[Image: Company Logo]
Jushen Logistics Group Co., Ltd.
(No. 8 Jintai Road, Danzao Logistics Center, Danzao Town, Nanhai District, Foshan City, Guangdong Province)
Summary of the Prospectus for Issuance of Convertible Corporate Bonds to Unspecified Qualified Investors
Sponsor (Lead Underwriter)
Guolian Minsheng Investment Banking Company Limited
(No. 8 Puming Road, China (Shanghai) Pilot Free Trade Zone)
July 2026
Issuer Statement
The decisions or opinions made by the CSRC or the Shenzhen Stock Exchange regarding this issuance do not constitute a guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor do they constitute a substantive judgment or guarantee of the company's profitability, investment value, or investor returns. Any statement to the contrary is a false and untrue representation.
According to the Securities Law, after the securities are issued in accordance with the law, the company is solely responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the company, make their own investment decisions, and bear the investment risks arising from changes in the company's operations and earnings or fluctuations in securities prices after the issuance.
Important Notice
The company reminds investors to pay close attention to the following major matters and carefully read the relevant chapters of this prospectus.
- Explanation on Compliance with Issuance Conditions for Convertible Corporate Bonds
In accordance with the Securities Law, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, and other relevant laws and regulations, the company's issuance of convertible corporate bonds to unspecified qualified investors meets the statutory issuance conditions.
- Scale of the Convertible Corporate Bond Issuance
Based on relevant laws, regulations, and normative documents, and combined with the company's current financial status and investment plans, the total amount of funds raised from this convertible bond issuance is 380 million RMB.
- Credit Rating for the Convertible Corporate Bond Issuance
In July 2025, China Lianhe Credit Rating Co., Ltd. issued a Credit Rating Report, assigning the company a main credit rating of AA- with a stable outlook. The credit rating for this convertible bond issuance is AA-.
After the convertible bonds are listed, China Lianhe Credit Rating Co., Ltd. will conduct a follow-up rating at least once a year during the bond's duration and issue a follow-up rating report. If the credit rating of these convertible bonds is lowered due to factors such as the external operating environment, the company's own situation, or changes in rating standards, it will increase the investment risk for investors and have an impact on their interests.
- No Guarantee Provided for the Convertible Corporate Bond Issuance
The company's issuance of convertible bonds meets the conditions for not providing a guarantee in accordance with relevant regulations; therefore, no guarantee measures have been provided. If events occur during the duration of the convertible bonds that have a significant negative impact on the company's operations, management, and debt repayment ability, the convertible bonds may face increased redemption risks due to the lack of a guarantee.
- Profit Distribution Policy and Profit Distribution in the Last Three Years
(1) Current Profit Distribution Policy
According to the currently effective Articles of Association, the company's profit distribution policy is as follows:
- Principles of Profit Distribution
The company's profit distribution policy maintains continuity and stability, while balancing the company's long-term interests, the overall interests of all shareholders, and the company's sustainable development. The company prioritizes the use of cash dividends as its profit distribution method.
- Shareholder Return Planning
The Board of Directors shall conduct special research and demonstration on shareholder return matters, formulate a clear and specific shareholder return plan, and provide detailed reasons for the planning arrangements.