JYD · Jayud Global Logistics Limited

Jayud Global Logistics Limited has called its 2025 AGM for May 22, 2026, with record date April 2, 2026, inviting holders of Class A ordinary shares (1 vote each) and Class B ordinary shares (50 votes each). The meeting location is the company's Shenzhen facility. Proposal 1 seeks ordinary resolution approval of the audited financial statements and Form 20-F for fiscal year ended December 31, 2025. The core proposals (2-4) focus on corporate restructuring: Proposal 2 grants the Board sole discretion to implement a reverse stock split (share consolidation) at a ratio between 2-for-1 and 250-for-1 on all ordinary shares of US$0.005 par value, applicable to both issued and unissued shares, within three years post-AGM. Fractional shares resulting from consolidation will be rounded up via capitalization from share premium. Proposal 3, concurrent with consolidation, authorizes the Board to increase authorized Class A and/or Class B shares to ensure aggregate of at least 50,000,000 post-adjustment if currently insufficient. Proposal 4, a special resolution, conditions adoption of fifth amended and restated Memorandum and Articles on approvals of Proposals 2 and 3, effective at Board-determined date within three years. Supporting Proposals 5 and 6 provide general authorizations for execution (naming Director GENG Xiaogang), filings, register updates, and adjournment if needed for quorum or votes. The Board unanimously recommends approval of all proposals. Proxy materials detail voting procedures via Transhare Corporation, with deadlines 48 hours pre-meeting. Quorum requires one-third of voting shares present. This package enables significant share structure flexibility, potentially to meet Nasdaq requirements or optimize capital structure, with investor voting critical given dual-class voting disparity.