001202SZSE

Announcement on Signing the "Contract for the Project in the Qinzhu Port Area of the China (Guangxi) Free Trade Pilot Zone" and Company Investment Progress

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. has signed a contract with the management committee of the Qinzhu Port area for the construction of a logistics warehouse center. The total investment is 270 million yuan, with a construction period of 36 months. The project aims to provide comprehensive logistics services and is expected to handle an annual throughput of 6.5 million tons.

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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.
    Securities Code: 001202
    Securities Abbreviation: Jushen Co., Ltd.
    Announcement Number: 2022-002

Announcement on Signing the "Contract for the Project in the Qinzhu Port Area of the China (Guangxi) Free Trade Pilot Zone" and Company Investment Progress

1. Overview of External Investment

Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") approved the proposal for the investment and construction of the Jushen Bulk Commodity Logistics Warehouse Center Project at the 33rd meeting of the second board of directors and the first extraordinary general meeting of shareholders in 2022. The Company agreed to sign the "Contract for the Project in the Qinzhu Port Area of the China (Guangxi) Free Trade Pilot Zone" (hereinafter referred to as "the Project Contract") with the management committee of the Qinzhu Port area. According to the Project Contract, the wholly-owned subsidiary Guangxi Qinzhu Bonded Port Area Jushen International Logistics Co., Ltd. will serve as the project company to invest in and construct the Jushen Bulk Commodity Logistics Warehouse Center in the Qinzhu Port area. For details, please refer to the announcement published on December 22, 2021, in the "China Securities Journal," "Securities Times," "Securities Daily," "Shanghai Securities Journal," and on the Giant Tide Information Network (http://www.cninfo.com.cn) regarding the investment in the Jushen Bulk Commodity Logistics Warehouse Center Project.

2. Progress of External Investment

Recently, the Company signed the Project Contract with the management committee of the Qinzhu Port area.

3. Basic Information of the Counterparty

Company Name: Management Committee of the Qinzhu Port Area of the China (Guangxi) Free Trade Pilot Zone
Unified Social Credit Code: 11450700MB1B2838XK
Institution Type: Government Agency
Registered Address: No. 1 Zhongma Avenue, Zhongma Qinzhu Industrial Park, Qinzhu City, Guangxi
Person in Charge: Yang Bin

4. Main Content of the External Investment Contract

Party A: Management Committee of the Qinzhu Port Area of the China (Guangxi) Free Trade Pilot Zone
Party B: Guangdong Jushen Logistics Co., Ltd.

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