Jayud Announces Entry into Agreements to Acquire Two International Logistics Companies, Embarking on an Acquisition Strategy to Expand Service Offerings and Geographic Footprint

January 23, 2024

https://www.prnewswire.com/news-releases/jayud-announces-entry-into-agreements-to-acquire-two-international-logistics-companies-embarking-on-an-acquisition-strategy-to-expand-service-offerings-and-geographic-footprint-302041904.html

SHENZHEN, China, Jan. 23, 2024 /PRNewswire/ — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics, today announced that Shenzhen Jayud Logistics Technology Co., Ltd., a wholly-owned subsidiary of Jayud in China, entered into equity purchase agreements to acquire 51% stakes in two international logistics companies, respectively, namely Qingdao Oranda Supply Chain Management Co., Ltd., and Shenzhen Jiniu International Logistics Co., Ltd.

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