001202SZSE

Announcement on the Progress of Asset Auction

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. participated in an online judicial auction on November 4, 2023, successfully bidding 122.5 million yuan for certain real estate and land use rights. However, on November 21, the Shanghai Financial Court revoked the auction confirmation due to a lack of required written consent from collective landowners. The auction payment has been fully refunded, and the company will continue to seek land for its operational needs without significant financial impact.

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Full Translation

AI Translation· azure_openai
  1. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
    • Stock Code: 001202
    • Stock Abbreviation: Jushen Co., Ltd.
    • Announcement No.: 2023-069

I. Transaction Overview

Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") participated in an online judicial auction held by the Shanghai Financial Court on November 4, 2023, successfully bidding for real estate located at No. 519 Xichou Road, Pengdu Village, Minhang District, Shanghai, with a starting price of 122.5 million yuan, as well as the land use rights for the property. For detailed information, please refer to the announcement titled "Announcement on Acquired Assets through Auction" disclosed on November 6, 2023, in the China Securities Journal, Securities Times, Securities Daily, Shanghai Securities Journal, and on the Giant Tide Information Network (http://www.cninfo.com.cn).

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