001202SZSE

Progress Announcement on Partial Freezing of Subsidiary's Bank Accounts

Jushen Co., Ltd.·

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Jushen Logistics Group Co., Ltd. announced that its subsidiary, Xinjiang Jushen Land Port Intermodal Co., Ltd., has a total of 3,321,003.22 yuan frozen in its bank account due to a court order related to a pre-litigation property preservation application. This amount represents 0.45% of the company's most recent audited net assets. The company plans to take legal measures to lift the freezing status and asserts that the impact on its operations is minimal.

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Securities Code: 001202 Securities Abbreviation: Jushen Co., Ltd. Announcement No.: 2025-019
Jushen Logistics Group Co., Ltd.
Announcement on the Progress of Partial Freezing of Funds in Individual Bank Accounts of Subsidiaries
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company") wholly-owned subsidiary Xinjiang Jushen Land Port Intermodal Co., Ltd. (hereinafter referred to as "Xinjiang Jushen") has a portion of funds in its bank account opened at the China Industrial and Commercial Bank Co., Ltd. Zhundong Branch frozen due to a pre-litigation property preservation application filed by Xinjiang Chuan Nan Fushun Hydropower Heating Installation Co., Ltd. with the People's Court of Jimusaer County, resulting in a total frozen amount of 2,328,876.00 yuan. For specific details, please refer to the announcements titled "Announcement on the Partial Freezing of Funds in Individual Bank Accounts of Subsidiaries" and "Announcement on the Progress of Partial Freezing of Funds in Individual Bank Accounts of Subsidiaries," disclosed by the Company on February 24, 2024, and February 29, 2024, in the China Securities Journal, Securities Times, Securities Daily, and the Giant Tide Information Network (http://www.cninfo.com.cn).
Recently, the Company inquired about the bank account and learned that there is an additional freezing situation for this account. The specific situation is as follows:

I. New Freezing and Cumulative Freezing Situation
The new freezing situation of the above-mentioned bank account and the cumulative freezing situation as of April 14, 2025, are as follows:

Account NameOpening BankBank AccountAccount NatureOriginal Frozen Amount (yuan)New Frozen Amount (yuan)Cumulative Frozen Amount (yuan)
Xinjiang Jushen Land Port Intermodal Co., Ltd.China Industrial and Commercial Bank Co., Ltd. Zhundong Branch3004******Basic Account2,328,876.00992,127.223,321,003.22

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