001202SZSE

Announcement on Proposed Participation in Land Use Rights Auction

Jushen Co., Ltd.·

✨ AI Summary

The company plans to participate in a judicial auction for land use rights in Guangxi to meet its land needs. The starting bid is RMB 11,776,500, with a deposit of RMB 2,355,300. The board approved the proposal, allowing the wholly-owned subsidiary to bid using its own or raised funds. This auction does not constitute a related party transaction or a significant asset restructuring.

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Full Translation

AI Translation· azure_openai
  1. 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.
    • Stock Code: 001202
    • Stock Abbreviation: Jushen Co., Ltd.
    • Announcement Number: 2021-044

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