Jayud Global Logistics Limited announced on October 3, 2025, that its board of directors approved a 1-for-50 reverse share split on September 9, 2025. The company's Class A ordinary shares are scheduled to begin trading on an adjusted basis on October 13, 2025, under the existing ticker symbol 'JYD'.
Upon the effectiveness of the reverse share split, every fifty shares of the company's issued and outstanding Class A ordinary shares will automatically combine into one Class A ordinary share. The company's authorized share capital will change to US$2,500,000, divided into 500,000,000 shares of par value US$0.005 each.
Currently, there are 136,693,439 ordinary shares outstanding, which will be reduced to approximately 2,733,869 ordinary shares after the split. This action is intended to increase the per-share trading price to help the company regain compliance with Nasdaq's minimum bid price requirement.
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