001202SZSE

2021 Annual Report

Jushen Co., Ltd.·

✨ AI Summary

The 2021 Annual Report of Guangdong Jushen Logistics Co., Ltd. provides a comprehensive overview of the company's financial performance and strategic direction. Key figures include a revenue of approximately RMB 746.78 million, a net profit of RMB 46.62 million, and a significant decrease in revenue compared to the previous year. The report emphasizes the company's focus on multi-modal transport and logistics services, alongside ongoing investments in infrastructure and technology to enhance operational efficiency and customer service.

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Important Notes, Directory, and Definitions

The Board of Directors, Supervisory Board, and all directors, supervisors, and senior management personnel of the company, except for those with dissenting statements, guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and bear individual and joint legal responsibility. The person in charge of the company, Lei Qi, the person in charge of accounting work, Kong Yang, and the head of the accounting institution (accounting supervisor) Kong Yang declare: they guarantee the truthfulness, accuracy, and completeness of the financial report in this annual report. All directors have attended the board meeting to review this report. Any forward-looking content in this annual report related to future plans, operational objectives, performance forecasts, etc., represents the preliminary forecasts of the company's management and does not constitute a substantive commitment to any investor. The realization depends on various factors such as macroeconomic conditions and market changes, which carry significant uncertainty. Investors and relevant parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. There are no significant risk matters during the reporting period. The company has detailed the relevant risks that may exist in this annual report; please refer to Section 3 "Management Discussion and Analysis" under "11. Outlook for the Company's Future Development."

The selected information disclosure media for the company are "China Securities Journal," "Securities Times," "Securities Daily," "Shanghai Securities Journal," and the Giant Tide Information Network (http://www.cninfo.com.cn). All information from the company is subject to the information published in the above media.

The profit distribution plan approved by the board of directors is: based on the total share capital of 128,800,000 shares as of December 31, 2021, a cash dividend of RMB 6.00 (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares (including tax), and no capital reserve will be converted into share capital.

Directory

  1. Important Notes, Directory, and Definitions ......................................................................................................................... - 2 -
  2. Company Profile and Key Financial Indicators ..................................................................................................................... - 7 -
  3. Management Discussion and Analysis ................................................................................................................................... - 11 -
  4. Corporate Governance ........................................................................................................................................................... - 42 -
  5. Environmental and Social Responsibility .......................................................................................................................... - 66 -
  6. Important Matters ................................................................................................................................................................ - 68 -
  7. Changes in Shares and Shareholder Information ................................................................................................................. - 162 -
  8. Preferred Shares Information ............................................................................................................................................... - 169 -
  9. Bond Information .................................................................................................................................................................. - 170 -
  10. Financial Report ................................................................................................................................................................... - 171 -

Definitions

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