Jushen Co., Ltd.: The issuance of convertible bonds to unspecified targets has been approved by the CSRC.

Junshen Co., Ltd. announced that the issuance has been approved by the board of directors and the shareholders' meeting, has passed the review by the Shenzhen Stock Exchange, and was registered by the China Securities Regulatory Commission on June 23, 2026, with a validity of 12 months. The listing of the convertible bonds still requires approval from the Shenzhen Stock Exchange. The company is legally and effectively in existence and qualified as an issuer. The net profits attributable to the shareholders of the parent company for 2023, 2024, and 2025 are 62.1872 million yuan, 81.5711 million yuan, and 72.4794 million yuan respectively, with an average annual distributable profit of 72.0792 million yuan. The funds to be raised in this issuance will not exceed 380 million yuan, meeting the issuance conditions.