Jayud Global Logistics Ltd

The company is a Shenzhen-based provider of end-to-end supply chain solutions in China, specializing in cross-border logistics services. Headquartered in Shenzhen, within the Greater Bay Area, the company leverages its geographical location for ocean, air, and overland logistics support and a well-connected transportation network to enhance efficiency and reduce costs. Shenzhen's dynamic environment and concentration of cross-border e-commerce market players provide a large customer base, fostering long-term customer relationships. The company also benefits from local economic growth and supportive government policies. For the years ended December 31, 2023, 2024, and 2025, total revenue was RMB497.9 million, RMB565.3 million, and RMB600.8 million (US$85.5 million), respectively. Gross loss amounted to RMB15.9 million and RMB11.2 million for 2023 and 2024, respectively, and gross profit was RMB20.1 million (US$2.9 million) for 2025. The company offers a comprehensive range of cross-border supply chain solution services, including freight forwarding services, supply chain management, and other value-added services. Freight forwarding services primarily consist of integrated cross-border logistics services, fragmented logistics services, and chartered airline freight services. Revenues from freight forwarding services for the years ended December 31, 2023, 2024, and 2025 were RMB342.6 million, RMB323.1 million, and RMB329.6 million (US$46.9 million), respectively.