JYD Jayud Global Logistics Ltd

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. )*

 

 

Jayud Global Logistics Limited

(Name of Issuer)

 

Class A Ordinary Shares, par value of $0.0001 per share

(Title of Class of Securities)

 

G5084H103

(CUSIP Number)

 

October 28, 2024

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

SCHEDULE 13G

 

CUSIP No. G5084H103

 

1.	Names of Reporting Persons.   Lisheng Yu
2.	Check the Appropriate Box if a Member of a Group (See Instructions).   (a) ☐      (b) ☒
3.	SEC Use Only
4.	Citizenship or Place of Organization   United States of America

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power   2,664,273 Class A Ordinary Shares (See Item 4)
	6.	Shared Voting Power   0
	7.	Sole Dispositive Power   2,664,273 Class A Ordinary Shares (See Item 4)
	8.	Shared Dispositive Power   0

9.	Aggregate Amount Beneficially Owned by Each Reporting Person   2,664,273 Class A Ordinary Shares (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   ☐
11.	Percent of Class Represented by Amount in Row (9)   6.6% (See Item 4)
12.	Type of Reporting Person (See Instructions)   IN

 

 

SCHEDULE 13G

 

CUSIP No. G5084H103

 

1.	Names of Reporting Persons.   Long Hing Wholesale Express, LLC
2.	Check the Appropriate Box if a Member of a Group (See Instructions).   (a) ☐      (b) ☒
3.	SEC Use Only
4.	Citizenship or Place of Organization   Texas

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power   444,445 Class A Ordinary Shares (See Item 4)
	6.	Shared Voting Power   0
	7.	Sole Dispositive Power   444,445 Class A Ordinary Shares (See Item 4)
	8.	Shared Dispositive Power   0

9.	Aggregate Amount Beneficially Owned by Each Reporting Person   444,445 Class A Ordinary Shares (See Item 4)
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   ☐
11.	Percent of Class Represented by Amount in Row (9)   1.1 % (See Item 4)
12.	Type of Reporting Person (See Instructions)   OO

 

 

Item 1(a). Name of Issuer:

 

Jayud Global Logistics Limited

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

 

Building 3, No. 7 Gangqiao Road 

Li Lang Community, Nanwan Street 

Longgang District, Shenzhen 

People’s Republic of China

 

Item 2(a). Name of Person Filing:

 

Lisheng Yu

Long Hing Wholesale Express, LLC

 

Item 2(b). Address of Principal Business Office, or, if none, Residence:

 

The address of the principal business office of each of the reporting persons are: 13366 Murphy Road, Stafford, TX 77477

 

Item 2(c). Citizenship:

 

Lisheng Yu - a U.S.A citizen

Long Hing Wholesale Express, LLC - a Texas limited liability company

 

Item 2(d). Title of Class of Securities:

 

Class A ordinary shares, par value US$0.0001 per share (“Class A Ordinary Shares”).

 

Item 2(e). CUSIP No.:

 

G5084H103

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d -2(b) or (c), check whether the persons filing is a:

 

Not applicable

 

Item 4. Ownership

 

The following information with respect to the ownership of Class A Ordinary Shares by the reporting person is provided as of October 21, 2024:

 

Reporting person		Amount beneficially Owned				Percent of class1				Sole power to vote or direct the vote				Shared power to vote or to direct the vote				Sole power to dispose or to direct the disposition of				Shared power to dispose or to direct the disposition of
Lisheng Yu			2,664,2732				6.6				2,664,2732				0				2,664,2732				0
Long Hing Wholesale Express, LLC			444,445				1.1				444,445				0				444,445				0

 

1	The percentage of the class of securities beneficially owned by the Reporting Person is calculated based on a total of 40,095,605 issued and outstanding Class A Ordinary Shares of the Issuer as of October 28, 2024, as provided by the Issuer to the reporting person.
2	Represents 2,219,828 shares of Class A Ordinary Shares held directly by Mr. Lisheng Yu and 444,445 Class A Ordinary Shares directly held by Long Hing Wholesale Express, LLC. Mr. Lisheng Yu is the sole owner of Long Hing Wholesale Express, LLC.

 

 

Item 5. Ownership of Five Percent or Less of a Class

 

Not applicable

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable

 

Item 8. Identification and Classification of Members of the Group

 

Not applicable

 

Item 9. Notice of Dissolution of Group

 

Not applicable

 

Item 10. Certifications

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

  

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: November 8, 2024

 

	Lisheng Yu
	By:	/s/ Lisheng Yu

 

	Long Hing Wholesale Express, LLC
	By:	/s/ Lisheng Yu
		Name:	Lisheng Yu
		Title:	Owner

  

 

LIST OF EXHIBITS

 

Exhibit 99.1 –

Joint Filing Agreement dated November 8, 2024, by and among the Reporting Persons

 

 

 

 

 

 

 

 

 

7/7

 

EXHIBIT 99.1

 

Joint Filing Agreement

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.

 

Dated: November 8, 2024

 

	Lisheng Yu
	By:	/s/ Lisheng Yu

 

	Long Hing Wholesale Express, LLC
	By:	/s/ Lisheng Yu
		Name:	Lisheng Yu
		Title:	Owner

 

 

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