Nisun International and Gansu Silu Huixiang Trading Hold Investment Cooperation Ceremony

SHANGHAI,Nov. 4,2021 --Nisun International Enterprise Development Group Co.,Ltd ("Nisun" or the "Company") (Nasdaq: NISN),a provider of innovative comprehensive solutions through an integration of technology,industry,and finance,today announced that it held an investment cooperation ceremony with Gansu Silu Huixiang Trading Co.,Ltd ("Gansu Silu"),a wholly-owned subsidiary of Jiuquan Jingtou Group. The ceremony formally commences the strategic partnership between the two parties.

During the ceremony,the two parties entered into an agreement to jointly establish a supply chain joint venture company in Jiuquan City,Shanxi Province,to provide specialized supply chain services to local enterprises. Working with supply chain professionals,Nisun will help to expand the industrial chain in Jiuquan City and provide resources to valued businesses,transforming them into economic and competitive advantages while driving the momentum of Jiuquan Jingtou Group. This cooperation will help Nisun further enhance its professional standing in the supply chain industry,improve its capacity to integrate domestic resources,and create a new source of revenue.

As a leading company in the supply chain industry,Nisun is committed to offering one-stop business integration services,providing effective support and solutions for Gansu Silu in supply chain,information flow,and comprehensive trading systems,while injecting energy into enterprises and facilitating efficient circulation of the entire industrial chain.

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 rich industry experience,Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries and controlled companies,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 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

ICR,LLC

Tel: +1 203 682 8233

Email: nisun@icrinc.com

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