001202SZSE

Progress Announcement on Partial Freezing of Certain Bank Accounts of Subsidiary

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. announced that its wholly-owned subsidiary, Xinjiang Jushen Land Port Intermodal Co., Ltd., has had additional funds frozen in a bank account, totaling 2,328,876.00 RMB. This freezing is due to a court order related to a prior amount of 1,164,438.00 RMB. The company states that the impact on its operations is minimal and it will take measures to protect its rights.

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Full Translation

AI Translation· azure_openai

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.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement No.: 2024-024

Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") announces the progress regarding the freezing of certain funds in the bank accounts of its wholly-owned subsidiary, Xinjiang Jushen Land Port Intermodal Co., Ltd. (hereinafter referred to as "Xinjiang Jushen").

Part of the funds in the bank account opened at the China Industrial and Commercial Bank Co., Ltd. Jun Dong Branch have been frozen due to a pre-litigation property preservation application filed by Xinjiang Chuan Nan Fu Shun Hydropower Heating Installation Co., Ltd. with the People's Court of Jimusar County. The amount of frozen funds is 1,164,438.00 RMB. For detailed information, please refer to the announcement titled "Announcement on the Freezing of Certain Funds in Subsidiary's Bank Accounts" disclosed by the Company on February 24, 2024, in the China Securities Journal, Securities Times, Securities Daily, Shanghai Securities Journal, and the Giant Tide Information Network (http://www.cninfo.com.cn).

Recently, the Company inquired about the bank account and learned of new freezing situations. The specific circumstances are as follows:

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