Jayud Global Logistics Secures Major Funding for Expansion Efforts
Jayud Global Logistics Secures Funding for Charter Flights
Jayud Global Logistics Limited (NASDAQ: JYD), a top player in supply chain solutions based in Shenzhen, has made headlines with its recent achievement of securing a government subsidy amounting to RMB 30,258,086, which translates to approximately USD 4.2 million.
Details of the Subsidy
This substantial funding from the Shenzhen Transportation Bureau is linked to two specific charter flight routes that the company operated between 2022 and 2023 as a part of their expanded air freight services.
Routes Benefiting from the Subsidy
The financial support pertains to the following charter routes:
- Shenzhen-Clark Route: RMB 17.28 million
- Shenzhen-Davao Route: RMB 12.98 million
Company's Strategic Expansion
Jayud first submitted its application for cargo aircraft subsidies in March 2023, and the final amounts were determined in March 2025 after careful adjustments due to the overwhelming volume of requests exceeding available funds.
This government backing is a pivotal validation of Jayud's strategic initiatives in expanding their charter flight operations, according to Xiaogang Geng, the Chairman and CEO of Jayud. He mentioned, “This significant recognition emphasizes our value in enhancing Shenzhen's logistics infrastructure and will positively influence our financial performance.”
Impact on Financial Performance
The company anticipates a positive effect on its revenue and overall financial results for the current fiscal year, highlighting the strategic importance of these operations in their business model.
About Jayud Global Logistics Limited
Jayud Global Logistics is recognized as one of Shenzhen's preeminent end-to-end supply chain solution providers. It specializes in cross-border logistics services and operates from a unique geographical position, enabling efficient management of ocean, air, and overland logistics.
With a robust international operational framework that extends across 12 provinces in Mainland China and 16 countries worldwide, Jayud offers comprehensive solutions such as freight forwarding and supply chain management, bolstered by innovative IT systems. Their commitment to customizing logistics solutions has fostered enduring partnerships within their clientele.
Contact Information
For inquiries or more details, please reach out to:
Jayud Global Logistics Limited
Investor Relations Department
Email: ir@jayud.com
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
Frequently Asked Questions
1. What is the purpose of the subsidy received by Jayud Global Logistics?
The subsidy is intended to support the company's charter flight operations, helping to enhance their air freight services and expand their logistical capabilities.
2. How significant is the subsidy amount?
Jayud Global Logistics received a total of RMB 30,258,086, equivalent to approximately USD 4.2 million, marking a key financial boost for the company.
3. Which routes are funded by this subsidy?
The funding covers the Shenzhen-Clark and Shenzhen-Davao charter flight routes, with allocations of RMB 17.28 million and RMB 12.98 million, respectively.
4. Who is the CEO of Jayud Global Logistics?
Xiaogang Geng is the CEO and Chairman of the Board at Jayud Global Logistics, leading the company through its recent expansion efforts.
5. How does this funding impact Jayud's financial performance?
The company expects the subsidy to have a positive effect on its revenue and overall financial outcomes for the current fiscal year, supporting its growth in the logistics sector.
About The Author
Contact Lucas Young privately here. Or send an email with ATTN: Lucas Young as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.