Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement No.: 2024-071
The Company held the 24th meeting of the 3rd Board of Directors and the 20th meeting of the 3rd Supervisory Board on August 26, 2024, to review and approve the proposal on adjusting the proposed investment in certain fundraising projects and adding new fundraising projects. The Company agreed to reduce the proposed investment in the initial public offering (IPO) fundraising project "Supply Chain Management Information Technology Upgrade Project" by a total of RMB 32.54 million (including interest, with the final adjustment amount subject to the actual transfer amount) for the construction of the new fundraising project "Jushen Warehouse Phase IV Project," which will be implemented by the Company's wholly-owned subsidiary, Guangdong Jushen Warehouse Co., Ltd.
At the same time, the Company will use RMB 10.19 million (final contribution amount subject to the actual transfer amount) in interest from the "Fundraising Collection Special Account" for the construction of the new fundraising project "Jushen Co., Ltd. Gongyi Commodity Trading and Delivery Center Project," which will be implemented by the Company's wholly-owned subsidiary, Gongyi Jushen Supply Chain Service Co., Ltd. The Company agrees to open a corresponding special account for fundraising, for the storage and use of the new fundraising project funds, and authorizes the management to handle subsequent matters related to signing the tripartite supervision agreement with the sponsor and the bank where the fundraising funds are deposited. This new fundraising project does not constitute a related party transaction and is subject to approval by the Company's shareholders' meeting.
The specific situation is announced as follows:
Overview of Adjustments to Fundraising Investment Projects
(1) Basic Situation of Fundraising
According to the approval from the China Securities Regulatory Commission on the initial public offering of Guangdong Jushen Logistics Co., Ltd. (Approval No. [2021] 1117), the Company publicly issued 32.242 million shares of RMB ordinary shares (A shares). The par value of each share is RMB 1.00, and the issue price is RMB 15.09 per share, with a total fundraising amount of RMB 486.53 million. After deducting issuance expenses of RMB 53.47 million, the net fundraising amount is RMB 433.06 million. The fundraising amount was fully received on April 23, 2021, and the situation of the fundraising has been verified by Tianjian Accounting Firm (Special General Partnership), which issued the verification report on April 23, 2021.
The Company has stored the fundraising in a special account and signed a tripartite supervision agreement with the special account bank and the sponsor. As of the date of this announcement, the Company has strictly followed relevant regulations for the storage, use, and management of the fundraising and has fulfilled related obligations.
(2) Situation of Fundraising Investment Projects
As of July 31, 2024, the usage of the funds raised from the initial public offering is as follows: