The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Announcement Number: 2025-076
Jushen Logistics Group Co., Ltd. Special Report on the Storage and Use of Raised Funds for the First Half of 2025
According to the "Regulations on the Supervision of Raised Funds by Listed Companies" issued by the China Securities Regulatory Commission and the "Self-Regulatory Guidelines No. 1 for Main Board Listed Companies" and "Self-Regulatory Guidelines No. 2 for Listed Companies" issued by the Shenzhen Stock Exchange, the board of directors of Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company") has prepared this special report on the storage and use of raised funds as of June 30, 2025.
I. Basic Information on Raised Funds
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Actual Amount of Raised Funds and Time of Receipt
According to the approval from the China Securities Regulatory Commission regarding the initial public offering of stocks by Guangdong Jushen Logistics Co., Ltd. (Zheng Jian Xu Ke [2021] No. 1117), the Company publicly issued 32,242,000 shares of RMB ordinary shares (A shares) with a par value of RMB 1.00 per share at an issue price of RMB 15.09 per share. The total amount raised was RMB 486,531,800, with issuance costs of RMB 53,472,100, resulting in a net amount of RMB 433,059,700. The raised funds were fully received on April 23, 2021, and the receipt of funds has been verified by Tianjian Accounting Firm (Special General Partnership), which issued the verification report Tianjian Yan Zi [2021] No. 7-33 on April 23, 2021. -
Usage and Balance of Raised Funds as of the First Half of 2025
As of June 30, 2025, the usage and current balance of the raised funds are as follows:
| Item | Amount (RMB 10,000) | |------|---------------------| | Net Amount of Raised Funds (A) | 43,305.97 | | Cumulative Amount Used as of Beginning | 35,921.07 | | Net Interest Income (B2) | 1,426.01 | | Permanent Supplement to Working Capital (B3) | 4,752.26 | | Current Period Usage (C1) | 2,499.44 | | Current Period Interest Income (C2) | 1.18 | | Current Period Permanent Supplement to Working Capital (C3) | 0 | | Cumulative Amount Used as of End (D1=B1+C1) | 38,420.51 | | Cumulative Interest Income as of End (D2=B2+C2) | 1,427.19 | | Cumulative Permanent Supplement to Working Capital as of End (D3=B3+C3) | 4,752.26 | | Remaining Raised Funds (E=A-D1+D2-D3) | 1,560.39 | | Actual Remaining Raised Funds (F) | 1,560.39 |
II. Management and Storage of Raised Funds
- Management of Raised Funds
To standardize the use and management of raised funds, improve the efficiency of fund utilization, and protect the legitimate rights and interests of investors, the Company has formulated the "Management System for Raised Funds" in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Regulations on the Supervision of Raised Funds by Listed Companies," and "Self-Regulatory Guidelines No. 1 for Main Board Listed Companies," among other relevant laws, regulations, and normative documents. The Company has established special accounts for raised funds in banks and signed a "Tripartite Supervision Agreement on Raised Funds" with the sponsoring institution on May 18, 2021, clarifying the rights and obligations of all parties. As of June 30, 2025, the storage and use of raised funds have complied with the Company's "Management System for Raised Funds."