Jayud Global Issues Statement, Shares Gain
Jayud Global Logistics Limited (NASDAQ: JYD) shares moved into positive territory Thursday. The leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics issued the following statement in response to the market activity on April 1 and April 2:
“While it is the Company's practice not to comment on any stock movement, we must caution investors and all other persons to rely solely on statements and filings with the United States Securities and Exchange Commission issued by the Company itself or its authorized representatives. The Company does not intend to make further statements regarding this matter.”
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,” according to this morning’s news release, “the Company provides customized and efficient logistics solutions and develops long-standing customer relationships.”
JYD shares picked up two cents, or 6.7%, to 37 cents.
