Jayud Global Logistics Notified by Nasdaq of Minimum Bid Price Non-Compliance
SHENZHEN, China, May 23, 2025 – Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a prominent Shenzhen-based provider of end-to-end supply chain solutions specializing in cross-border logistics, announced today that it received a notification (the “Notice”) from Nasdaq on May 15, 2025. The Notice indicated that the Company doesn’t meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market, as its ordinary shares’ closing bid price was below $1.00 for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of $1.00 per share, and Rule 5810(c)(3)(A) states that a deficiency exists if this requirement isn’t met for 30 consecutive business days. The Notice grants the Company 180 calendar days, until November 11, 2025, to regain compliance.
This announcement is made in accordance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of deficiency notifications. The Notice does not immediately impact the Company’s operations or the listing of its ordinary shares, which will continue trading on the Nasdaq under the ticker “JYD.” The Company has until November 11, 2025, to regain compliance. If the Company’s share price closes at or above $1.00 for at least 10 consecutive business days before then, Nasdaq will confirm compliance in writing. If compliance isn’t achieved by November 11, 2025, the Company may be eligible for additional time or face delisting.
About Jayud Global Logistics Limited
Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider in Shenzhen, China, specializing in cross-border logistics services. Headquartered in Shenzhen, the Company leverages its favorable location to support ocean, air, and overland logistics. It has a global network with logistics facilities in major transportation hubs across China and in 16 countries across six continents. Jayud provides a comprehensive suite of cross-border supply chain solutions, including freight forwarding, supply chain management, and other value-added services. With strong service and R&D capabilities in proprietary IT systems, the Company delivers customized, efficient logistics solutions and fosters long-term customer relationships. More information is available on the Company’s website: .
Forward-Looking Statements
This announcement contains forward-looking statements involving risks and uncertainties. These statements are based on the Company’s current expectations and projections regarding future events that may affect its financial condition, operating results, business strategy, and financial needs, including the successful completion of the Offering. These statements can be identified by terms like “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “is/are likely to”, “potential”, “continue” and similar expressions. The Company is not obligated to update or revise these statements to reflect new events, circumstances, or changes in expectations, except as required by law. While the Company believes these expectations are reasonable, it cannot guarantee their accuracy and cautions investors that actual results may differ materially. Investors are encouraged to review other factors that may affect the Company’s future results in its registration statement and other SEC filings.
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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