Announcement on Shareholding Reduction Exceeding 1% by Shareholders Holding Over 5%
Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") received a notification on March 24, 2023, from its shareholder, Shanghai Jushen Asset Management Co., Ltd. - Ningbo Baorun Venture Capital Partnership (hereinafter referred to as "Ningbo Baorun"), regarding a share reduction exceeding 1%.
From August 11, 2022, to March 23, 2023, Ningbo Baorun reduced its holdings by a total of 2,738,351 shares through centralized bidding and block trading, accounting for 2.13% of the Company's total share capital. The specific reduction details are as follows: