Congratulations to Jayud Global Logistics Ltd. (JYD.US) on its successful Listing

Jayud Global Logistics Ltd. (“Jayud”) has been successfully listed on NASDAQ on 21 April 2023. AVISTA Group is honoured to be engaged in providing valuation services in relation to company’s equity value.

Jayud is a leading Shenzhen-based end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services, including freight forwarding services, supply chain management, and other value-added services.

According to the Frost & Sullivan Report, in 2021, Jayud ranked fifth in terms of the revenues generated from providing end-to-end cross-border supply chain solution among all end-to-end supply chain solution providers based in Shenzhen. Headquartered in Shenzhen, a key component of the Greater Bay Area, in China, Jayud benefits from the unique geographical advantages of providing high degree of support for ocean, air and overland logistics. A well-connected transportation network enables Jayud to significantly increase efficiency and reduce transportation costs.

Source: Jayud Global Logistics Ltd. official website

With the global end-to-end cross-border supply chain solution market experienced a soaring growth during the past two years, Jayud experienced a rapid growth in 2020 and 2021 as well as the six months ended June 30, 2022, with gross profit increased by 161.4%, from RMB11.8 million in 2021 to RMB30.9 million for the six months ended June 30, 2022.

In the future, Jayud plans to use the net proceeds from this offering to supplement their operating cash flow, leasing or purchasing warehouse that have strategic importance to their business operation on a long-term basis, adding new chartered services in key trade lines, operating their overseas business entities, branches and offices and for overseas investment and potential mergers and acquisitions.

Congratulations again to Jayud Global Logistics Ltd. (JYD.US) on its successful listing. The issue price is USD 4.0 per share, and the amount of funds raised is USD 5.0 million.

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