Chapter 1 General Principles
Article 1
To standardize the management and use of funds raised by Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company"), improve the efficiency of fund usage, and protect the legitimate rights and interests of investors, this system is formulated in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Shenzhen Stock Exchange Listing Rules (hereinafter referred to as "the Listing Rules"), and other relevant laws and regulations, as well as the Articles of Association of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Articles of Association").
Article 2
The term "raised funds" in this system refers to the funds raised by the Company through the issuance of stocks and their derivatives for specific purposes. The term "excess funds" refers to the portion of the actual net amount raised that exceeds the planned amount.
Article 3
The Company shall prudently use the raised funds, ensuring that their use aligns with the commitments made in the issuance application documents and shall not arbitrarily change the direction of the raised funds. The Company must disclose the actual usage of the raised funds truthfully, accurately, and completely. In the event of serious circumstances affecting the normal progress of the investment plan, timely announcements must be made.
Article 4
The Company's board of directors shall fully demonstrate the feasibility of investment projects using raised funds, ensuring that the projects have good market prospects and profitability, effectively preventing investment risks and improving the efficiency of fund usage. The Company's directors, supervisors, and senior management personnel shall diligently supervise the standardized use of raised funds, consciously maintain the safety of the raised funds, and shall not participate in, assist, or condone any unauthorized or disguised changes in the use of raised funds. If the investment projects using raised funds are implemented through the Company's subsidiaries or other controlled enterprises, the Company shall take appropriate measures to ensure compliance with this system.
Article 5
The Company shall disclose the usage of raised funds in a timely manner in accordance with the provisions of the Company Law, Securities Law, and other relevant laws and regulations.
Article 6
If the raised funds are used in violation of national laws and regulations and the Articles of Association, resulting in losses to the Company, the responsible personnel shall bear civil liability.