001202SZSE

Announcement on the Implementation of Foreign Exchange Hedging Business

Jushen Co., Ltd.·

✨ AI Summary

Jushen Logistics Group Co., Ltd. plans to conduct foreign exchange hedging activities to mitigate market risks, with a limit of up to 100 million RMB. The board approved this initiative on October 29, 2025, and it will be submitted for shareholder approval. The hedging activities aim to enhance financial stability and protect against currency fluctuations without harming shareholder interests.

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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, without false records, misleading statements, or significant omissions.
    • Stock Code: 001202
    • Stock Abbreviation: Jushen Co., Ltd.
    • Announcement No.: 2025-092

Important Content Reminder:

  1. Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company") intends to use no more than 100 million RMB (or equivalent foreign currency) for foreign exchange hedging to avoid foreign exchange market risks and prevent significant fluctuations in exchange rates from impacting the Company, without affecting the development of its main business. The hedging activities will be valid for 12 months from the date of approval by the shareholders' meeting, and the above limit can be used in a rolling manner within the approval period. The transaction amount at any point during the period (including amounts related to the reinvestment of the aforementioned transaction profits) shall not exceed 100 million RMB (or equivalent foreign currency). If the duration of the transaction exceeds the validity period of the resolution, the validity period will automatically extend until the transaction is completed.

  2. On October 29, 2025, the Company held the fourth meeting of the fourth board of directors, which approved the proposal on "Conducting Foreign Exchange Hedging Business and Feasibility Analysis Report." This proposal will be submitted for shareholder review.

  3. There are market risks, liquidity risks, performance risks, customer default risks, operational risks, and legal risks associated with the foreign exchange hedging business. Investors are advised to pay attention to investment risks.

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