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Jayud Global Logistics Signs 3-Year Partnership with DBG Technology Subsidiary Guangdong Electronics

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Jayud Global Logistics (NASDAQ: JYD) signed a three-year cooperation agreement with Guanghong Electronics, a DBG Technology subsidiary, to provide land and air freight plus customs services 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.

DBG reported 2024 revenue of 6.88 billion RMB (~US$982 million). The agreement is positioned to improve supply chain efficiency and speed for consumer electronics and automotive components.

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Positive

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Negative

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Key Figures

Agreement term: 3 years DBG 2024 revenue: 6.88 billion RMB DBG 2024 revenue (USD): US$982 million
3 metrics
Agreement term 3 years Cooperation agreement with Guanghong Electronics
DBG 2024 revenue 6.88 billion RMB DBG Technology 2024 revenue scale
DBG 2024 revenue (USD) US$982 million DBG Technology 2024 revenue equivalent

Market Reality Check

Price: $2.58 Vol: Volume 440,811 is 3.1x th...
high vol
$2.58 Last Close
Volume Volume 440,811 is 3.1x the 20-day average of 142,063, indicating elevated pre-news activity. high
Technical Price at 2.58 is trading below the 200-day MA of 7.49, reflecting a longer-term downtrend.

Peers on Argus

JYD gained 4.03% while peers were mixed: CJMB -4.52%, PSIG +1.82%, LSH +9.18%, N...
1 Up

JYD gained 4.03% while peers were mixed: CJMB -4.52%, PSIG +1.82%, LSH +9.18%, NCEW -5.23%, GVH +5.92%. Momentum scanner only flagged ATXG up 5.78% without news, suggesting JYD’s move was stock-specific rather than a sector-wide logistics rotation.

Previous Partnership Reports

2 past events · Latest: Oct 22 (Positive)
Same Type Pattern 2 events
Date Event Sentiment Move Catalyst
Oct 22 Logistics partnership Positive -9.6% Annual freight logistics agreement with Anker across Southeast Asia and North America.
Jul 23 E-commerce partnership Positive -0.8% Strategic cooperation with Lazbao to build chartered air services in Southeast Asia.
Pattern Detected

Partnership announcements have historically been followed by negative price reactions despite their strategic framing, indicating a pattern of market skepticism toward this news type for JYD.

Recent Company History

Over recent months, Jayud has emphasized expanding cross-border capabilities and strategic relationships. Prior partnership deals with Anker Innovations and Lazbao Group aimed to deepen exposure to electronics and Southeast Asian e‑commerce logistics, yet shares moved -9.58% and -0.75% after those releases. Against that backdrop, the new three‑year cooperation with DBG’s Guanghong Electronics continues the focus on large electronics customers and cross‑border routes, especially China–Hong Kong and broader Asia expansion.

Historical Comparison

partnership
-5.2 %
Average Historical Move
Historical Analysis

In the past, JYD’s partnership announcements led to an average move of -5.17%. Today’s +4.03% reaction to the DBG cooperation contrasts with that prior pattern.

Typical Pattern

Partnerships have evolved from e-commerce (Lazbao) and consumer electronics (Anker) toward a broader EMS relationship with DBG’s Guanghong Electronics, reinforcing Jayud’s role in electronics-focused cross-border logistics.

Market Pulse Summary

This announcement highlights a three‑year logistics agreement with DBG’s Guanghong Electronics, tyin...
Analysis

This announcement highlights a three‑year logistics agreement with DBG’s Guanghong Electronics, tying Jayud more closely to a 2024 revenue base of 6.88 billion RMB. It extends Jayud’s role in electronics and automotive supply chains across China–Hong Kong and into India and Vietnam. In context with prior partnerships, investors may watch for disclosed shipment volumes, route expansions, and customer concentration metrics to gauge how much this deal contributes to revenue diversification and operational scale.

Key Terms

electronic manufacturing services (ems)
1 terms
electronic manufacturing services (ems) technical
"DBG, a prominent Electronic Manufacturing Services (EMS) provider with 2024 revenue..."
Electronic manufacturing services (EMS) are third-party companies that build, test, and sometimes design electronic products for other businesses, handling tasks like circuit assembly, component sourcing and final testing. Think of them as contract chefs who take a recipe, buy the ingredients, cook and plate the meal so the restaurant can serve customers without running the kitchen. For investors, EMS providers matter because they influence product cost, speed to market, supply-chain risk and a client’s ability to scale, all of which affect revenue and profit margins.

AI-generated analysis. Not financial advice.

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




1 Approximately US$1 = 7 RMB



FAQ

What does the three-year Jayud (JYD) agreement with Guanghong Electronics cover?

It covers comprehensive logistics services including land and air freight plus customs processes between China and Hong Kong. According to the company, the agreement will support cross-border transport, customs clearance, and related supply chain services to improve shipment speed and reliability.

How does the Jayud (JYD) deal support DBG Technology’s global expansion?

The deal supports DBG’s expansion by enhancing logistics capacity and cross-border connectivity to Hong Kong, India, and Vietnam. According to the company, Jayud’s network and customs expertise aim to enable smoother movement of goods as Guanghong scales international manufacturing and distribution.

Is the Jayud (JYD) agreement financially material given DBG’s size?

The agreement is a signed three-year commercial partnership but no financial terms were disclosed in the announcement. According to the company, the collaboration will leverage logistics scale; the announcement does not state revenue, fees, or expected monetary impact.

Which services will Jayud (JYD) provide under the Guanghong Electronics contract?

Jayud will provide land and air freight services plus full customs-related processes for China-to-Hong Kong shipments. According to the company, these services include end-to-end transport coordination, customs clearance, and logistics support for consumer electronics and automotive components.

What is the significance of DBG Technology’s 2024 revenue to Jayud (JYD)?

DBG reported 2024 revenue of 6.88 billion RMB (~US$982 million), indicating a sizable customer footprint for logistics services. According to the company, partnering with a large EMS provider could offer steady business volume and opportunities to support major brand supply chains.
Jayud Global Logistics Limited

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