05:38 PM EDT, 06/24/2025 (MT Newswires) -- Jayud Global Logistics ( JYD ) said late Tuesday it has received a subsidy of about 30.3 million renminbi ($4.2 million) from the Shenzhen Transportation Bureau for charter flight operations.

The subsidy was for its two charter flight routes during 2022-2023 as part of its expanded air freight services, the firm said.

The company said it expects the subsidy to "positively" impact its revenue and financial results for the current fiscal year.