001202SZSE

Verification Report on Previous Fundraising Usage

Jushen Co., Ltd.·

✨ AI Summary

The verification report confirms that Jushen Logistics Group Co., Ltd.'s management accurately reported the use of previously raised funds as of December 31, 2024, totaling RMB 433,059,691.90. The report is intended for the issuance of convertible corporate bonds and complies with regulatory guidelines. Key adjustments include reallocating RMB 70 million from the Jushen Zhudong Land Port Project to the Jushen Bulk Commodity Logistics Warehouse Center Project, and RMB 32.5404 million from the Supply Chain Management Project to the Jushen Warehouse Phase IV Project.

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Table of Contents I. Verification Report on the Use of Previously Raised Funds………………………………Page 1 — 2 II. Report on the Use of Previously Raised Funds………………………………… Page 3 — 11

Verification Report on the Use of Previously Raised Funds
Tianjian Audit [2025] No. 7-631
To all shareholders of Jushen Logistics Group Co., Ltd.:
We have verified the "Report on the Use of Previously Raised Funds" prepared by the management of Jushen Logistics Group Co., Ltd. (hereinafter referred to as Jushen Co.) as of December 31, 2024, which is attached herewith.

I. Limitation on Report Users and Purpose
This verification report is solely for the use of Jushen Co. in the issuance of convertible corporate bonds and may not be used for any other purpose. We agree that this verification report serves as a necessary document for Jushen Co.'s issuance of convertible corporate bonds and should be submitted along with other application materials.

II. Management's Responsibility
The responsibility of Jushen Co.'s management is to provide true, lawful, and complete relevant information, to prepare the "Report on the Use of Previously Raised Funds" in accordance with the provisions of the China Securities Regulatory Commission's "Guidelines for the Application of Regulatory Rules - Issuance Category No. 7," and to ensure that its content is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

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