001202SZSE

Announcement on Progress of Guarantees for Wholly-Owned Subsidiary

Jushen Co., Ltd.·

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Jushen Logistics Group Co., Ltd. announced the approval of an increase in warehouse capacity for its wholly-owned subsidiary, Guangdong Jushen Warehousing Co., Ltd., from 4,000 tons to 6,000 tons for tin futures. The estimated guarantee amount for this increase is 779 million yuan, which is within the approved limit. The Company will bear all responsibilities related to the operations of the guaranteed party and has implemented risk prevention measures to mitigate potential losses.

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Securities Code: 001202 Securities Abbreviation: Jushen Co., Ltd. Announcement No.: 2026-005
Jushen Logistics Group Co., Ltd.
Announcement on the Progress of Guarantee for Wholly-Owned Subsidiary
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Overview of the Guarantee Situation
In order to meet the operational development needs of the company, Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company" or "this Company")’s wholly-owned subsidiary, Guangdong Jushen Warehousing Co., Ltd. (hereinafter referred to as "Jushen Warehousing"), has applied to the Shanghai Futures Exchange to increase the approved warehouse capacity for tin futures at the Foshan Danzhao Warehouse (Address: No. 1 Jintai Road, Danzhao Logistics Center, Danzhao Town, Nanhai District, Foshan City, Guangdong Province) from the original 4,000 tons to 6,000 tons. The Company has issued a guarantee letter for the aforementioned matter.
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).

II. Progress of the Guarantee
On January 19, 2026, the above application was approved, and the announcement on the Shanghai Futures Exchange official website is as follows: The approved warehouse capacity for tin futures delivery at Guangdong Jushen Warehousing Co., Ltd., located at No. 1 Jintai Road, Danzhao Logistics Center, Danzhao Town, Nanhai District, Foshan City, Guangdong Province, has been increased from 4,000 tons to 6,000 tons.
According to the relevant announcement on the Shanghai Futures Exchange official website, the newly added approved warehouse capacity for tin futures is 2,000 tons, calculated at 389,500 yuan/ton (this price is the closing price of the tin futures contract for delivery month 2602 published on the Shanghai Futures Exchange website on January 19, 2026), with an estimated guarantee amount of 779 million yuan, which is within the guarantee limit approved by the shareholders' meeting.

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