Guangdong Jushen Logistics Co., Ltd. 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.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement Number: 2024-056
Notice on the Listing and Circulation of Shares Issued Prior to the Initial Public Offering
Special Reminder:
- The restricted shares being listed for circulation are those issued prior to the initial public offering (IPO) of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "Jushen Co." or "the Company"). The lock-up period for these shares is 36 months from the date of the Company's IPO and listing. A total of 5 shareholders will release 88,578,000 shares, accounting for 68.77% of the Company's total share capital.
- The date for the release of these restricted shares for trading is June 13, 2024 (Thursday).
Overview of the Initial Public Offering
According to the approval from the China Securities Regulatory Commission regarding the initial public offering of Guangdong Jushen Logistics Co., Ltd. (Approval No. [2021] 1117), Jushen Co. issued 32,242,000 ordinary shares (A shares) with a par value of RMB 1.00 per share at an issue price of RMB 15.09 per share. The shares were listed and traded on the Shenzhen Stock Exchange main board on April 29, 2021. The total share capital before the IPO was 96,558,000 shares. As of the date of this announcement, the total share capital of the Company is 128,800,000 shares, of which 40,222,000 shares are unrestricted circulating shares, accounting for 31.23% of the total share capital after issuance, and 88,578,000 shares are restricted circulating shares, accounting for 68.77%. The restricted shares listed for circulation are those issued prior to the IPO, with a lock-up period of 36 months from the IPO date. The number of shareholders releasing restricted shares is 5, with a total of 88,578,000 shares, as detailed in the "Announcement of the Initial Public Offering of Shares" disclosed by the Company on April 28, 2021, on the Giant Tide Information Network. These restricted shares will be listed for circulation starting June 13, 2024 (Thursday). Since the formation of the restricted shares from the IPO, the Company has not experienced any changes in the number of shares due to issuance, repurchase, or distribution of stock dividends or capital reserve transfers.