Three-Year Shareholder Return Plan (2024-2026)
Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") has formulated the "Three-Year Shareholder Return Plan (2024-2026)" (hereinafter referred to as "the Plan") to further establish and improve a scientific, continuous, and stable dividend decision-making and supervision mechanism, actively return to investors, and guide investors to establish long-term and rational investment concepts, in accordance with the "Company Law of the People's Republic of China," the China Securities Regulatory Commission's "Guidelines for the Supervision of Listed Companies No. 3 - Cash Dividends of Listed Companies," and relevant provisions of the "Articles of Association," combined with the actual situation of the Company.
1. Considerations for Formulating the Shareholder Return Plan
The Company focuses on long-term and sustainable development, comprehensively considering the actual operating conditions, development plans, cash flow status, and the requirements and willingness of shareholders, as well as the cost of social capital and external financing environment, to make institutional arrangements for profit distribution to ensure the continuity and stability of the Company's profit distribution policy.
2. Principles for Formulating the Shareholder Return Plan
The Company's profit distribution policy maintains continuity and stability while balancing the long-term interests of the Company, the overall interests of all shareholders, and the sustainable development of the Company. The Company prioritizes cash dividends as the method of profit distribution.
3. Forms of Profit Distribution
The Company may distribute dividends in cash, stock, or a combination of cash and stock, or other methods permitted by laws and regulations. Under the premise that the Company is profitable and cash flow meets the normal operation and long-term development needs, the Company will prioritize cash dividends. If the Company is expected to maintain a good development outlook and has a high cash demand for development, it may adopt stock dividends.