Minsheng Securities Co., Ltd

About Guangdong Jushen Logistics Co., Ltd

Non-operating capital occupation in 2021 and

Verification opinions on other related fund transactions

Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng Securities", the "Sponsor"), as the sponsor of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "Jushen Shares", "Company", "Listed Company") initial public offering and listing on the Shenzhen Stock Exchange and continuous supervision, in accordance with the "Administrative Measures for the Sponsorship Business of Securities Issuance and Listing", "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 1 - Standardized Operation of Listed Companies on the Main Board" and Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 13 - Sponsorship Business" and other relevant regulations, the non-operating capital occupation and other related fund transactions of Jushen Co., Ltd. in 2021 were carefully verified, and the following verification opinions were issued:

1. Verification of the company's non-operating capital occupation and other related fund transactions in 2021

(1) Verification of the situation

The summary of non-operating capital occupation and other related fund transactions of Jushen shares in 2021 is detailed in the table below:

Unit: 10,000 yuan