Underwriter's Sponsorship Letter for Jushen Logistics Group Co., Ltd. Regarding the Issuance of Convertible Bonds to Unspecified Objects (Revised Draft)

Statement

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. (hereinafter referred to as "Guolian Minsheng Underwriting," "the Sponsor," or "this Sponsor") and its sponsoring representatives Liu Yuting and Huang Ying, in accordance with 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"), the "Regulations on the Registration Management of Securities Issuance by Listed Companies" (hereinafter referred to as "the Registration Management Regulations"), the "Management Measures for Securities Issuance and Listing Sponsorship" (hereinafter referred to as "the Sponsorship Management Measures"), and other relevant laws, regulations, and the provisions of the China Securities Regulatory Commission (hereinafter referred to as "CSRC") as well as the relevant business rules of the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"), hereby issue this sponsorship letter with honesty, diligence, and responsibility, strictly following the legally established business rules and industry self-discipline norms, and guarantee the authenticity, accuracy, and completeness of this sponsorship letter. Unless otherwise specified, the abbreviations involved in this sponsorship letter are consistent with those in the "Prospectus for the Issuance of Convertible Bonds by Jushen Logistics Group Co., Ltd. to Unspecified Objects."

Table of Contents

1. Basic Information of the Issuer
2. Basic Information of This Issuance
3. Sponsoring Representatives, Co-sponsors, and Other Project Team Members
4. Explanation of the Sponsor's and its Representatives' Fair Performance of Sponsorship Duties
5. Commitments Required by the Sponsor According to Relevant Regulations
6. Explanation of the Legality of the Issuer's Decision-Making Process for This Issuance
7. Explanation of Whether the Issuer Meets the Conditions for Issuance and Listing
8. Work Arrangements During Continuous Supervision
9. Contact Information of the Sponsor and its Representatives
10. Other Matters the Sponsor Deems Necessary to Explain
11. Sponsor's Recommendation Conclusion on This Project

Shenzhen Stock Exchange:

Jushen Logistics Group Co., Ltd. (hereinafter referred to as "Jushen," "the Issuer," or "the Company") intends to apply for the issuance of convertible bonds to unspecified objects. Guolian Minsheng Underwriting believes that the issuer meets the requirements of the "Company Law," "Securities Law," "Registration Management Regulations," "SZSE Listing Rules" (hereinafter referred to as "the Listing Rules"), and other relevant laws and regulations of the CSRC and SZSE, and agrees to sponsor the issuer's application for the issuance of convertible bonds to unspecified objects. The relevant situation is reported as follows:

1. Basic Information of the Issuer

(1) Overview of the Issuer