Securities Code: 001202 Securities Abbreviation: Jushen Co., Ltd. Announcement No.: 2024-044
Guangdong Jushen Logistics Co., Ltd.
Announcement on the Results of Share Repurchase and Changes in Shares
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") convened the 20th meeting of the 3rd Board of Directors on February 7, 2024, and reviewed and approved the proposal on the share repurchase plan, agreeing to use its own funds to repurchase company shares through centralized bidding. The total amount of this repurchase will not be less than RMB 30 million (inclusive) and not exceed RMB 50 million (inclusive), with a repurchase price not exceeding RMB 15.00 per share (inclusive). Based on the upper limit of the repurchase amount, the estimated number of shares to be repurchased is approximately 3.333 million shares, accounting for about 2.59% of the company's currently issued total share capital. Based on the lower limit of the repurchase amount, the estimated number of shares to be repurchased is 2 million shares, accounting for about 1.55% of the company's currently issued total share capital. For specific details, please refer to the "Announcement of the Resolutions of the 20th Meeting of the 3rd Board of Directors" and the "Announcement on the Share Repurchase Plan" disclosed by the Company on February 8, 2024, in the China Securities Journal, Securities Times, Securities Daily, Shanghai Securities Journal, and the Giant Tide Information Network (http://www.cninfo.com.cn).