Jayud Global Logistics Limited (NASDAQ:JYD) saw its shares climb 5.4% in Tuesday’s premarket session after announcing that it has secured a controlling 52% stake in the Longgang Cross-Border E-Commerce Center, shifting from a minority position to full operational authority.
The move gives the Shenzhen-based logistics and supply chain provider leadership over one of the region’s key cross-border e-commerce processing hubs, located in Shenzhen’s Longgang District.
The Longgang facility serves as an integrated logistics center, offering bonded warehousing, customs services, freight forwarding, and digital supply chain tools. Jayud plans to roll out a series of upgrades, including enhanced tracking infrastructure, boosted bonded logistics capabilities, and expanded international cooperation.
“Acquiring a controlling interest in the Longgang Cross-Border E-Commerce Center represents a pivotal step in consolidating our leadership in Shenzhen’s vibrant logistics landscape. This move will enable us to accelerate and scale our operations to meet the surging demand for cross-border solutions,” said Xiaogang Geng, Chairman and CEO of Jayud.
The Center handled 13,978 full-size containers in 2024, generating $4.6 billion in export value — equivalent to 83,000 tons of goods and 270 million parcels. For the period ending September 30, 2025, throughput stood at 6,863 containers worth $2.45 billion, totaling 44,129 tons and 46.91 million parcels.
This acquisition supports Jayud’s broader plan to deepen its presence in fast-growing e-commerce logistics zones, positioning the company to benefit from increased shipping volumes and operational synergies.