001202SZSE

Announcement on the Replacement of Self-raised Funds with Raised Funds for Investment Projects

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. announced the approval to replace self-raised funds of RMB 37.11 million with raised funds for investment projects. The decision was made during board and supervisory meetings held on May 28, 2021. The total raised funds amounted to RMB 48.65 million, with a net amount of RMB 43.31 million after deducting issuance costs. This replacement is in compliance with relevant regulations and does not affect the normal operation of investment projects.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement No.: 2021-016

Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") held the 25th meeting of the second board of directors and the 14th meeting of the second supervisory board on May 28, 2021, to review and approve the proposal on using raised funds to replace self-raised funds that were previously invested in the fundraising projects. The Company agreed to use raised funds to replace self-raised funds of RMB 37.11 million that were invested in fundraising projects and paid issuance costs as of May 25, 2021. The specific matters are announced as follows:

1. Basic Situation of Raised Funds

According to the approval from the China Securities Regulatory Commission on the initial public offering of Guangdong Jushen Logistics Co., Ltd. (Zheng Jian Xu Ke [2021] No. 1117) and with the consent of the Shenzhen Stock Exchange, the Company publicly issued 32.242 million ordinary shares (A shares) at an issuance price of RMB 15.09 per share. The total amount raised was RMB 48.65 million, with issuance costs of RMB 5.35 million, resulting in a net amount of RMB 43.31 million. The raised funds have been verified by Tianjian Certified Public Accountants (Special General Partnership), which issued Verification Report No. Tianjian Yan Zi [2021] 7-33 on April 23, 2021. The Company has implemented a special account storage system for the management of raised funds and signed a tripartite supervision agreement with the designated bank and sponsor.

2. Investment Projects of Raised Funds

According to the prospectus for the initial public offering of Guangdong Jushen Logistics Co., Ltd., the investment projects and the planned use of raised funds are as follows:

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