Jayud Global Logistics Announces Entry into the North American Market with the Acquisition of HYTX Warehouse Inc. - Seite 2

This acquisition enables Jayud to offer one-stop services for drop shipping of small pieces, bulk forwarding, traditional goods, FBA goods, secondary sales of returns and label replacement, and last-mile delivery arrangements, catering to the diverse needs of overseas warehouses.

Xiaogang Geng, Chairman of the Board and CEO of Jayud, commented, "The acquisition of HYTX Warehouse is an important milestone for Jayud as we expand our global logistics network into the U.S. market. HYTX's extensive experience and innovative logistics solutions align perfectly with our mission to provide comprehensive, efficient, and high-quality logistics services worldwide.”

“This acquisition leans into the shifting dynamics in global e-commerce logistics, where North America has emerged as the leading revenue generator. With an anticipated annual growth rate of over 10% in the sector, our collaboration with HYTX positions us to capitalize on these opportunities. We are confident that this partnership will enhance our service offerings and further solidify our position as a leader in the global logistics industry.”

Annual Report on 20-F for Fiscal Year 2023 Now Available

Jayud has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission. The annual report can be accessed via the SEC's website at http://www.sec.gov and the Company’s investor relations website at https://ir.jayud.com/.

The Company will provide hard copies of its annual report, free of charge, to its shareholders upon request. Requests should be directed to the Company's Investor Relations Department at Jayud Global Logistics Limited, Building 3, No.7 Gangqiao Road, Li Lang Community Nanwan Street, Longgang District Shenzhen, China.

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. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, 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.