Jushen Co., Ltd. announced that its subsidiary Hong Kong Shenrui recently signed a bauxite transfer agreement with a Guinean company to provide it with bauxite transportation and anchorage transit services from the port terminal to the anchorage in Guinea. The operation period is tentatively scheduled for 3 years, and the contract price is tentatively set at US$134 million. Ultimately, the settlement amount confirmed by the customer shall prevail. If the contract is successfully executed, it will have a positive impact on the company's future performance, but there are many uncertain risks in execution. This contract is a daily operating contract. It has gone through internal approval procedures and does not need to be submitted to the board of directors and shareholders' meetings for review.

Jushen Co., Ltd. announced that its subsidiary Hong Kong Shenrui recently signed a bauxite transfer agreement with a Guinean company to provide it with bauxite transportation and anchorage transit services from the port terminal to the anchorage in Guinea. The operation period is tentatively scheduled for 3 years, and the contract price is tentatively set at US$134 million. Ultimately, the settlement amount confirmed by the customer shall prevail. If the contract is successfully executed, it will have a positive impact on the company's future performance, but there are many uncertain risks in execution. This contract is a daily operating contract. It has gone through internal approval procedures and does not need to be submitted to the board of directors and shareholders' meetings for review.