Jayud Global Logistics Meets Nasdaq Minimum Bid Price Requirement “`
SHENZHEN, China, Nov. 27, 2024 — Jayud Global Logistics Limited (NASDAQ: JYD), a Shenzhen-based leader in end-to-end supply chain solutions specializing in cross-border logistics, announced that Nasdaq has confirmed its regained compliance with the minimum bid price requirement (Nasdaq Listing Rule 5550(a)(2)).
The company’s common stock maintained a closing bid price of $1.00 or more for ten consecutive business days, fulfilling the requirement. Nasdaq considers this matter resolved.
About Jayud Global Logistics Limited
Jayud Global Logistics Limited is a leading Shenzhen-based provider of comprehensive supply chain solutions in China, concentrating on cross-border logistics. Its Shenzhen location offers significant advantages for ocean, air, and land logistics. The company operates globally, with facilities in major transportation hubs across 12 Chinese provinces and 16 countries on six continents. Jayud provides freight forwarding, supply chain management, and other value-added services, leveraging its expertise and proprietary IT systems to deliver customized, efficient solutions and build strong customer relationships.
Forward-Looking Statements
This announcement includes forward-looking statements, subject to risks and uncertainties, based on the company’s current expectations regarding its financial condition, results, strategy, and needs. Such statements, identifiable by words like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue,” or similar, involve inherent uncertainties. The company is not obligated to update forward-looking statements unless legally required. While the company believes these statements are reasonable, actual results could differ significantly. Investors should refer to the company’s registration statement and SEC filings for further information.
For more information, please contact:
Jayud Global Logistics Limited
Investor Relations Department
Email:
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
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