001202SZSE

Announcement on the Progress of Subsidiary Winning Land Lease Rights

Jushen Co., Ltd.·

✨ AI Summary

Guangdong Jushen Logistics Co., Ltd. announced that its wholly-owned subsidiary, Guangdong Jushen Warehousing Co., Ltd., has successfully acquired land lease rights in Nanhai District, Foshan. The lease covers an area of 45,808.15 square meters for a term from August 1, 2024, to August 9, 2051, with a total rental fee of approximately 131.75 million yuan. This acquisition aligns with the company's strategic development and is expected to enhance its core competitiveness.

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Full Translation

AI Translation· azure_openai

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: 2024-063

I. Transaction Overview

Guangdong Jushen Logistics Co., Ltd.'s wholly-owned subsidiary, Guangdong Jushen Warehousing Co., Ltd. (hereinafter referred to as "Jushen Warehousing"), has won the lease rights for a plot of land located on the south side of Shengchang Road, Danzhao Town, Nanhai District, Foshan City, through the Foshan Public Resource Trading Information Platform. On July 29, 2024, it signed the "Confirmation of Transaction" with the Foshan Nanhai Danzhao Industrial Development Group Co., Ltd. The specific details can be found in the announcement titled "Announcement on Subsidiary Winning Land Lease Rights," disclosed on July 30, 2024, in the China Securities Journal, Securities Times, Securities Daily, and the Giant Tide Information Network (http://www.cninfo.com.cn).

II. Progress

On August 1, 2024, the company signed the "Land Use Right Lease Contract" with the Foshan Nanhai Danzhao Industrial Development Group Co., Ltd. as required.

III. Main Contents of the Lease Contract

Party A (Lessor): Foshan Nanhai Danzhao Industrial Development Group Co., Ltd.
Party B (Lessee): Guangdong Jushen Warehousing Co., Ltd.

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