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Jushen Co., Ltd.: Plans to invest no more than 100 million yuan to build a comprehensive logistics and warehousing project
Jushen Co., Ltd. Announcement: The company plans to invest no more than 100 million RMB through its subsidiary Guangzhou Huangpu Jushen Supply Chain Co., Ltd. to build a comprehensive logistics warehouse project in Huangpu District, Guangzhou. The project is mainly planned for international freight forwarding, import and export customs declaration, bonded warehousing, futures delivery, and multimodal transport, providing customers with safe, efficient, and convenient integrated logistics and warehousing services. This external investment matter falls within the scope of the general manager’s decision and does not need to be submitted to the company’s board of directors or shareholders’ meeting for approval. This transaction does not constitute an associated transaction, nor does it constitute a major asset restructuring as stipulated by the Administrative Measures for Major Asset Restructuring of Listed Companies.