Company Overview
Guangdong Jushen Logistics Company Limited (Office Room 211, 213, 2nd Floor, Jin Tai Road, Danzao Logistics Center, Nanhai District, Foshan City) intends to issue shares for the first time.
Issuance Overview
- Type of Shares: Domestic Renminbi ordinary shares (A-shares)
- Number of Shares Issued: The public offering will not be less than 25% of the total share capital after issuance, and will not exceed 32.242 million shares. The shares will be newly issued and will not involve the transfer of existing shares.
- Par Value per Share: 1.00 RMB
- Expected Issue Price: [To be determined]
- Expected Issuance Date: April 19, 2021
- Proposed Stock Exchange for Listing: Shenzhen Stock Exchange
- Total Share Capital After Issuance: Not exceeding 128.8 million shares
Lock-up Commitments
(1) Commitment by Controlling Shareholder and Actual Controller Lei Qi
- Within 36 months from the date of listing, I will not transfer or entrust others to manage the shares I directly or indirectly hold prior to the public offering, nor will the company repurchase these shares.
- If I reduce my holdings within two years after the lock-up period, the reduction price will not be lower than the issue price at the time of the public offering.
- If the closing price of the company's shares is below the issue price for 20 consecutive trading days within six months after listing, the lock-up period will be automatically extended by six months.
- After the lock-up period, I will not transfer more than 25% of my total shares held each year while serving as a director, supervisor, or senior management. I will not transfer shares within six months after leaving the company.
- I will faithfully fulfill the above commitments and bear corresponding legal responsibilities for any losses incurred by the company or other shareholders due to non-fulfillment.
(2) Commitment by Shareholder Lei Gaochao
- Same commitments as above.
(3) Commitments by Shareholders Foshan Xinlong (Limited Partnership) and Foshan Shengmao (Limited Partnership)
- The enterprise will not transfer or entrust others to manage shares received from the controlling shareholder for 36 months from the date of listing.
- The enterprise will strictly comply with laws and regulations regarding shareholder holdings and share changes.
(4) Commitment by Shareholder Ningbo Haiyi (Limited Partnership)
- The enterprise will not transfer or entrust others to manage 2,660,000 shares obtained before the public offering for 12 months from the date of listing.
- The enterprise will not transfer or entrust others to manage 3,000,000 shares received from the controlling shareholder for 36 months from the date of listing.
(5) Commitment by Shareholder Ningbo Baorun (Limited Partnership)
- The enterprise will not transfer or entrust others to manage shares held before the public offering for 12 months from the date of listing.
(6) Commitments by Other Indirect Shareholders
- Indirect shareholders will not transfer or entrust others to manage shares for 36 months from the date of listing.
(7) Commitments by Supervisors
- Supervisors will not transfer or entrust others to manage shares for 36 months from the date of listing.
Sponsor and Lead Underwriter
Minsheng Securities Co., Ltd.
Date of Signing the Prospectus: April 8, 2021
Declaration by the Issuer
The issuer and all directors, supervisors, and senior management commit that the prospectus and its summary do not contain false records, misleading statements, or major omissions, and bear individual and joint legal responsibility for their authenticity, accuracy, and completeness.
Major Matters Reminder
Investors are reminded to carefully read the "Risk Factors" section of this prospectus before making investment decisions and pay special attention to the following major matters.