Jayud Global Logistics Expands U.S. Operations with Strategic Acquisitions in California and Georgia
Jayud Global Logistics (NASDAQ: JYD) has announced strategic acquisitions in the United States, including a 20% stake in a 70,000 sq.ft. warehouse in Rialto, California, a 49% stake in a 50,000 sq.ft. warehouse in Chino, California, and a 10% stake in LD Global Logistics Inc., a licensed customs broker in Georgia. The company issued 3,365,588 Class A ordinary shares as consideration for these acquisitions. These investments aim to expand Jayud's operational footprint in the U.S. and enhance its comprehensive logistics services, particularly in key trade corridors and the southeastern United States.
Jayud Global Logistics (NASDAQ: JYD) ha annunciato acquisizioni strategiche negli Stati Uniti, tra cui una partecipazione del 20% in un magazzino di 70.000 piedi quadrati a Rialto, California, una partecipazione del 49% in un magazzino di 50.000 piedi quadrati a Chino, California, e una partecipazione del 10% in LD Global Logistics Inc., un broker doganale autorizzato in Georgia. L'azienda ha emesso 3.365.588 azioni ordinarie di Classe A come controvalore per queste acquisizioni. Questi investimenti mirano ad ampliare la presenza operativa di Jayud negli Stati Uniti e a migliorare i suoi servizi di logistica integrata, in particolare nei principali corridoi commerciali e nel sud-est degli Stati Uniti.
Jayud Global Logistics (NASDAQ: JYD) ha anunciado adquisiciones estratégicas en los Estados Unidos, incluyendo una participación del 20% en un almacén de 70,000 pies cuadrados en Rialto, California, una participación del 49% en un almacén de 50,000 pies cuadrados en Chino, California, y una participación del 10% en LD Global Logistics Inc., un agente de aduanas licenciado en Georgia. La compañía emitió 3,365,588 acciones ordinarias Clase A como contraprestación por estas adquisiciones. Estas inversiones tienen como objetivo expandir la huella operativa de Jayud en EE.UU. y mejorar sus servicios logísticos integrales, especialmente en corredores comerciales clave y en el sureste de los Estados Unidos.
Jayud Global Logistics (NASDAQ: JYD)는 미국에서 전략적 인수 발표를 하였으며, 여기에는 캘리포니아 리알토에 위치한 70,000 평방피트 규모의 창고의 20% 지분, 캘리포니아 치노에 위치한 50,000 평방피트 규모의 창고의 49% 지분, 그리고 조지아의 면허를 가진 세관 중개업체인 LD Global Logistics Inc.의 10% 지분이 포함됩니다. 회사는 이러한 인수에 대한 대가로 3,365,588주 클래스 A 보통주를 발행했습니다. 이 투자들은 Jayud의 미국 내 운영 범위를 확장하고, 핵심 무역 복도 및 미국 남동부에서의 포괄적인 물류 서비스를 향상시키는 것을 목표로 하고 있습니다.
Jayud Global Logistics (NASDAQ: JYD) a annoncé des acquisitions stratégiques aux États-Unis, y compris une participation de 20 % dans un entrepôt de 70 000 pieds carrés à Rialto, Californie, une participation de 49 % dans un entrepôt de 50 000 pieds carrés à Chino, Californie, et une participation de 10 % dans LD Global Logistics Inc., un commissionnaire en douane agréé en Géorgie. La société a émis 3 365 588 actions ordinaires de Classe A en contrepartie de ces acquisitions. Ces investissements visent à élargir l'empreinte opérationnelle de Jayud aux États-Unis et à améliorer ses services logistiques globaux, en particulier dans les principaux couloirs commerciaux et le sud-est des États-Unis.
Jayud Global Logistics (NASDAQ: JYD) hat strategische Akquisitionen in den Vereinigten Staaten angekündigt, darunter eine 20%ige Beteiligung an einem 70.000 Quadratfuß großen Lager in Rialto, Kalifornien, eine 49%ige Beteiligung an einem 50.000 Quadratfuß großen Lager in Chino, Kalifornien, sowie eine 10%ige Beteiligung an LD Global Logistics Inc., einem lizenzierten Zollagenten in Georgia. Das Unternehmen hat 3.365.588 Stammaktien der Klasse A als Gegenleistung für diese Akquisitionen ausgegeben. Diese Investitionen zielen darauf ab, die betriebliche Präsenz von Jayud in den USA zu erweitern und die umfassenden Logistikdienstleistungen zu verbessern, insbesondere in wichtigen Handelswegen und im Südosten der Vereinigten Staaten.
- Strategic expansion into key U.S. logistics hubs
- Acquisition of significant warehouse capacity (120,000 sq.ft. total)
- Enhanced customs brokerage capabilities through LD Global Logistics stake
- Geographic diversification across multiple U.S. regions
- Share dilution due to issuance of 3,365,588 Class A ordinary shares
- Minority stake positions (10-49%) limit operational control
Insights
The strategic acquisitions significantly enhance Jayud's U.S. logistics capabilities. The 120,000 sq.ft. combined warehouse space in California's prime logistics hubs positions the company to capitalize on trans-Pacific trade flows. The stakes in California warehouses (20% and 49%) provide critical infrastructure in the nation's busiest import gateway. The 10% stake in LD Global Logistics adds valuable customs brokerage capabilities and trucking assets in the Southeast, creating a bi-coastal presence.
The all-stock transaction using 3,365,588 Class A shares demonstrates a capital-efficient expansion strategy. This multi-facility acquisition addresses key operational bottlenecks in U.S.-Asia trade lanes while diversifying revenue streams. The enhanced end-to-end service capabilities should drive customer retention and wallet share gains in the competitive cross-border logistics market.
SHENZHEN, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- 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 the acquisition of significant stakes in two key logistics facilities in California and a licensed customs brokerage firm in Georgia. These strategic investments are part of Jayud's ongoing efforts to expand its operational footprint in the United States and enhance its comprehensive suite of logistics services.
Jayud has acquired a
In addition to the warehouse investments, Jayud has secured a
The Company issued a total of 3,365,588 Class A ordinary shares as consideration for the three acquisitions.
"These acquisitions are a testament to our commitment to strengthen our global logistics network and enhance service offerings to our clients, particularly in the U.S. market," said Xiaogang Geng, Chairman of the Board and CEO of Jayud. "By integrating these assets into our portfolio, we are better positioned to offer end-to-end logistics solutions and meet the growing demand for efficient, reliable supply chain management in North America."
About Jayud Global Logistics Limited
Jayud Global Logistics Limited is one of the leading Shenzhen-based end-to-end supply chain solution providers in China, focusing on cross-border logistics services. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, including freight forwarding, supply chain management, and other value-added services. With its strong service capabilities and research and development capabilities in proprietary IT systems, the Company provides customized and efficient logistics solutions and develops long-standing customer relationships. For more information, please visit the Company’s website: https://ir.jayud.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “is/are likely to”, “potential”, “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
For more information, please contact:
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
FAQ
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