Jushen Co. announced that its IPO fund-raising project, the Jushen Warehousing Phase IV project, has been completed and reached its intended usable state. The company recently obtained the joint completion acceptance opinion issued by the Housing and Urban-Rural Development and Water Affairs Bureau of Nanhai District, Foshan City, and has completed the final inspection filing. The company has decided to close this fund-raising project. The project has cumulatively invested 32.3359 million yuan of raised funds, and all originally planned raised funds have been fully invested. The corresponding special account for raised funds was closed in March 2026. The net proceeds from the company's IPO were 433 million yuan.
Guangdong Jushen Logistics Co LtdIPO fund-raising project completed and closed, indicating proper use of raised funds and project execution.