Jayud Global Logistics Limited announced on June 24, 2025, that it has received a government subsidy of RMB 30,258,086, approximately USD 4.2 million, from the Shenzhen Transportation Bureau. This subsidy is related to two charter flight routes operated by the company during the 2022-2023 period as part of its expanded air freight services.
The Shenzhen Transportation Bureau finalized the subsidy amounts in March 2025, following the company's application for cargo aircraft new route subsidies in March 2023. The adjustment was made due to total requests exceeding available funding.
The company expects this significant financial support to positively impact its revenue and overall financial results for the current fiscal year. This recognition from the government validates Jayud's strategic expansion into charter flight operations and its contribution to Shenzhen's logistics infrastructure.
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