Welcome to our dedicated page for Jayud Global Logistics news (Ticker: JYD), a resource for investors and traders seeking the latest updates and insights on Jayud Global Logistics stock.
Jayud Global Logistics Limited (JYD) delivers integrated cross-border logistics solutions and supply chain management services from its China operational base. This news hub provides investors and industry professionals with essential updates on corporate developments, strategic partnerships, and operational milestones.
Access timely announcements including quarterly earnings reports, new service launches, and regulatory filings. Our curated collection simplifies tracking JYD's progress in freight forwarding innovation and international trade facilitation.
Key coverage areas include technology implementations in logistics networks, cross-border expansion updates, and strategic collaborations enhancing global supply chain efficiency. All content is verified through primary sources to ensure reliability.
Bookmark this page for streamlined access to JYD's evolving market position. Monitor critical updates through our organized news repository designed for informed decision-making in dynamic logistics markets.
Jayud Global Logistics, a prominent supply chain solution provider in Shenzhen, announced the receipt of a notification from Nasdaq on June 6, 2024, regarding its non-compliance with the minimum bid price requirement. The company's stock closed below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of $1.00 per share, and failure to meet this for 30 days results in a deficiency notice.
Jayud has until December 3, 2024, to meet the minimum bid price requirement. Until then, its shares will continue trading on Nasdaq under the ticker 'JYD.' If the bid price reaches or exceeds $1.00 for 10 consecutive days before December 3, Nasdaq will confirm compliance. If compliance is not met, Jayud may qualify for an additional compliance period, provided other listing requirements are met.
Jayud Global Logistics announced that its Longgang e-Commerce Operation Center, in collaboration with Shenzhen Kuaiyou Tech, received official certification from China Customs. Since February 2024, the Center processes approximately 15 containers daily, increasing to 50 containers in April and projected to reach 60-70 containers by the end of May. The long-term goal is 200 containers daily. This certification enhances Jayud’s logistics capabilities, allowing efficient small parcel exports under customs code 9610, benefiting major e-commerce platforms like Temu, Shein, and TikTok. Jayud’s collaboration with Shenzhen Airport Customs and Shenzhen Pinghu South Sino-Europe Railway aims to streamline the exporting process, further supporting global e-commerce markets.
Jayud Global Logistics, a leading supply chain provider, received a notification from Nasdaq regarding non-compliance with the minimum stockholders' equity requirement. The company has 45 days to submit a plan to regain compliance or face potential delisting.
Jayud Global Logistics, listed as NASDAQ: JYD, has entered the North American market by acquiring a 51% controlling stake in HYTX Warehouse Inc. This move aligns with the growing e-commerce logistics sector, expected to reach a value of approximately US$788 billion by 2027, with North America surpassing APAC in revenue generation. The acquisition aims to capitalize on the robust global air cargo demand, driven by a thriving international market and booming e-commerce. The partnership with HYTX enhances Jayud's logistics network and service offerings, positioning the company as a leader in the global logistics industry.
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