Guangdong Jushen Logistics Co., Ltd.
Related Party Transaction Management System
(Amended in November 2024)
Guangdong Jushen Logistics Co., Ltd.
Related Party Transaction Management System
In order to standardize related party transaction behaviors and ensure that the contracts for related party transactions entered into by Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company") with related parties comply with the principles of fairness, justice, and openness, this Related Party Transaction Management System is formulated in accordance with the provisions of the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), and other relevant laws and regulations, as well as the Articles of Association of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Articles of Association"), to ensure that the Company's related party transactions do not harm the interests of the Company and all shareholders.
Chapter One Related Parties and Related Relationships
Article 1 Related parties of the Company include related legal entities (or other organizations) and related natural persons.
Article 2 Legal entities or other organizations that fall under any of the following circumstances are considered related legal entities (or other organizations) of the Company:
- Legal entities or other organizations that directly or indirectly control the Company;
- Legal entities or other organizations, other than the Company and its holding subsidiaries, that are directly or indirectly controlled by the legal entities or other organizations mentioned in the preceding item;
- Legal entities or other organizations, other than the Company and its holding subsidiaries, that are directly or indirectly controlled by related natural persons listed in Article 3, or where such natural persons serve as directors or senior management;
- Legal entities or other organizations that directly or indirectly hold more than 5% of the Company's shares and their concerted actors;
- Other legal entities or organizations that the China Securities Regulatory Commission, stock exchanges, or the Company recognize as having a special relationship with the Company, which may lead to the Company favoring their interests.