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Jushen Co., Ltd. (001202.SZ) plans to rename itself to "Jushen Logistics Group Co., Ltd."
On January 1st, the Gulonhui announced that Jushen Co., Ltd. (001202.SZ) has released an announcement. In order to better reflect the company's cross-regional business layout and to better utilize the advantages of the group company, after careful consideration of the company's actual Operation situation and business development needs, the company intends to change its name. The new Chinese name will be 'Jushen Logistics Group Co., Ltd.' and the English name will be 'Jushen Logistics Group Co., Ltd.' The company's stock abbreviation 'Jushen Co., Ltd.' and stock code '001202' will remain unchanged.
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Gelonghui, November 28th | Jushen shares (001202.SZ) announced that, in order to develop barge business in countries such as Guinea and Indonesia, improve the company's business layout and medium- to long-term development plan, the company plans to set up one or more wholly-owned subsidiaries in Hong Kong through Hainan Jushen Information Technology Co., Ltd., with the subsidiary or its subordinate companies as the implementing main body to carry out overseas barge projects. The planned investment amount for the project does not exceed RMB 0.25 billion (or the equivalent in foreign currency), mainly used for the purchase of barges, floating cranes, and supporting equipment and other assets. The source of funds is the company's own funds or self-raised funds, and the company will also adjust the business
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