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Jayud Global Logistics Receives Nasdaq Notification of Non-Compliance with Listing Rule 5550(b)(1)
JYDJayud Logistics (JYD) Newsfilter·2024-05-03 20:30

Core Viewpoint - Jayud Global Logistics Limited has received a notification from Nasdaq regarding non-compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market, necessitating a compliance plan submission within 45 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, offering services such as freight forwarding and supply chain management [2] - Jayud leverages its strong service capabilities and proprietary IT systems to provide customized logistics solutions and maintain long-term customer relationships [2]