Strategic acquisition enhances supply chain trading capabilities and market presence
SHANGHAI, June 9, 2025 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (NASDAQ:NISN), a technology-driven financing solutions provider and a technology and industry-driven integrated supply chain services provider, today announced a major expansion into the edible oil trading sector through its newly acquired subsidiary Zhetai (Tianjin) Trading Co., Ltd. ("Zhetai Tianjin"), a leading edible oil trading company in Northern China.
Zhetai Tianjin, specializes in the centralized procurement, storage, refining, logistics, and distribution of edible oils, including soybean oil, rapeseed oil, and palm oil. The company expects to generate RMB 3 billion (approximately USD 415 million) in revenue from its edible oil business in 2025, leveraging its robust market position and operational strengths.
Headquartered in the Tianjin Binhai Free Trade Zone, Zhetai Tianjin is recognized as a national-scale enterprise and a leader in Northern China's edible oil sector. It operates several established brands, including "Jiran," "Boxin," "Bohai Bian," and "Jixin," which are distributed across 11 provinces in China. Strategic partnerships with industry leaders such as COFCO, Sinograin, Beijing Grain Group, Louis Dreyfus, and Cargill ensure product quality and supply chain stability.