SHENZHEN, China, June 07, 2024 (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 it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on June 6, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until December 3, 2024, to regain compliance with the minimum bid price requirement.

Fri, Jun. 07, 2024

Hosted Event with Local Government Officials, Taxation Bureau, and Customs Officials to Educate and Promote the Center SHENZHEN, China, May 21, 2024 (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 the Longgang e-Commerce Operation Center (the “Center”), owned by Shenzhen Kuaiyou Tech Company, of which Jayud is an investor and the operator, located at Jayud's new headquarters in the Longgang District, has received official certification from China Customs, marking a significant step forward in the Company's e-commerce logistics capabilities. Since February 2024, the Center has been operating and processing approximately 15 containers daily, handling products under customs supervision code “9610,” which are suitable for small cross-border packets utilized by major e-commerce platforms such as Temu, Shein, and TikTok.

Tue, May. 21, 2024

SHENZHEN, China, May 03, 2024 (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 on May 1, 2024, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires companies listed on Nasdaq Capital Market to maintain stockholders' equity of at least $2,500,000. In accordance with Nasdaq Marketplace Rule 5810(c)(2)(A), the Company has 45 calendar days (no later than June 17, 2024) to submit a plan to regain compliance. The Company intends to submit a compliance plan within 45 days of the date of the notification and will evaluate available options to resolve the deficiency and regain compliance. If its plan is accepted, the Company can be granted an extension of up to 180 calendar days from May 1, 2024 to evidence compliance. The notification letter has no immediate impact on the listing of the Company's ordinary shares, which will continue to be listed and traded on The Nasdaq Capital Market.

Fri, May. 03, 2024

SHENZHEN, China , Jan. 23, 2024 /PRNewswire/ -- 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 Shenzhen Jayud Logistics Technology Co., Ltd., a wholly-owned subsidiary of Jayud in China, entered into equity purchase agreements to acquire 51% stakes in two international logistics companies, respectively, namely Qingdao Oranda Supply Chain Management Co., Ltd.

Tue, Jan. 23, 2024

New Charter Service from Shenzhen to Clark, Philippines, with Over 100 Round Trips Planned to Boost Cargo Capacity and Trade Relations SHENZHEN, China , Dec. 19, 2023 /PRNewswire/ -- 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 a significant new air charter service agreement with Jiangsu Jingdong Cargo Airlines ("JD Airlines"), a distinguished cargo airline based in China (the "Agreement"). This agreement marks a substantial expansion of Jayud's air freight capabilities.

Tue, Dec. 19, 2023