Act Fast: Shareholders of Jayud Global Logistics Limited (JYD) Advised to Take Action Soon

Investors who acquired Jayud Global Logistics Limited (“Jayud” or the “Company”) (NASDAQ: JYD) securities between April 21, 2023, and April 30, 2025, need to take note of the upcoming January 20, 2026, deadline to participate as a lead plaintiff in a securities fraud class action lawsuit. The Law Offices of Frank R. Cruz is reminding investors about the impending deadline.

Jayud initiated an initial public offering (IPO) in April 2023, which had a low-float distribution. Merely 1.25 million shares were made available to the public, accounting for less than 5% of the total outstanding equity. The insiders maintained significant control through Class B super voting shares and offshore holding entities.

Post-IPO, the Jayud stock experienced a considerable surge, soaring from around $1.00 to an all-time peak of $7.97 per share on April 1, 2025, leading to a market capitalization of approximately $720 million on that date. Surprisingly, this growth happened without any notable positive news about the Company.

However, the stock plummeted dramatically on April 1, 2025, post-market hours, with a staggering decline of 95.6%, or $7.62 per share, resulting in a closing price of $0.35 per share on April 2, 2025.

Following investigations and allegations in public reports, it was disclosed that Jayud was at the center of an illicit stock promotion scheme known as a “pump-and-dump” operation. The structure of Jayud’s listing, along with its float, provided the groundwork for executing this scheme successfully.

The complaint in this class action lawsuit accuses the Defendants of making materially false and misleading statements throughout the Class Period, along with failing to disclose essential adverse facts concerning the Company’s business and operations. It was alleged that Jayud was involved in a fraudulent stock promotion scheme powered by misinformation spread through social media and impersonated financial experts. Insiders and affiliates purportedly utilized offshore or nominee accounts to facilitate synchronized share dumping during a price inflation campaign. The Company’s public statements and risk disclosures were found to be bereft of any mention of the false rumors and artificial trading activities that influenced the stock price.

Investors who bought or obtained Jayud securities between April 21, 2023, and April 30, 2025, have until January 20, 2026, to seek appointment as the lead plaintiff in the securities fraud class action.

For more information regarding this class action, or if you have any queries about your rights related to this ongoing lawsuit, you can reach out to The Law Offices of Frank R. Cruz at the provided contact details. Remember, you may retain your counsel or choose not to take any action to remain an absent member of the class action. Note that this information may constitute Attorney Advertising in some jurisdictions under applicable law and ethical regulations.