Jayud Announces New Certification and Launch of Longgang E-Commerce Operation Center
May 21 2024 - 7:30AM
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. Code 9610,
also known as the "E-commerce B2C Direct Export" code, allows for
more efficient handling of small parcel exports, enabling quicker
delivery and reducing logistics costs for e-commerce businesses.
This capacity increased to 50 containers per day in April and is
expected to increase to 60-70 by the end of May, with a long-term
goal of reaching the designed capacity of 200 containers daily. By
integrating Jayud’s advanced logistics solutions with the
burgeoning needs of e-commerce platforms, the Company sets high
industry standards and provides unmatched service to its global
clientele.
Achieving official certification, the Longgang
e-Commerce Operation Center enhances Jayud’s revenue through
processing fees per container and strategically positions Jayud to
cross-sell its extensive range of services. These services include
customs declarations and comprehensive road, air, sea, and rail
shipping solutions, further solidifying Jayud’s position as a
one-stop solution for global e-commerce logistics.
To streamline and optimize logistics for
e-commerce, Jayud’s dedicated e-commerce solution team is
collaborating with Shenzhen Airport Customs and neighboring
Shenzhen Pinghu South Sino-Europe Railway. This collaboration aims
to refine the exporting process via Shenzhen Airport (SZX) air
cargo, and rail cargo ensuring a seamless and efficient customer
experience.
Xiaogang Geng, Chairman of the Board and Chief
Executive Officer of Jayud Global Logistics Limited commented, "The
Longgang e-Commerce Operation Center is a strategic addition to our
operations, enhancing our service efficiency and capacity in
e-commerce logistics. It reflects our commitment to operational
excellence and our focus on meeting the growing demands of global
e-commerce markets.”
Educational Event at the Longgang e-Commerce
Operation Center
Jayud hosted an educational event at the
Longgang e-Commerce Operation Center, bringing together industry
practitioners, entrepreneurs, and government representatives to
discuss the current state, opportunities, and challenges of the
cross-border e-commerce industry. Key topics included policy
support, tax incentives, compliance with international regulations,
and customs procedures. This event highlighted the role of the
Center in promoting e-commerce and cross-border commerce,
positioning it as a model for future development. An article with
pictures from the event can be found at:
https://mp.weixin.qq.com/s/dvhGIIRqLOb0GlV808bN0A.
About Jayud Global Logistics Limited
Jayud Global Logistics Limited is one of the
leading Shenzhen-based end-to-end supply chain solution providers
in China, focusing on cross-border logistics services.
Headquartered in Shenzhen, the Company benefits from the unique
geographical advantages of providing a high degree of support for
ocean, air, and overland logistics. The Company has established a
global operation nexus featuring logistic facilities throughout
major transportation hubs in China and globally, with footprints in
12 provinces in Mainland China and 16 countries across six
continents. Jayud offers a comprehensive range of cross-border
supply chain solution services, including freight forwarding,
supply chain management, and other value-added services. With its
strong service capabilities and research and development
capabilities in proprietary IT systems, the Company provides
customized and efficient logistics solutions and develops
long-standing customer relationships. For more information, please
visit the Company’s website: https://ir.jayud.com.
Forward-Looking Statements
Certain statements in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company’s current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy, and financial
needs, including the expectation that the Offering will be
successfully completed. Investors can identify these
forward-looking statements by words or phrases such as “may”,
“will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”,
“plan”, “believe”, “is/are likely to”, “potential”, “continue” or
other similar expressions. The Company undertakes no obligation to
update or revise publicly any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company’s
registration statement and other filings with the SEC.
For more information, please contact:
Jayud Global Logistics LimitedInvestor Relations
DepartmentEmail: ir@jayud.com
Investor Relations Contact:Matthew Abenante,
IRCPresidentStrategic Investor Relations, LLC Tel:
347-947-2093Email: matthew@strategic-ir.com
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