Chu Shen Corporation: is planning to invest up to 100 million yuan in the construction of integrated logistics and warehousing projects.

Jushen Holdings announcement, the company plans to invest no more than 100 million RMB through its subsidiary Guangzhou Huangpu Jushen Supply Chain Co., Ltd. to build a comprehensive logistics storage project in the Huangpu District of Guangzhou. The project is mainly planned for international freight forwarding, import and export customs clearance, bonded warehousing, futures delivery, and multimodal transportation, providing customers with safe, efficient, and convenient comprehensive logistics and warehousing services. This external investment is within the scope of the general manager's decision and does not require approval from the company's board of directors or shareholders' meeting. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Management of Major Asset Restructuring of Listed Companies."