001202SZSE

Progress Announcement on Guarantee for Wholly-Owned Subsidiary

Jushen Co., Ltd.·

✨ AI Summary

This announcement details the progress of a guarantee provided by Jushen Logistics Group Co., Ltd. for its wholly-owned subsidiary, Guangdong Jushen Warehousing Co., Ltd. The company plans to increase the aluminum oxide futures storage capacity from 100,000 tons to 150,000 tons, potentially raising the guarantee amount to 137 million RMB. The guarantee will cover all responsibilities related to the futures operations and is effective upon signing.

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Full Translation

AI Translation· azure_openai

Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company" or "we") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Securities Code: 001202

Securities Abbreviation: Jushen Co., Ltd.

Announcement Number: 2025-097

I. Overview of the Guarantee Situation

On April 16, 2025, Jushen Logistics Group Co., Ltd. held the 29th meeting of the third Board of Directors, which approved the proposal on adjusting the expected guarantees for subordinate companies in 2025. This matter has been reviewed and approved by the shareholders' meeting. For specific details, please refer to the relevant announcements disclosed by the Company in the "China Securities Journal," "Securities Times," and on the Giant Tide Information Network (http://www.cninfo.com.cn).

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