Business
Jayud Enters into Strategic Partnership with Shandong Oranda Logistics
SHENZHEN, China, Nov. 29, 2023 /PRNewswire/ -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain
About this update from Jayud Global Logistics Limited
[{"type":"text","content":"SHENZHEN, China, Nov. 29, 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 Strategic partnership between Jayud and Shandong Oranda Logistics Co., Ltd. (\"Oranda\").\n\nThis partnership will combine Jayud's expertise in cross-border logistics with Oranda's robust international logistics network, enhancing both companies' capabilities in sea, air, and land transportation, reporting, warehousing, and supply chain management through shared resources and expertise.\nKey Highlights of the Partnership:\nBusiness Collaboration: Both parties will leverage their individual strengths and expertise in sea, air, and land transportation, reporting, warehousing, and supply chain management to create a cohesive and efficient service offering.Brand Collaboration: Jayud and Oranda will jointly promote their businesses, leveraging the strengths of both brands to expand their market reach and enhance their reputation in the logistics industry.Strategic Framework: This agreement serves as a foundational framework for the partnership, with specific details and deliverables outlined in subsequent contracts throughout the collaboration.Promotional Activities: Unless otherwise specified, both parties have the right to list the other as a \"Strategic Partner\" (or under a similar name) in relevant promotional activities, ensuring that the partnership benefits both companies' reputations.Xiaogang Geng, Chairman of the Board and CEO of Jayud, commented, \"We are thrilled to embark on this new collaboration with Shandong Oranda Logistics. This partnership aligns with our vision of expanding our global footprint and enhancing our service offerings. This partnership is a testament to Jayud's and Oranda's commitment to growth, innovation, and providing top-tier logistics services globally. Together, we are poised to set new benchmarks in the logistics industry, cultivate mutually beneficial relationships, thereby reshaping the landscape of international logistics. By combining our strengths, we can not only share resources, but also enhance our capabilities to serve our customers better and drive innovation in the logistics industry.\"\nHeadquartered in Qingdao, Shandong, Oranda has gr...