Jayud Global shares rise 13.95% premarket after signing 3-year logistics partnership with DBG subsidiary Guanghong Electronics.

Jayud Global Logistics (NASDAQ: JYD) rose 13.95% in premarket trading following the announcement of a three-year partnership with Guanghong Electronics, a subsidiary of DBG Technology Co. Ltd. The agreement expands Jayud’s logistics and transportation services, including land and air freight from China to Hong Kong and customs processes, to support DBG’s global operations. DBG, a major EMS provider with 2024 revenue of $982 million, serves clients like Huawei, Xiaomi, and automotive giants BMW and Volkswagen. The partnership is expected to enhance supply chain efficiency as Guanghong Electronics expands into Hong Kong, India, and Vietnam, leveraging Jayud’s cross-border logistics expertise. CEO Xiaogang Geng emphasized the collaboration’s potential to strengthen supply chain resilience and support global growth, aligning with Jayud’s strategic focus on end-to-end solutions. The news reinforced investor confidence in the company’s market expansion and operational capabilities.