Nisun International Enterprise Development Group Co. Ltd. (China)

The Company provides technology-driven integrated supply chain financing solutions to small-and mid-size enterprises in the People s Republic of China. The Company also specialize in designing and implementing solutions for industries with a high need for sanitary fluid systems. Currently, the Company have customers for its services in the industries of pharmaceuticals, dairy products, water purification, beverage production, cosmetics and chemical industry.
HISTORY
The Company, Nisun International Enterprise Development Group Co., Ltd formerly known as Hebron Technology Co., Ltd, is an investment holding company established under the laws of the British Virgin Islands on May 29, 2012.
On November 16, 2020, the Company changed its name from “Hebron Technology Co., Ltd” to “Nisun International Enterprise Development Group Co., Ltd”. It s common shares (or Class A common shares since March 19, 2018) have been listed and traded on the Nasdaq Capital Market since December 27, 2016 under the symbol “HEBT” until November 15, 2020 and under the symbol “NISN” since November 16, 2020.
October 22, 2012, The Company acquired 100 ownership interest of HK Xibolun. As a result, HK Xibolun became a wholly owned subsidiary of Hebron Technology.
July 29, 2013, Mr. Anyuan Sun transferred his 70 ownership interest in Xibolun Equipment to Xibolun Automation.
March 10, 2018, the Company entered into a share acquisition agreement with the sole shareholder of Xuzhou Weijia Bio-Tech Co., Ltd. and Weijia Bio-Tech to acquire 49 of the equity in Weijia Bio-Tech.
April 16, 2019, the Company entered into a securities purchase agreement with Wise Metro Development Co., Ltd., Zuoqiao Sun Zhang and NiSun International Enterprise Management Group Co., Ltd. pursuant to which NiSun Cayman would acquire 7,778,400 Class B Common Shares from the sellers.
July 12, 2019, the Company acquired all of the equity of NiSun International Enterprise Management Group (British Virgin Islands) Co., Ltd. (“NiSun BVI”) for a consideration of 7 million.
PRODUCTS
The Company provides its installation services and valve and pipe fitting products in the following areas:Pharmaceuticals, Biology, Food, Beverage
The Company s sales network has presence in Shanghai, Wenzhou and Taiwan.
Business Overview
The Company conduct it business operations primarily in two industry segments, equipment and engineering segment and financial services segment in China. Xibolun Subsidiary Group operates it equipment and engineering segment business and NiSun Subsidiary Group provides financial advisory services for our financial services segment.