Jayud Global Logistics Expands U.S. Operations with Strategic Acquisitions in California and Georgia
Jayud Global Logistics Limited - Class A Ordinary Shares (JYD)
Company Research
Source: GlobeNewswire
SHENZHEN, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- 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 the acquisition of significant stakes in two key logistics facilities in California and a licensed customs brokerage firm in Georgia. These strategic investments are part of Jayud's ongoing efforts to expand its operational footprint in the United States and enhance its comprehensive suite of logistics services. Jayud has acquired a 20% stake in a 70,000 sq.ft. warehouse located in Rialto, California, and a 49% stake in a 50,000 sq.ft. warehouse located in Chino, California. These facilities are located in major logistics hubs in California, enhancing Jayud’s capacity to manage and streamline supply chains in one of the U.S.'s busiest trade corridors. In addition to the warehouse investments, Jayud has secured a 10% stake in LD Global
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Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form SC
- 10/28/24 - Form SC
- JYD's page on the SEC website