Correction: Jayud Global Logistics Signs 3-Year Partnership with DBG Technology Subsidiary Guanghong Electronics

Rhea-AI Summary

Jayud Global Logistics (NASDAQ: JYD) signed a three-year cooperation agreement with Guanghong Electronics, a wholly-owned subsidiary of DBG Technology, to provide comprehensive logistics and transportation services including land and air freight and customs processes between China and Hong Kong.

The deal aims to support Guanghong’s expansion into Hong Kong, India, and Vietnam and leverage Jayud’s cross-border network to improve supply-chain efficiency.

SHENZHEN, China, Feb. 10, 2026 (GLOBE NEWSWIRE) --  Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solutions provider based in Shenzhen specializing in cross-border logistics, today announced that it has signed a three-year cooperation agreement (the “Agreement”) with Guanghong Electronics, a wholly-owned subsidiary of DBG Technology Co., Ltd. (300735.SZ). The Agreement focuses on providing comprehensive logistics and transportation services, including land and air freight from China to Hong Kong, as well as customs-related processes.

This collaboration leverages Jayud's extensive logistics network and expertise in cross-border trade to support DBG Technology's expanding global operations. DBG, a prominent Electronic Manufacturing Services (EMS) provider with 2024 revenue of 6.88 billion RMB (approximately US$982 million¹), serves top-tier brands such as Huawei, Xiaomi, and Honor, as well as major automotive leaders like BMW and Volkswagen through Tier-1 suppliers. The Agreement is expected to enhance the efficiency and reliability of Guanghong Electronics’ supply chainas it expands its footprint in Hong Kong, India, and Vietnam, where Jayud provides significant logistics support. Transportation plans from China to Hong Kong by land and air, as well as full customs processes, will be part of the services offered which, in turn, is expected to enable a smoother and quicker movement of goods.

“This Agreement with Guanghong Electronics demonstrates our commitment to delivering high-quality, end-to-end supply chain solutions that support our clients’ global growth," said Xiaogang Geng, Chairman and Chief Executive Officer of Jayud. “By combining our cutting-edge logistics services with Guanghong Electronics’ cutting-edge manufacturing, we intend to  create a powerful synergy that will make the consumer electronics and automotive supply chains more efficient and resilient. We are excited to support DBG's international expansion and contribute to the continued success of our partners.”

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. The Company benefits from unique geographic advantages that provide a high degree of support for ocean, air, and overland logistics. A Verified Supplier by Alibaba.com, Jayud has established a global operation network featuring logistics facilities at major transportation hubs in China and around the world, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solutions, 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. 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 Limited
Investor Relations Department
Email: ir@jayud.com 

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

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¹ Approximately US$1 = 7 RMB

FAQ

What did Jayud (JYD) announce on February 10, 2026 regarding Guanghong Electronics?

Jayud announced a signed three-year cooperation agreement to provide logistics and customs services. According to Jayud, the agreement covers land and air freight from China to Hong Kong and full customs-related processes to support Guanghong Electronics’ cross-border operations.

How will the Jayud and Guanghong Electronics (JYD) partnership affect logistics to Hong Kong, India, and Vietnam?

The partnership is expected to streamline cross-border shipments and customs procedures for those markets. According to Jayud, the services include coordinated land and air transportation and customs handling to enable faster, more reliable movement of goods into Hong Kong, India, and Vietnam.

Does the agreement between Jayud (JYD) and Guanghong Electronics specify financial terms or contract value?

The announcement does not disclose specific financial terms or a contract value for the three-year agreement. According to Jayud, the statement focuses on scope of services and geographic support rather than monetary details or revenue impact.

Which customers and markets does DBG Technology’s Guanghong Electronics serve that relate to the Jayud (JYD) deal?

Guanghong Electronics serves major consumer electronics and automotive customers, which the logistics deal supports. According to Jayud, DBG’s 2024 revenue was 6.88 billion RMB and it supplies brands like Huawei, Xiaomi, Honor, BMW, and Volkswagen via Tier-1 suppliers.

What services will Jayud (JYD) provide under the three-year cooperation agreement with Guanghong Electronics?

Jayud will provide end-to-end logistics including land and air freight and full customs processes. According to Jayud, these services are intended to leverage its cross-border logistics network to improve shipment speed and supply-chain reliability for Guanghong Electronics.