Jayud Global Logistics Limited Class A ( (JYD) ) has issued an update.
Jayud Global Logistics Limited announced the termination of two significant share acquisition agreements. The first agreement, signed on April 30, 2024, involved acquiring a 51% stake in HYTX Warehouse Inc., which was terminated on March 18, 2025, with all parties waiving any claims. The second agreement, signed on October 26, 2024, involved a 20% equity interest in HYTX Warehouse No.11 LLC, which was terminated on December 24, 2024, due to strategic disagreements, and the issued shares were canceled on March 6, 2025. These terminations reflect strategic realignments and could impact the company’s operational strategy and stakeholder relationships.
More about Jayud Global Logistics Limited Class A
Jayud Global Logistics Limited operates in the logistics industry, focusing on providing comprehensive logistics solutions. The company is involved in acquiring and managing logistics assets and services, with a market focus on expanding its operational capabilities through strategic acquisitions.
YTD Price Performance: 39.10%
Average Trading Volume: 1,419,319
Technical Sentiment Consensus Rating: Sell
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