said Mr. Xin Liu, CEO of Nisun International. "This agreement marks a major milestone in our growth strategy, and we are confident that this partnership will drive significant expansion in the egg market. We look forward to working closely with ZTO Yunpei to deliver high-quality eggs to customers across China."

ZTO Yunpei is a leading express delivery company in China, providing a wide range of express delivery and logistics services. The company's extensive network and logistics capabilities make it an ideal partner for Nisun International, enabling the company to expand its reach and capitalize on the growing demand for eggs in China.

About Nisun International Enterprise Development Group Co., Ltd

Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com/

Cautionary Note Regarding Forward-Looking Statements

This press release contains information about Nisun's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Nisun encourages you to review other factors that may affect its future results in Nisun's registration statement and in its other filings with the Securities and Exchange Commission. Nisun assumes no obligation to update or revise its forward-looking statements as a result of new information, future events or otherwise, except as expressly required by applicable law.

Contacts

Nisun International Enterprise Development Group Co., Ltd

Investor Relations
Tel: +86 (21) 2357-0055
Email: ir@cnisun.com 

Horizon Research Management Consultancy
Michael Wei
Email: hwey@horizonconsultancy.co 

Cision View original content:https://www.prnewswire.com/news-releases/nisun-international-announces-major-growth-milestone-with-zto-yunpei-partnership-302203836.html

SOURCE Nisun International Enterprise Development Group Co., Ltd

FAQ

What is the value of Nisun International's (NISN) recent egg sales to ZTO Yunpei?

Nisun International's recent egg sales to ZTO Yunpei have exceeded 500 million RMB (approximately 68.7 million USD) to date.

How many eggs can Nisun International (NISN) supply daily?

Nisun International has the capability to supply over 20 million eggs daily.

What is the projected size of China's egg market by 2029?

China's egg market is expected to reach 10.32 billion kg by 2029.

What is the expected revenue for China's egg market in 2024?

The egg market in China is projected to generate US$22.50 billion in revenue in 2024.

What is the total value of Nisun International's (NISN) accumulated egg sales?

Nisun International's accumulated sales from eggs have reached over 5 billion RMB (approximately 687.9 million USD).

NiSun International Enterprise Development Group Co., Ltd.

NASDAQ:NISN

NISN Rankings

NISN Latest News

NISN Stock Data

29.03M
3.57M
23.25%
1.89%
2.65%
Specialty Business Services
Industrials
Link
United States of America
Shanghai