Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") guarantees 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: 2022-033
Announcement on the Election of the Board of Directors
The term of the second board of directors of Guangdong Jushen Logistics Co., Ltd. is about to expire. According to the Company Law, the Shenzhen Stock Exchange Listing Rules, the Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operations of Main Board Listed Companies, and the Company’s Articles of Association, the Company held the 36th meeting of the second board of directors on June 1, 2022, to review and approve the proposals for the election of non-independent and independent directors. The details are as follows:
1. Election of the Board of Directors
According to the relevant provisions of the Company Law and the Articles of Association, the board of directors consists of 7 directors, including 4 non-independent directors and 3 independent directors, one of whom is a professional accountant. After deliberation at the 36th meeting of the second board of directors, the board nominated Mr. Lei Qi, Mr. Li Junbin, Mr. Zeng Yongfa, and Mr. Chen Sheng as candidates for non-independent directors of the third board of directors; and nominated Ms. Li Ping, Mr. Kuang Tongchun, and Mr. Yang Zhongshuo as candidates for independent directors of the third board of directors. Detailed resumes of the above candidates are attached. The independent director candidates have obtained independent director qualification certificates, with Ms. Li Ping being a professional accountant. The qualifications of the above independent director candidates are subject to filing and review by the Shenzhen Stock Exchange before being submitted for shareholder meeting approval. The nomination committee of the second board of directors has verified the qualifications of the above director candidates and confirmed that they meet the qualifications to serve as directors of a listed company, with no violations of the Company Law, the Shenzhen Stock Exchange Listing Rules, the Self-Regulatory Guidelines for Listed Companies No. 1, or the Articles of Association. They are not listed as dishonest persons. The independent directors have also expressed their clear agreement. After the election of the above director candidates, the number of directors who also serve as senior management personnel will not exceed half of the total number of directors, and the number of independent directors will not be less than one-third of the total number of board members, in compliance with the relevant provisions of the Company Law and the Articles of Association.
2. Other Explanations
According to the Company Law and the Articles of Association, the above-mentioned director election matters will be submitted to the shareholders' meeting for deliberation, and cumulative voting will be used to separately elect non-independent and independent directors. The term of the third board of directors will be three years from the date of approval by the shareholders' meeting, with the possibility of re-election. To ensure the normal operation of the board of directors, the original directors will continue to perform their duties in accordance with laws, regulations, normative documents, and the Articles of Association until the new board is in place. The Company expresses its heartfelt gratitude to all directors of the second board for their contributions during their tenure!
This announcement is made by the Board of Directors of Guangdong Jushen Logistics Co., Ltd. on June 2, 2022.