Core Viewpoint - JYD's stock price increased by 4.49% on August 4, closing at $0.193 per share, with a total market capitalization of $26.38 million [1] Financial Performance - As of December 31, 2024, JYD reported total revenue of 565 million RMB, representing a year-on-year growth of 13.54% [1] - The company's net profit attributable to shareholders was -49.57 million RMB, showing a year-on-year increase of 31.7% [1] Company Overview - JYD International Logistics Co., Ltd. is a Cayman Islands-registered holding company, primarily operating through its domestic subsidiary, Shenzhen JYD Logistics Technology Co., Ltd. [1] - The company is recognized as one of China's leading end-to-end supply chain solution providers, focusing on cross-border logistics services [1] - Headquartered in Shenzhen, a key part of the Guangdong-Hong Kong-Macao Greater Bay Area, the company benefits from a unique geographical advantage that enhances efficiency and reduces transportation costs [1] - JYD offers comprehensive cross-border supply chain solution services, including (i) freight forwarding services, (ii) supply chain management, and (iii) other value-added services [1]

Core Viewpoint - JYD's stock price increased by 4.55% on July 29, reaching $0.23 per share, with a total market capitalization of $31.44 million [1] Financial Performance - As of December 31, 2024, JYD reported total revenue of 565 million RMB, representing a year-on-year growth of 13.54% [1] - The net profit attributable to the parent company was -49.57 million RMB, showing a year-on-year increase of 31.7% [1] Company Overview - JYD International Logistics Co., Ltd. is a Cayman Islands-registered holding company, primarily operating through its domestic subsidiary, Shenzhen JYD Logistics Technology Co., Ltd. [1] - The company is recognized as one of China's leading end-to-end supply chain solution providers, focusing on cross-border logistics services [1] - Headquartered in Shenzhen, a key part of the Guangdong-Hong Kong-Macao Greater Bay Area, the company benefits from a unique geographical advantage that enhances efficiency and reduces transportation costs [1] - JYD offers comprehensive cross-border supply chain solution services, including (i) freight forwarding services, (ii) supply chain management, and (iii) other value-added services [1]

Core Viewpoint - Jayud Global Logistics Limited has received a government subsidy of approximately USD 4.2 million, which is expected to positively impact its financial performance and support growth in cross-border air freight services [1][3]. Group 1: Government Subsidy - The company received a subsidy of RMB 30,258,086 (approximately USD 4.2 million) from the Shenzhen Transportation Bureau [1]. - The subsidy is related to two charter flight routes operated by the company during 2022-2023 as part of its expanded air freight services [2]. - The subsidy application was initially submitted in March 2023, with final amounts determined in March 2025 due to high demand exceeding available funding [2]. Group 2: Company Strategy and Impact - Xiaogang Geng, Chairman and CEO, emphasized that the subsidy validates the company's strategic expansion into charter flight operations and highlights its contribution to Shenzhen's logistics infrastructure [3]. - The company anticipates that the subsidy will have a positive effect on its revenue and financial results for the current fiscal year [3]. Group 3: Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics [4]. - The company operates globally with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents, offering a comprehensive range of supply chain solutions [4]. - Jayud focuses on providing customized and efficient logistics solutions, supported by strong service capabilities and proprietary IT systems [4].

Group 1 - The core viewpoint of the news highlights a positive market reaction driven by favorable developments in US-China trade negotiations, with major US stock indices showing significant gains [1][2] - The Dow Jones Industrial Average rose by 2.44%, the Nasdaq Composite increased by 3.55%, and the S&P 500 climbed by 2.63% as of the specified time [1] - Major technology stocks experienced substantial increases, with Apple rising over 6%, Amazon up more than 7%, and Meta gaining over 5% [2] Group 2 - The Nasdaq China Golden Dragon Index surged over 5%, reflecting a strong performance among popular Chinese concept stocks [2][3] - Notable stock movements included Jia Yuda, which saw a peak increase of over 130% during trading, ultimately closing up 65.64% [2][3] - Other significant gainers in the Chinese stock market included Century Internet, which rose over 18%, and several other companies like Pinduoduo and Xpeng Motors, which saw increases exceeding 7% [4] Group 3 - The spot price of gold continued to decline, trading around $3240 per ounce, with a drop of 2.58% noted [4] - The price of gold fell below $3210 per ounce for the first time since April 14, indicating a notable downward trend [4] - Domestic gold jewelry prices also decreased, with several brands' prices falling back to around 1000 yuan [6][7]

Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services [2] - The company has established a global operation nexus with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents [2] - Jayud offers a comprehensive range of services including freight forwarding, supply chain management, and other value-added services [2] Recent Developments - The company filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 22, 2025 [1] - The annual report contains the company's audited consolidated statements, which can be accessed on the SEC's website and Jayud's investor relations website [1]

Company Overview - The company is a leading Shenzhen-based end-to-end supply chain solution provider in China, focusing on cross-border logistics services [18]. - The company has a comprehensive range of services including freight forwarding, supply chain management, and other value-added services [19]. Regulatory Environment - As of December 31, 2024, the company had obtained all necessary licenses, permits, and registrations from PRC government authorities for its operations in China [22]. - The company operates under the complex regulatory environment in China, which may require additional licenses or approvals in the future [22]. - The company must maintain various licenses and permits for operations, and failure to do so could result in penalties and operational disruptions [90]. - The company has not received any inquiries or sanctions from the CSRC or other PRC governmental authorities regarding its listing status as of the date of the annual report [98]. - Regulatory uncertainties in China may impose fines and penalties, limit the ability to pay dividends outside of China, and adversely affect the trading price of the company's securities [96]. - The company may face sanctions from the CSRC for failure to obtain necessary approvals for offshore offerings, which could materially affect its operations and financial condition [160]. - The SEC may propose additional rules that could impact the company if its auditor is not subject to PCAOB inspection in the future [153]. - The company is required to keep personal information confidential and safeguard it according to applicable laws, with evolving regulations on data protection in the PRC [165]. Financial Performance - Revenues for 2023 decreased to RMB 497,868,200, a decline of approximately 24% compared to RMB 651,991,593 in 2022 [29]. - Gross loss for 2023 was RMB 15,870,632, compared to a gross profit of RMB 37,386,114 in 2022 [29]. - Operating loss for 2023 was RMB 79,754,620, significantly higher than the operating profit of RMB 702,208 in 2022 [29]. - Net loss for 2023 reached RMB 80,275,344, compared to a net income of RMB 1,377,897 in 2022 [29]. - Revenues for 2022, 2023, and 2024 were RMB652.0 million, RMB497.9 million, and RMB565.3 million (US$78.6 million) respectively, with gross profits of RMB37.4 million in 2022 and gross losses of RMB15.9 million and RMB11.2 million (US$1.6 million) in 2023 and 2024 [58]. - Total assets increased to RMB 100,450,600 in 2023, with a projected increase to RMB 184,365,871 in 2024 [31]. - Cash and restricted cash at the end of 2023 was RMB 26,605,028, expected to rise to RMB 37,099,911 by the end of 2024 [31]. - Net cash used in operating activities for 2023 was RMB 44,222,478, compared to RMB 15,231,895 in 2022 [31]. - Total liabilities decreased to RMB 104,997,426 in 2024 from RMB 126,182,673 in 2023 [31]. Market Risks - The company faces significant legal and operational risks due to its majority operations in mainland China, including potential regulatory interventions that could adversely affect its business [21]. - The company faces intense competition in the supply chain solutions and logistics services industry, which is highly fragmented and competitive [51]. - Economic downturns and trade disputes, such as those between the PRC and the U.S., could adversely affect business operations and financial performance [45]. - The logistics industry is sensitive to macroeconomic conditions, with consumer spending declining during recessionary periods [41]. - Trade restrictions and changes in international trade policies could materially affect the company's business and operational efficiency [50]. - The company is exposed to credit risks from customer defaults, which may significantly impact cash flow and financial condition [57]. - The company may experience capacity shortages during peak e-commerce seasons, which could adversely affect its competitive position and financial results [65]. Strategic Initiatives - The company plans to focus on capitalizing on growth opportunities in the e-commerce and logistics sectors, which are expected to drive future revenues [35]. - The company plans to establish larger, custom-designed warehouses to increase storage capacity and enhance service capacity and distribution network [79]. - Strategic alliances and acquisitions are part of the company's growth strategy, but there are risks associated with integration and achieving expected benefits from these initiatives [69]. Compliance and Internal Controls - The company has identified three material weaknesses in its internal control over financial reporting, including insufficient accounting staff and lack of formal internal control policies [116]. - The company is in the process of hiring additional qualified accounting personnel to address identified weaknesses in financial reporting [117]. - The company has implemented internal control policies and supplier due diligence procedures to mitigate tax compliance risks, but cannot guarantee all suppliers will comply with tax laws [125]. Geopolitical and Economic Factors - The ongoing geopolitical tensions, particularly the Russia-Ukraine and Israel-Hamas conflicts, have disrupted international trade and may negatively impact the company's results of operations [100]. - The Biden administration increased tariffs on certain Chinese goods in 2024, with some tariffs reaching up to 100% on specific products [47]. - The cumulative tariff rate on Chinese goods could reach up to 125% by mid-April 2025, significantly impacting cross-border logistics services [47]. - Increased tariffs may raise costs for cross-border logistics services, potentially leading to reduced demand for imported goods from China [48]. Technology and Innovation - The company relies on its technology platform for supply chain solutions, and any disruptions could adversely affect business operations and results [102]. - The company must keep up with technological advancements, including 5G and cloud computing, to maintain competitiveness; failure to do so may materially affect operations [104]. Taxation and Financial Regulations - The statutory enterprise income tax rate in China is 25%, but small low-profit enterprises can benefit from a reduced rate of 20% on 12.5% of taxable income not exceeding RMB 1 million [190]. - The PRC tax authorities have the discretion to adjust taxable capital gains, which could increase income tax costs and adversely affect financial condition and results of operations [189]. - Non-resident enterprises may face filing obligations or taxation under Bulletin 37, potentially impacting financial resources and operations [188]. - A withholding tax rate of up to 10% applies to dividends paid by Chinese companies to non-PRC-resident enterprises, affecting cash distributions [210]. Environmental, Social, and Governance (ESG) Considerations - Increased scrutiny of environmental, social, and governance (ESG) matters may lead to higher costs and impact the company's reputation and business performance [122].

SHENZHEN, China, April 03, 2025 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, issued the following statement in response to the market activity on April 1 and April 2: While it is the Company's practice not to comment on any stock movement, we must caution investors and all other persons to rely solely on statements and filings with the United States Se ...

Core Viewpoint - Jayud Global Logistics Limited has launched an exclusive chartered air cargo service connecting Fuzhou, China, and Jakarta, Indonesia, aimed at enhancing logistics capabilities for e-commerce, particularly for products containing lithium-ion batteries [1][2][3]. Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services [5]. - The company operates a global logistics network with facilities in 12 provinces in Mainland China and 16 countries across six continents [5]. New Service Details - The new air cargo service is the only chartered route directly linking Fuzhou and Jakarta, operating three flights weekly using a Boeing 737-800 aircraft with a cargo capacity of up to 18 tons per flight [2][3]. - This service is designed to comply with IATA guidelines for transporting lithium-ion batteries, addressing a critical market need [2][3]. Market Context - The Fuzhou-Jakarta route is strategically positioned to leverage the growing e-commerce market in Southeast Asia, which is experiencing substantial growth similar to the MENA region, projected at an 11.5% CAGR through 2028 [3]. - E-commerce is a significant driver of international logistics demand, and the new service aims to provide dedicated solutions for this expanding market segment [5]. Operational Capabilities - Jayud will manage all logistical aspects of the new service, including procurement, warehousing, inventory management, and customs processes, to enhance delivery efficiency for cross-border e-commerce [4].

Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services [6] - The company has established a global operation nexus with logistics facilities throughout major transportation hubs in China and globally, covering 12 provinces in Mainland China and 16 countries across six continents [6] Leadership Change - Ms. Hu Mengmeng has been appointed as Chief Financial Officer, effective March 1, 2025, succeeding Ms. Lin Bao, who stepped down for personal reasons [1][3] - Ms. Hu brings over 20 years of extensive experience in the shipping and logistics sector, having held senior financial positions at renowned multinational companies such as Maersk and CMA CGM [2][4] - The transition period will allow Ms. Lin Bao to ensure a smooth handover of responsibilities to Ms. Hu, facilitating knowledge transfer and maintaining operational continuity [3] Ms. Hu's Background - Prior to joining Jayud, Ms. Hu served as Financial Director at Shihua Youshi Education Technology (Shenzhen) Co., Ltd., where she developed and implemented financial strategies [4] - Ms. Hu holds a Bachelor's degree in Economics with a specialization in International Finance from Shenyang University of Technology and is fluent in Chinese, Cantonese, and English [5] Strategic Vision - Ms. Hu expressed her commitment to driving sustainable growth and optimizing financial strategies to enhance operational efficiency and create additional value for shareholders and customers [3]

Core Points - Jayud Global Logistics Limited has regained compliance with Nasdaq's minimum bid price requirement, closing the prior deficiency matter [1] - The company's common stock maintained a minimum closing bid price of $1.00 or more for at least ten consecutive business days [1] Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services [2] - The company operates globally with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents [2] - Jayud offers a comprehensive range of services including freight forwarding, supply chain management, and other value-added services [2] - The company emphasizes strong service capabilities and proprietary IT systems to provide customized logistics solutions [2]