Jayud Global Logistics (NASDAQ: JYD) enacts 50‑to‑1 share combination and raises par value
Rhea-AI Filing Summary
Jayud Global Logistics Limited is implementing a 50‑to‑1 share combination of its ordinary shares, so that every 50 existing shares (or part thereof) will be combined into one new share, with any fractional result rounded up to the next whole share. Following this change, the authorized share capital will move from US$50,000 divided into 500,000,000 shares of par value US$0.0001 each to US$2,500,000 divided into the same 500,000,000 shares, now with a higher par value of US$0.005 per share, across 480,000,000 Class A and 20,000,000 Class B ordinary shares. The Company’s Class A ordinary shares will begin trading on the Nasdaq Stock Market on a post‑combination basis once Nasdaq confirms the effective date and the new CUSIP number is eligible, after which the Company plans to issue a press release.
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Insights
Jayud is enacting a 50‑for‑1 share consolidation and raising par value.
The board of Jayud Global Logistics Limited approved a 50‑to‑1 share combination that consolidates every 50 ordinary shares into one, rounding any fractions up. This kind of action changes the number of shares each investor holds while keeping their proportional ownership broadly aligned, absent other changes.
At the same time, authorized share capital will shift from US$50,000 at par value US$0.0001 per share to US$2,500,000 at par value US$0.005 per share, with the total authorized shares remaining 500,000,000 across Class A and Class B. The filing states that Class A ordinary shares will trade on a post‑combination basis on Nasdaq once Nasdaq confirms the effective date and the new CUSIP number, so the operational impact becomes visible when that trading transition occurs.