SEC Form SC 13G filed by Jayud Global Logistics Limited
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 |
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 |
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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 |
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 |
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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. |
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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.
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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 | ||
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LIST OF EXHIBITS
| Exhibit 99.1 – | Joint Filing Agreement dated November 8, 2024, by and among the Reporting Persons |
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