001202SZSE

Progress Announcement on Subsidiary Receiving Compensation for Expropriation

Jushen Co., Ltd.·

✨ AI Summary

This announcement details the progress of Wuxi Jushen Warehousing Co., Ltd., a wholly-owned subsidiary of Jushen Logistics Group, in receiving compensation for land expropriation related to the Wuxi National Logistics Hub project. The total compensation agreed upon is 8,000,000 yuan, of which 900,000 yuan has been received, leaving a balance of 7,100,000 yuan. The company will account for this in accordance with relevant accounting standards.

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Full Translation

AI Translation· azure_openai
  1. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
    • Stock Code: 001202
    • Stock Abbreviation: Jushen Co., Ltd.
    • Announcement Number: 2025-083

Announcement on Progress of Subsidiary Receiving Compensation for Expropriation

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