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Jayud Global Logistics Assumes Controlling Interest in Longgang Cross-Border E-Commerce Center
Globenewswire· 2025-11-25 12:30
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 Subsidiary Receives CAAC Certification for Drone Pilot Training Operations
Globenewswire· 2025-11-19 12:30
Jiniu Aviation Services Expands Low-Altitude Economy Business with Guangdong Guangsheng Aviation Partnerships SHENZHEN, China, Nov. 19, 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, today announced that its majority-owned subsidiary, Shenzhen Jiniu Aviation Services Co., Ltd. ("Jiniu Aviation"), has received official certification from China's Civ ...
Jayud Global Logistics Secures Partnership with Anker Innovations for Comprehensive International Logistics Services
Globenewswire· 2025-10-22 12:30
Core Insights - Jayud Global Logistics Limited has entered into a comprehensive annual agreement with Anker Innovations Limited to provide international freight logistics services, enhancing its role as a key logistics provider for Anker's global operations [1][3][5] 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 operates globally with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents, offering a wide range of services including freight forwarding and supply chain management [6] Partnership Details - The agreement with Anker includes a variety of logistics services such as freight forwarding, cargo transportation, booking and tracking services, and customer support for product exception handling [3] - Jayud's expertise in lithium battery transportation and electronics logistics is particularly beneficial for Anker's product portfolio, which includes power banks and charging solutions [4] Strategic Importance - The partnership is seen as a significant milestone for Jayud, aligning with its strategy to serve major international technology brands and demonstrating its capability in handling complex logistics operations [5]
Jayud Global Logistics Achieves Profitability with Revenue Growth in First Half of 2025
Globenewswire· 2025-10-15 12:30
Core Insights - Jayud Global Logistics Limited is experiencing steady progress in its core operations, with year-over-year revenue growth and a return to profitability, driven by high-margin cross-border services and operational efficiencies [4][10] - The company anticipates a significant revenue surge in FY2026, supported by sustained demand in e-commerce and international trading segments [4] Financial Highlights - Total revenues for the first six months of 2025 increased by 3.7% year-over-year to $39.2 million, with the international trading segment contributing 42.9% of total revenues [5][10] - Net income reached $0.3 million, a recovery from a net loss of $2.7 million in the same period of the previous year [10] - Gross profit improved significantly due to enhanced cost controls and a shift towards value-added services [7] - The company received a government subsidy of approximately $4.2 million, which contributed to a 4.5% decrease in the cost of revenues [6][10] Operational Highlights - Key initiatives include the launch of an exclusive air cargo route between Fuzhou and Jakarta, which commenced operations on March 21, 2025, with three weekly flights [10] - The company is actively pursuing collaborations with industry partners to expand its service offerings and create new growth avenues [4] Balance Sheet Overview - As of June 30, 2025, total assets increased to $26.5 million, up from $25.7 million at the end of 2024 [11] - Current assets totaled $20.0 million, reflecting a 2.0% increase from the previous year [11] - Total liabilities stood at $15.1 million, with shareholders' equity attributable to Jayud at $12.8 million [11] Cash Flow Analysis - Cash flows from operating activities showed seasonal fluctuations, with net cash used amounting to $1.1 million for the first half of 2025 [19] - Investing activities utilized $0.2 million primarily for property, equipment, and intangible assets to enhance logistics infrastructure [8][9] - Financing activities resulted in a net cash usage of $0.6 million, driven by debt repayments [8]
Jayud Global Logistics Launches Cross-Border E-Commerce Hub at Ezhou Huahu Airport Economic Zone
Globenewswire· 2025-10-09 12:30
Core Insights - Jayud Global Logistics Limited has launched its cross-border e-commerce logistics hub at Ezhou Huahu Airport Economic Zone, marking a significant milestone in its investment agreement and operational capabilities [1][2][3] Company Developments - The newly operational facility positions Jayud as a key logistics operator in a strategically important aviation logistics hub, enhancing its ability to serve the growing cross-border e-commerce market [3][4] - The company has established a wholly foreign-owned subsidiary in the Ezhou Huahu Airport Economic Zone and plans to partner with at least 2 logistics enterprises and 15 cross-border e-commerce companies [2][4] - The facility aims to achieve an annual cross-border trade volume exceeding US$70 million [2] Government Support and Incentives - The agreement includes comprehensive government support, such as policy assistance, business registration help, and project approvals, aimed at accelerating the development of Jayud's operations [4] - Jayud will have reserved space at the airport's bonded logistics center for future expansion and may qualify for industrial development subsidies upon meeting performance milestones [4] Market Context - Ezhou Huahu Airport has seen significant growth, handling over 1.08 million tons of cargo and mail from January to September 2025, a 58% year-over-year increase, with international cargo throughput exceeding 360,000 tons, marking a 138% year-on-year surge [5] - The airport operated 27,600 cargo flights, ranking fourth in China, and has expanded its international air cargo network with 24 new cargo routes launched this year [5]
Jayud Global Logistics Announces Reverse Stock Split
Globenewswire· 2025-10-03 12:33
Core Points - Jayud Global Logistics Limited announced a reverse share split at a ratio of 1-for-50 and an increase in authorized share capital [1][2] - The reverse share split will take effect on October 13, 2025, with the new CUSIP number for Class A ordinary shares being G5084H111 [1] - The authorized share capital will increase to US$2,500,000, divided into 500,000,000 shares of par value US$0.005 each [2] Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics [3] - The company operates globally with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents [3] - Jayud offers a comprehensive range of services including freight forwarding, supply chain management, and value-added services, supported by proprietary IT systems [3]
基石资本抢滩西丽湖!7家拟赴港上市企业非交易路演吸睛又吸金
Sou Hu Cai Jing· 2025-06-05 15:52
Group 1 - The "X-Day" event held on June 5 showcased seven high-growth companies preparing for IPOs in Hong Kong, covering sectors such as wireless communication, AI marketing, cross-border logistics, biotechnology, and new materials, highlighting the innovation strength of Chinese enterprises on the global stage [1][3] - The event attracted nearly 200 potential cornerstone and anchor investors, including top investment institutions and international banks, facilitating 49 one-on-one closed-door meetings between investors and the presenting companies, significantly enhancing the precision and efficiency of capital matching [3][5] Group 2 - The Hong Kong stock market has seen a resurgence in 2024, with 23 companies completing IPOs and raising a total of 603.4 billion HKD, reclaiming its position as the world's leading market for IPOs [5] - Nanshan District has emerged as a hub for overseas listings, with 217 total listed companies, including 74 overseas listings (58 in Hong Kong), and has nurtured industry leaders like Tencent and Kingdee, as well as several "first in industry" companies [5][7] - The "X-Day" platform has become a vital capital matching brand in the Bay Area, having received 100 financing project applications and established partnerships with over 180 investment and financial institutions, facilitating significant equity and credit financing for participating companies [9]
Jayud Global Logistics Files 2024 Annual Report on Form 20-F
Globenewswire· 2025-04-23 20:15
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]
Jayud Global Logistics Launches Exclusive Chartered Air Cargo Service Between Fuzhou and Jakarta
Globenewswire· 2025-03-25 11:35
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].
LAKESIDE HOLDING ANNOUNCES A CONVERTIBLE DEBT FINANCING OF UP TO $4.5 MILLION
Prnewswire· 2025-03-05 22:08
Core Viewpoint - Lakeside Holding Limited has entered into a securities purchase agreement to sell senior secured convertible promissory notes for up to $4.5 million, aimed at enhancing its working capital and expanding its operations in the Asia-Pacific market [1][2]. Company Overview - Lakeside Holding Limited is a U.S.-based cross-border supply chain solution provider focusing on the Asia-Pacific market, operating through two subsidiaries: American Bear Logistics and Hupan Pharmaceutical (Hubei) Co., Ltd. [3][5]. - The company offers tailored logistics solutions across general and specialized sectors, enhancing its service capabilities [3]. Financial Details - The company plans to utilize the net proceeds from the offering for working capital purposes, with the initial closing of the first tranche resulting in gross proceeds of approximately $930,000 from a $1 million note and associated warrants [2]. - The notes have a 7% original issue discount and 40% warrant coverage, indicating a strategic financial maneuver to raise capital [1]. Subsidiary Operations - American Bear Logistics provides customized cross-border ocean and airfreight solutions, connecting Asia-based logistics service companies and e-commerce platforms with the U.S. market [4]. - The acquisition of Hupan Pharmaceutical (Hubei) Co., Ltd. enhances Lakeside's pharmaceutical logistics and distribution capabilities within China, reflecting its commitment to integrated cross-border logistics solutions [5].