11:46 AM EST, 11/05/2024 (MT Newswires) -- NiSun International Enterprise Development Group ( NISN ) said Tuesday it has signed strategic partnership agreements with three firms, marking its entry into the rubber supply chain market with initial orders totaling about $13.5 million.

The company said it will deliver 6,484.8 tons of rubber products as part of the deal with Shandong Hi-Speed Qingdao West Coast Port, Shanneng (Qingdao) Smart Industrial Technology, and Ningbo Weiduoduo New Material Technology.

Shares of NiSun International jumped more than 15% in recent trading.

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