Securities Code: 001202 Securities Abbreviation: Jushen Co., Ltd. Announcement No.: 2026-010
Jushen Logistics Group Co., Ltd.
Announcement on Adjusting the Estimated Guarantee Limit of the Company
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Special Reminder:
- The actual guarantee balance of the company has exceeded 50% of the company's most recent audited net assets;
- The company and its wholly-owned subsidiaries have not provided guarantees for companies outside the scope of the consolidated financial statements;
- The company and its wholly-owned subsidiaries have no overdue guarantees, guarantees involved in litigation, or situations where losses are to be borne due to being judged to have lost a guarantee.
Investors are advised to pay attention to investment risks.
I. Overview of Guarantee Adjustment
On December 12 and December 30, 2025, Jushen Logistics Group Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the fourth board of directors and the fourth extraordinary general meeting of shareholders of 2025, respectively, to review and approve the "Proposal on the Estimated Guarantee Limit of the Company." For specific details, please refer to the announcement on the estimated guarantee limit disclosed by the company on the Giant Tide Information Network and other platforms.
In light of the recent significant increase in non-ferrous metal prices, the company has increased the guarantee limit when applying for futures delivery warehouse qualifications for its subsidiaries to better meet the needs of business operations. The company intends to adjust the estimated guarantee limit for the year 2026 to apply for comprehensive credit, loans, and other financing-related matters for its subsidiary, Guangdong Jushen Storage Co., Ltd. (hereinafter referred to as "Jushen Storage"); or to carry out other daily business operations, such as applying for designated delivery warehouse qualifications for futures commodities from the Shanghai Futures Exchange, Guangzhou Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, and Shanghai International Energy Exchange Co., Ltd., or applying for designated delivery warehouse qualifications as a group delivery center, etc. (including new guarantees, renewals, and expansions of originally approved warehouse capacities); after this adjustment, the estimated guarantee limit the company will provide for Jushen Storage will be adjusted from no more than 11 billion yuan (or equivalent foreign currency, the same below) to no more than 12 billion yuan, with the guarantee method being joint liability guarantees, etc.
After this adjustment, the total estimated guarantee limit the company expects to provide for its subsidiaries in 2026 will be adjusted from no more than 15 billion yuan to no more than 16 billion yuan. Among them, the company expects to provide guarantees of no more than 500 million yuan for subsidiaries with asset-liability ratios exceeding 70%, namely Ningbo Jushen, Jiangxi Jushen, and Jushen Guinea, and expects to provide guarantees of no more than 1.55 billion yuan for other subsidiaries with asset-liability ratios below 70%.
The validity period of the external guarantees after this adjustment will be from the date of approval by this general meeting of shareholders until the date of the general meeting of shareholders convened to review the estimated external guarantee limit for the following year. If the duration of a single guarantee exceeds the validity period of the guarantee resolution, the validity period of the guarantee resolution will be automatically extended until the termination of the single guarantee. The amounts guaranteed by the company for each subsidiary will be allocated within the above limits based on actual conditions, and the relevant guarantee matters will ultimately be subject to the signed relevant guarantee documents. At the same time, the general meeting of shareholders is requested to authorize the company's management to sign relevant legal documents based on the actual occurrence of the guarantees.
This adjustment matter still needs to be submitted to the company's general meeting of shareholders for review and must be approved by more than two-thirds of the voting rights held by shareholders (including shareholder representatives) present at the general meeting.
II. Specific Adjustment of Guarantee Limits