# EDGAR Filing Document

**Accession Number:** 0001938186
**File Stem:** 0000000000-23-002176
**Filing Date:** 2023-3
**Character Count:** 9729
**Document Hash:** 7b5434085c1efb34e50b1ec3b9ce1bb7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002176.hdr.sgml**: 20230428

**ACCESSION NUMBER**: 0000000000-23-002176

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230303

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Jayud Global Logistics Ltd
- **CENTRAL INDEX KEY:** 0001938186
- **STANDARD INDUSTRIAL CLASSIFICATION:** ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 4TH FLOOR, BUILDING 4, SHATOUJIAO FTZ
- **STREET 2:** SHENYAN ROAD, YANTIAN DISTRICT
- **CITY:** SHENZHEN
- **STATE:** F4
- **ZIP:** 518000
- **BUSINESS PHONE:** (86)15218740808

**MAIL ADDRESS:**
- **STREET 1:** 4TH FLOOR, BUILDING 4, SHATOUJIAO FTZ
- **STREET 2:** SHENYAN ROAD, YANTIAN DISTRICT
- **CITY:** SHENZHEN
- **STATE:** F4
- **ZIP:** 518000
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950123-22-009894

## Text-Extract

```

United States securities and exchange commission logo

                              March 3, 2023

       Xiaogang Geng
       Chief Executive Officer
       Jayud Global Logistics Ltd
       4th Floor, Building 4, Shatoujiao Free Trade Zone
       Shenyan Road, Yantian District
       Shenzhen, China 518000

                                                        Re: Jayud Global
Logistics Ltd
                                                            Registration
Statement on Form F-1
                                                            Filed February 17,
2023
                                                            File No. 333-269871

       Dear Xiaogang Geng:

              We have reviewed your registration statement and have the
following comments. In
       some of our comments, we may ask you to provide us with information so
we may better
       understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form F-1 Filed February 17, 2023

       Potential CSRC Filing Requirements, page 4

   1.                                                   We note your new
disclosure regarding the Trial Administrative Measures of Overseas
                                                        Securities Offering and
Listing by Domestic Enterprises. Please revise to clarify, if true,
                                                        that according to the
"Guidance Rules and Notice," if you cannot obtain the approval to
                                                        list your Ordinary
Shares before the effective date, March 31, 2023, then you will be
                                                        required to file with
the CSRC within a reasonable time and before the consummation of
                                                        this offering.
       Compensation of Directors and Executive Officers, page 168

   2.                                                   Please revise your
disclosure to provide the compensation of your directors and executive
 Xiaogang Geng
Jayud Global Logistics Ltd
March 3, 2023
Page 2
       officers through fiscal year ended December 31, 2022.
Financial Statements, page F-1

3.     We note you implemented a 1 for 1.25 reverse share split of your
ordinary shares on
       February 16, 2023. Revise your financial statements to retrospectively
restate for this
       change in capital structure. Refer to ASC 505-10-S-99-4 (SAB Topic 4.C)
and ASC 260-
       10-55-12. In addition, also revise Item 7. Recent Sales of Unregistered
Securities for the
       reverse share split. Finally, obtain a revised audit report that
addresses the changes to
       your annual financial statements related to the reverse stock split.
General

4.     We note your disclosure on page 42 that on December 29, 2022, the
Accelerating HFCA
       Act was signed into law, which amended the HFCA Act by requiring the
prohibition of an
       issuer   s securities from trading on any U.S. stock exchanges if its
auditor is not subject to
       PCAOB inspections for two consecutive years instead of three. However,
we also note
       inconsistent disclosures in this regard on the cover page and in the
risk factors section.
       Please reconcile and update your disclosures.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

       You may contact Yong Kim, Staff Accountant, at 202-551-3323 or Gus
Rodriguez, Staff
Accountant, at 202-551-3752 if you have questions regarding comments on the
financial
statements and related matters. Please contact Michael Purcell, Staff Attorney,
at 202- 551-5351
or Loan Lauren Nguyen, at 202-551-3642 with any other questions.

                                                             Sincerely,
FirstName LastNameXiaogang Geng
                                                             Division of
Corporation Finance
Comapany NameJayud Global Logistics Ltd
                                                             Office of Energy &
Transportation
March 3, 2023 Page 2
cc:       Yang Ge
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 3, 2023

Xiaogang Geng  
Chief Executive Officer  
Jayud Global Logistics Ltd  
4th Floor, Building 4, Shatoujiao Free Trade Zone  
Shenyan Road, Yantian District  
Shenzhen, China 518000

**Re: Jayud Global Logistics Ltd  
Registration Statement on Form F-1  
Filed February 17, 2023  
File No. 333-269871**

Dear Xiaogang Geng:

We have reviewed your registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments.

Registration Statement on Form F-1 Filed February 17, 2023

Potential CSRC Filing Requirements, page 4

1. We note your new disclosure regarding the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Enterprises. Please revise to clarify, if true, that according to the 'Guidance Rules and Notice,' if you cannot obtain the approval to list your Ordinary Shares before the effective date, March 31, 2023, then you will be required to file with the CSRC within a reasonable time and before the consummation of this offering.

Compensation of Directors and Executive Officers, page 168

2. Please revise your disclosure to provide the compensation of your directors and executive

Xiaogang Geng  
Jayud Global Logistics Ltd  
March 3, 2023  
Page 2

officers through fiscal year ended December 31, 2022.

# Financial Statements, page F-1

3. We note you implemented a 1 for 1.25 reverse share split of your ordinary shares on February 16, 2023. Revise your financial statements to retrospectively restate for this change in capital structure. Refer to ASC 505-10-S-99-4 (SAB Topic 4.C) and ASC 260-10-55-12. In addition, also revise Item 7. Recent Sales of Unregistered Securities for the reverse share split. Finally, obtain a revised audit report that addresses the changes to your annual financial statements related to the reverse stock split.

# General

4. We note your disclosure on page 42 that on December 29, 2022, the Accelerating HFCA Act was signed into law, which amended the HFCA Act by requiring the prohibition of an issuer’s securities from trading on any U.S. stock exchanges if its auditor is not subject to PCAOB inspections for two consecutive years instead of three. However, we also note inconsistent disclosures in this regard on the cover page and in the risk factors section. Please reconcile and update your disclosures.

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement.

You may contact Yong Kim, Staff Accountant, at 202-551-3323 or Gus Rodriguez, Staff Accountant, at 202-551-3752 if you have questions regarding comments on the financial statements and related matters. Please contact Michael Purcell, Staff Attorney, at 202-551-5351 or Loan Lauren Nguyen, at 202-551-3642 with any other questions.

Sincerely,

Office of Energy & Transportation

cc: Yang Ge