Core Insights - Jayud Global Logistics Limited has acquired a controlling 52% stake in the Longgang Cross-Border E-Commerce Center, enhancing its operational control and positioning it as a leader in cross-border e-commerce logistics in Shenzhen [1][5]. Company Overview - Jayud Global Logistics Limited is a prominent end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services. The company operates globally with logistics facilities across major transportation hubs in China and 16 countries on six continents [5]. Operational Highlights - The Longgang Cross-Border E-Commerce Center processed 13,978 full-size containers with an export value of USD 4.6 billion in 2024, handling 83,000 tons of cargo and 270 million parcels [3]. - As of September 30, 2025, the Center processed 6,863 full-size containers with a cumulative export value of USD 2.45 billion, totaling 44,129 tons of goods and 46.91 million parcels, indicating its growing significance in China's cross-border e-commerce supply chain [4]. Strategic Initiatives - The acquisition allows the company to implement strategic initiatives such as technology upgrades for real-time tracking, enhanced bonded logistics capabilities, and partnerships for international expansion, aligning with its vision to strengthen its presence in high-growth e-commerce zones [2][5]. Industry Context - In 2024, Shenzhen's cross-border e-commerce imports and exports reached 372 billion RMB, maintaining its position as the top city in China for three consecutive years, with over 150,000 cross-border e-commerce export enterprises [7].
Jayud Global Logistics Assumes Controlling Interest in Longgang Cross-Border E-Commerce Center