Nisun International (NISN) has signed a strategic cooperation agreement with Beijing Tong Ren Tang, marking its entrance into the traditional Chinese medicine, or TCM, supply chain. The partnership focuses on sourcing Cornus officinalis, or Chinese dogwood, an ingredient in TCM. Nisun plans to broaden its sourcing efforts to include other essential TCM ingredients. Nisun has also initiated share repurchases under its recently announced $15M buyback program.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NISN:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue