On June 2, Jushen Logistics Group Co., Ltd. (hereinafter referred to as “Jushen Logistics Group”) issued an announcement on the signing of a shipbuilding contract.
The announcement disclosed that Hainan Jushen Information Technology Co., Ltd. (hereinafter referred to as “Hainan Jushen”), a wholly-owned subsidiary of Jushen Logistics Group, has signed a Shipbuilding Contract for the construction of deck barges with a certain ship engineering company. The total contract amount is RMB 78 million (approximately USD 10.84 million). In accordance with relevant regulations, part of the information in this contract has been identified as a trade secret, so the company has exempted the disclosure of such part of the information.
According to the announcement, the contract mainly includes the purchase of two deck barges, and the contract will take effect after all parties stamp and sign it.
Founded in November 2011, Jushen Logistics Group Co., Ltd. is headquartered in Danzao Logistics Center, Danzao Town, Nanhai District of Foshan, Guangdong. It is an AAAA logistics enterprise specializing in providing integrated logistics services for bulk commodities such as aluminum, copper, zinc, tin, alumina, industrial silicon, stainless steel, and PVC.
Currently, Jushen Logistics Group has twelve wholly-owned subsidiaries in non-ferrous metal consumption and distribution centers and main production bases of electrolytic aluminum across China and multiple integrated logistics parks with functions such as warehousing, transportation, and multimodal transport in places such as Foshan of Guangdong, Qinzhou of Guangxi and Zhundong of Xinjiang. It is mainly serving large-scale producers and traders in the non-ferrous metal industrial chain such as Aluminum Corporation of China, Tianshan Aluminum, East Hope Group, Henan Sunho, Xinfa Group, Jinjiang Group, and Glencore.