New Charter Service from Shenzhen to Clark, Philippines, with Over 100 Round Trips Planned
to Boost Cargo Capacity and Trade Relations
SHENZHEN, China, Dec. 19,
2023 /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 a significant new air charter service
agreement with Jiangsu Jingdong Cargo Airlines ("JD Airlines"), a
distinguished cargo airline based in China (the "Agreement"). This agreement marks
a substantial expansion of Jayud's air freight capabilities. This
Agreement between Jayud and JD Airlines built through the Agreement
is set to last for a year, with the potential for further
collaboration based on the success of the Shenzhen-to-Clark service.
The centerpiece of this Agreement is establishing a new charter
service on the Shenzhen-to-Clark,
Philippines (CRK) route. This
service is set to commence on December 16,
2023, with a commitment to operate at least 100 round trips
over the next year. This new route is expected to significantly
enhance the cargo capacity and efficiency between China and the
Philippines, reflecting the growing trade relations between
the two countries.
Xiaogang Geng, Chairman of the
Board and CEO of Jayud, commented, "As we embark on this exciting
new partnership with JD Airlines, we at Jayud are not just opening
a new route; we are rapidly expanding our service footprint while
narrowing the distances between cargo and end-markets. This
collaboration is a testament to our commitment to providing
efficient, reliable, innovative logistics solutions. The
Shenzhen-to-Clark service is the
next important step we are taking towards making a major impact in
the air cargo landscape and enhancing global trade
connectivity."
JD Airlines was formally established in 2019, making Nantong
Xingdong International Airport its primary operational hub. The
airline strategically centers its operations in key cities,
including Nantong, Beijing,
Shenzhen, Hangzhou, and Wuxi. It has a strategic
presence in the air cargo market across the three major domestic
economic sectors. Recently, JD Airlines successfully inaugurated
international cargo routes such as "Shenzhen = Ho Chi
Minh" and "Nanjing =
Dhaka". JD Airlines is committed
to concentrating on the international air cargo market,
constructing an independent, controllable, secure, and reliable air
cargo logistics network that spans both domestic and foreign
territories.
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
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SOURCE Jayud Global Logistics Limited