- The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
- Stock Code: 001202
- Stock Abbreviation: Jushen Co., Ltd.
- Announcement Number: 2023-067
Transaction Overview
Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") recently participated in a public online judicial auction conducted by the Shanghai Financial Court and successfully acquired the real estate located at No. 519 Xichou Road, Pengdu Village, Minhang District, Shanghai (1st Block 15 Hill, Maqiao Town) and the land use rights for the same area at a starting price of 122.5 million yuan (hereinafter referred to as "the Target Assets"). According to the provisions of the Company’s Articles of Association, this transaction falls within the approval authority of the general manager and does not require submission to the board of directors or the shareholders' meeting for deliberation. This auction does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."