001202SZSE

Announcement of Board Resolutions for Half-Year Report

Jushen Co., Ltd.·

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Guangdong Jushen Logistics Co., Ltd. announced the resolutions from its 15th Board of Directors meeting held on August 28, 2023. The board approved the 2023 semi-annual report and a special report on the use of raised funds, both receiving unanimous support. Additionally, they decided to permanently supplement RMB 7.2114 million of surplus raised funds to working capital, increase capital by RMB 70 million for a subsidiary, and establish a joint venture in Singapore with a registered capital of USD 2 million.

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Securities Code: 001202 Securities Abbreviation: Jushen Co., Ltd. Announcement No.: 2023-049
Guangdong Jushen Logistics Co., Ltd.
Resolution Announcement of the 15th Meeting of the 3rd Board of Directors
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Meeting Information
The 15th meeting of the 3rd Board of Directors of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") was held on August 28, 2023, via communication. The notice of this meeting was sent in writing to all directors on August 17, 2023. A total of 7 directors were supposed to participate in the voting, and all 7 directors actually participated in the voting. The meeting was presided over by Chairman Lei Qi, and company supervisors and senior management attended the meeting. The convening of this meeting complies with the provisions of the Company Law of the People's Republic of China and other relevant laws and regulations as well as the Articles of Association of the Company.

II. Review of the Board Meeting
All attending directors carefully reviewed and reached the following resolutions:
(1) Review and approval of the proposal on the full text and summary of the Company's 2023 semi-annual report
After review, the board unanimously believes that the content of the Company's 2023 semi-annual report and summary complies with relevant laws, administrative regulations, and the provisions of the China Securities Regulatory Commission and the Shenzhen Stock Exchange. The report is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

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