Nisun will apply its digital technologies to the agricultural supply chain, using the Internet, Internet of Things, and other technologies

Nisun International Enterprise Development Group, a provider of innovative comprehensive solutions has signed a supply chain cooperative agreement with Haikou Jinlvguo Fruit Production & Marketing Cooperative. Under this agreement, the two parties will cooperate in the field of the agriculture supply chain.

According to the agreement, utilising its supply chain management capabilities, Nisun will help connect Haikou Jinlvguo at the upstream of the supply chain with reliable sales channels to increase Jinlvguo’s sales volume and market shares. Through this cooperation, Nisun will apply its digital technologies to the agricultural supply chain, using the Internet, Internet of Things, and other technologies to incorporate modern logistics and financial technology into the supply chain. As such, Nisun will serve as a bridge between core enterprises and the market, helping to establish a comprehensive platform in the agricultural supply chain for sharing upstream and downstream information on product market supply and demand, transactions, prices and other information.

“The integration of digital technology and the agricultural industry will reshape the business model of the agricultural supply chain,” commented Xiaoyun Huang, Chairman and CEO, Nisun International. “Nisun will explore the logistics, capital flow and information flow in the supply chain, using the relationship between the core enterprise and the principal supply chain to improve the credit capacity of other members, prevent misinformation, and improve the industrial chain, helping those in low credit groups obtain loans. This change will also promote further cooperation in the supply chain management and resource sharing among Nisun and core enterprises in the upstream and downstream of supply chains.”