Nisun International Announces Results of Annual Meeting of Shareholders

Rhea-AI Summary

Nisun International Enterprise Development Group Co. (Nasdaq: NISN) held its 2022 Annual Meeting of Shareholders on November 29, 2022, in Shanghai. During the meeting, shareholders re-elected board members Xiaoyun Huang, Sheng Tang, and Haiying Xiang, and ratified the appointment of Wei, Wei & Co., LLP as independent registered public accountants for the fiscal year ending December 31, 2022. Nisun focuses on technology-driven supply chain solutions, integrating finance and industry to support businesses in China and abroad.

Positive

• Re-elected Xiaoyun Huang, Sheng Tang, and Haiying Xiang to the Board of Directors, ensuring continuity in leadership.
• Ratified Wei, Wei & Co., LLP as independent accountants, providing stability in financial oversight.

Negative

• None.

SHANGHAI, Nov. 30, 2022 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and finance, today announced the results of its 2022 Annual Meeting of Shareholders that was held on November 29, 2022 in Shanghai, China.

At the meeting, the shareholders:

• Re-elected Xiaoyun Huang, Sheng Tang, and Haiying Xiangto its Board of Directors, and
• Ratified the appointment of Wei, Wei & Co., LLP as the Company's independent registered public accountant for the fiscal year ending December 31, 2022.

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, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. 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 may contain information about Nisun's view of its future expectations, plans and prospects that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. 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 statements 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

Ascent Investor Relations LLC
Tina Xiao
Email: tina.xiao@ascent-ir.com
Tel: +1 917 609 0333

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SOURCE Nisun International Enterprise Development Group Co., Ltd

FAQ

What were the results of Nisun's 2022 Annual Meeting of Shareholders?

Shareholders re-elected board members and ratified the appointment of Wei, Wei & Co., LLP as independent accountants.

When was Nisun's Annual Meeting of Shareholders held?

The meeting was held on November 29, 2022.

What is Nisun International focused on?

Nisun International focuses on technology-driven supply chain solutions and financial integration.

Who was re-elected to the Board of Directors at Nisun's Annual Meeting?

Xiaoyun Huang, Sheng Tang, and Haiying Xiang were re-elected.

What fiscal year does the appointment of Wei, Wei & Co., LLP cover?

It covers the fiscal year ending December 31, 2022.