Jayud Global Logistics Strengthens Control in E-Commerce
Shenzhen-based Jayud Global Logistics Limited (NASDAQ: JYD) has successfully acquired a 52% controlling stake in the Longgang Cross-Border E-Commerce Center. This strategic move elevates the company from a minority position, enabling it to take the lead in managing operations and expanding the Center as a pivotal hub for cross-border logistics.
An Overview of the Longgang E-Commerce Center
The Longgang Cross-Border E-Commerce Center is more than just a logistics facility; it's a comprehensive complex integrating warehousing, customs clearance, freight forwarding, and advanced supply chain management. Perfectly positioned to leverage Shenzhen's strategic location as a global trade gateway, the Center is designed to meet the growing demands of cross-border e-commerce.
Strategic Growth Plans
With this controlling interest, Jayud plans to implement several strategic initiatives. These include significant technology upgrades aimed at enabling real-time tracking, enhancing bonded logistics capabilities, and forming partnerships for international market expansion. This move aligns seamlessly with Jayud's vision of solidifying its presence in booming e-commerce areas, which will ultimately increase throughput and generate revenue synergies.
Performance Highlights of the Center
In 2024, the Longgang Cross-Border E-Commerce Center achieved outstanding performance, successfully handling 13,978 full-size containers with a total export value of USD 4.6 billion. This impressive figure translated to 83,000 tons of cargo and 270 million parcels processed within the year, showcasing its capability in managing substantial volumes of cross-border shipments.
Continuing Momentum into 2025
As of September 30, 2025, the Center maintained its strong performance, processing 6,863 full-size containers and achieving a cumulative export value of USD 2.45 billion. The total goods processed reached 44,129 tons, along with 46.91 million parcels, underscoring Longgang's essential role in enhancing China's cross-border e-commerce supply chain.
Comments from Leadership
Mr. Xiaogang Geng, Chairman and CEO of Jayud Global Logistics Limited, remarked that acquiring a controlling interest in the Longgang Center is a critical step in reinforcing the company's leadership within Shenzhen's dynamic logistics landscape. He emphasized that this acquisition would allow Jayud to accelerate operations in response to the increasing demand for cross-border logistics solutions.
Shenzhen's Cross-Border E-Commerce Market
According to local authorities, Shenzhen has become a powerhouse for cross-border e-commerce. In 2024, the city achieved a remarkable milestone with cross-border imports and exports totaling 372 billion RMB, securing its position as first in China for the third consecutive year. Additionally, Shenzhen hosts over 150,000 cross-border e-commerce export enterprises and has attracted 80% of the world's top 20 e-commerce platforms to establish operations in the region.
About Jayud Global Logistics Limited
Jayud Global Logistics Limited stands out as a premier provider of end-to-end supply chain solutions, particularly focusing on cross-border logistics. The company's strategic positioning enables it to take advantage of robust support for ocean, air, and overland logistics services. With logistics facilities across key transportation hubs in China and around the globe, Jayud is well-prepared to offer a comprehensive array of solutions, including freight forwarding and supply chain management. Their strong IT capabilities and commitment to customer relationships enhance their service offerings, ensuring efficient and customized logistics solutions.
Frequently Asked Questions
What is Jayud Global Logistics' recent acquisition?
Jayud Global Logistics recently acquired a 52% controlling stake in the Longgang Cross-Border E-Commerce Center, enhancing its operational capabilities in logistics.
What services does the Longgang Cross-Border E-Commerce Center provide?
The Center offers integrated services including warehousing, customs clearance, freight forwarding, and digital supply chain management.
What notable achievements did the Center reach in 2024?
In 2024, the Center processed 13,978 full-size containers, with a total export value of USD 4.6 billion.
What is Jayud’s growth strategy moving forward?
Jayud plans to implement technology upgrades and form strategic partnerships to enhance its export capabilities and expand internationally.
How does Shenzhen’s market impact Jayud operations?
Shenzhen’s thriving cross-border e-commerce market creates significant opportunities for Jayud to increase throughput and revenue within a competitive landscape.
