001202SZSE

Reply Report on the Review Inquiry Letter for Jushen Logistics Group Co., Ltd.'s Issuance of Convertible Bonds to Unspecified Objects

Jushen Co., Ltd.·

✨ AI Summary

This report addresses the Shenzhen Stock Exchange's inquiry regarding Jushen Logistics Group's issuance of convertible bonds. Key figures include a net profit of -3.01 million yuan in Q1 2025 and a revenue increase of 22.74%. The report outlines reasons for profit decline despite revenue growth, liquidity risk analysis, and the strategic rationale for issuing convertible bonds, indicating no repayment risk during the bond's term.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

1. Background

Securities Code: 001202
Securities Abbreviation: Jushen Co., Ltd.
Jushen Logistics Group Co., Ltd. (located at No. 8 Jintai Road, Danzao Logistics Center, Nanhai District, Foshan City, Guangdong Province) is responding to the review inquiry letter regarding its issuance of convertible bonds to unspecified objects, issued by the Shenzhen Stock Exchange on August 15, 2025 (Inquiry Letter No. [2025] 120029). Jushen Logistics Group (hereinafter referred to as "Jushen Co.," "the Company," "the Listed Company," "the Issuer") has conducted a thorough review of the issues raised in the inquiry letter in collaboration with its sponsor, Guolian Minsheng Securities Co., Ltd. (hereinafter referred to as "the Sponsor"), Beijing Jiayuan Law Firm (hereinafter referred to as "the Issuer's Lawyer"), and Tianjian Accounting Firm (Special General Partnership) (hereinafter referred to as "the Accountant"). The Company has revised and supplemented the application documents, including the "Prospectus for the Issuance of Convertible Bonds by Jushen Logistics Group Co., Ltd. to Unspecified Objects" (hereinafter referred to as "the Prospectus"), as required by the inquiry letter. The responses are as follows for your review. Unless otherwise specified, the abbreviations used in this reply report have the same meanings as defined in the "Definitions" section of the revised Prospectus. The font styles used are as follows:

  • Questions listed in the inquiry letter: Boldface
  • Responses to the inquiry questions: Regular font
  • Modifications to the Prospectus and other application documents: Italics

All numerical values in this reply report are retained to two decimal places. Any discrepancies between totals and individual item values are due to rounding.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.