v3.26.1
Related Party Balances and Transactions (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Balances and Transactions [Abstract]  
Schedule of Related Parties

Related parties

 

Related Parties   Relationship
Mr. Geng Xiaogang   Founder, chief executive officer of the Company
Ms. Jia Xiaohua   Immediate family members of Founder and the management of the Group
Winpass Logistics (HK) Co., Limited   100% controlled by Ms. Jia Xiaohua
Cargo Link Logistics HK Company Limited   Owns 33% of shares of Sky Pacific Logistics HK Company Limited
Shenzhen Feijia Supply Chain Management Co., Ltd   43% shares owned by JYD YCKJ’s 48% interest minor shareholder
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd   40% owned by Supervisor of JYD SXGYL
Xi’an Rochester Electronic Technology Co., Ltd   50% owned by Supervisor of JYD SXGYL
Shenzhen Zhongshun Jiean Estate Management Co., Ltd   90% owned by previous management of JYD NJWL
LD Global Logistics Inc   10% owned by JYD US
HYTX Logistics LLC   Owns 49% of HYTX Warehouse Inc. before March 2025
Shenzhen Oranda Global Logistics Co., Ltd   80% shares owned by Oranda’s 49% interest minor shareholder
HYTX Warehouse No. 3 LLC   20% owned by JYD US
HYTX Warehouse No. 10 LLC   49% owned by JYD US
JPEC Enterprises, Inc.   Owns 45% of LabelBridge Logistics LLC
Bin Li   Supervisor of JYD SXGYL
Hongkong Boyatong Supply Chain Management   A shareholder which holds 9.10% equity interests of the Company
Key management and their immediate family members   The Group’s key management and their immediate family members
Schedule of Accounts Receivable from a Related Party

As of December 31, 2024 and 2025, accounts receivable from related parties consisted of the following:

 

Name  Nature  As of
December 31,
2024		  

As of December 31, 2025

 
      RMB   RMB   US$ 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd  International trading   173,382    
-
    
-
 
The other logistics service customers  Logistic services   76,543    
-
    
-
 
Total accounts receivable - related parties, net      249,925    
-
    
-
 

As of December 31, 2024 and 2025, other receivable from related parties consisted of the following:

  

Name  Nature  As of
December 31,
2024		  

As of December 31, 2025

 
      RMB   RMB   US$ 
Cargo Link Logistics HK Company Limited (“Cargo Link”)  Deposit for logistic services   11,547,932    11,267,167    1,603,000 
HYTX Warehouse No. 3 LLC (“No. 3 LLC”)  Rent deposit   
-
    988,707    140,665 
Winpass Logistics (HK) Co., Limited (“Winpass”)  Deposit and prepayment for logistic services   8,725,488    59,612    8,481 
       20,273,420    12,315,486    1,752,146 

As of December 31, 2024 and 2025, prepaid expenses from a related party consisted of the following:

 

Name  Nature  As of
December 31,
2024		  

As of December 31, 2025

 
      RMB   RMB   US$ 
Hongkong Boyatong Supply Chain Management  Logistic services   
-
    6,426,947    914,373 
Winpass Logistics (HK) Co., Limited (“Winpass”)  Logistic services   3,227,663    
-
    
-
 
Cargo Link Logistics HK Company Limited (“Cargo Link”)  Logistic services   3,468,341    
-
    
-
 
       6,696,004    6,426,947    914,373 

As of December 31, 2024 and 2025, loans receivable from related parties consisted of the following:

 

Name  Nature  As of
December 31,
2024		  

As of
December 31,
2025

 
      RMB   RMB   US$ 
HYTX Warehouse NO.10 LLC (“No. 10 LLC”)  Loan to a related party   
      -
    854,732    121,604 
HYTX Warehouse No. 3 LLC (“No. 3 LLC)”  Loan to a related party   
-
    230,971    32,861 
       
-
    1,085,703    154,465 

As of December 31, 2024 and 2025, accounts payable to related parties consisted of the following:

 

Name  Nature  As of
December 31,
2024		   As of December 31, 2025 
      RMB   RMB   US$ 
Cargo Link Logistics HK Company Limited (“Cargo Link”)  Logistic services   86,129    7,111,019    1,011,697 
The other logistics service providers  Logistic services   156,605    1,068,263    151,984 
       242,734    8,179,282    1,163,681 

As of December 31, 2024 and 2025, loan payable to a related party consisted of the following:

 

Name  Nature  As of
December 31,
2024		   As of December 31, 2025 
      RMB   RMB   US$ 
JPEC Enterprises, Inc. (“JPEC”)  Loan   
-
    158,148    22,500 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd (“Renrui”)  Loan   1,500,000    
-
    
-
 
Key management and their immediate family members  Loan   733,700    29,999    4,268 
       2,233,700    188,147    26,768 

As of December 31, 2024 and 2025, other payable to related parties consisted of the following:

 

Name  Nature  As of
December 31,
2024		   As of December 31, 2025 
      RMB   RMB   US$ 
Cargo Link Logistics HK Company Limited (“Cargo Link”)  Payment for logistics service(a)   624,125    629,456    89,554 
The other logistics service providers  Payment for logistics service / Interest payable   165,435    
-
    
-
 
       789,560    629,456    89,554 

As of December 31, 2024 and as of December 31, 2025, loans payable to shareholders consisted of the following:

 

Name  Nature  As of
December 31,
2024		   As of
December 31,
2025		 
      RMB   RMB   US$ 
Huang Jianhong  Loan   658,000    
-
    
-
 
Jia Xiaohua  Loan   1,000,000    
-
    
-
 
Wang Qing  Loan   300,000    
-
    
-
 
Yi Yu  Loan   5,697,800    
-
    
-
 
Peng ZhongLiang  Loan   1,000,000    
-
    
-
 
       8,655,800    
-
    
-
 

As of December 31, 2024 and 2025, other payable to shareholders consisted of the following:

 

Name  Nature  As of
December 31,
2024		   As of
December 31,
2025		 
      RMB   RMB   US$ 
Geng Xiaogang  Dividend   6,225,000    6,225,000    885,642 
Jia Xiaohua  Dividend   712,500    712,500    101,369 
       6,937,500    6,937,500    987,011 

For the years ended December 31, 2023, 2024 and 2025, the Group had the following material related party transactions:

 

      For the years ended December 31, 
Related Parties  Nature  2023   2024   2025 
      RMB   RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  Purchase of logistic services   549,714    416,482    312,448    44,453 
Cargo Link Logistics HK Company Limited  Purchase of logistic services   62,063,334    50,581,355    60,497,759    8,607,125 
HYTX Warehouse No. 10 LLC  Purchase of logistic services   
-
    
-
    1,537,924    218,803 
The other logistics service providers  Purchase of logistic services   
-
    1,005,698    1,211,649    172,383 
Shenzhen Feijia Supply Chain Management Co., Ltd  Provided logistic services   196,575    
-
    
-
    
-
 
Shenzhen Oranda Global Logistics Co., Ltd  Provided logistic services   
-
    1,139,001    
-
    
-
 
LD Global Logistics Inc  Provided logistic services   
-
    355,927    2,138,150    304,198 
The other logistics service customers  Provided logistic services   
-
    349,786    
-
    
-
 
Shenzhen Feijia Supply Chain Management Co., Ltd  Purchase of equipment   108,407    
-
    
-
    
-
 
Shenzhen Feijia Supply Chain Management Co., Ltd  Penalty for early termination of lease   835,527    
-
    
-
    
-
 
Hongkong Boyatong Supply Chain Management  Purchase of products and other services   
-
    
-
    176,400,632    25,096,835 
Hongkong Boyatong Supply Chain Management  Sales of products and other services   
-
    
-
    5,413,282    770,157 
The other logistics service customers  Sales of products and other services   4,749    885,180    491,170    69,880 
Shenzhen Zhongshun Jiean Estate Management Co., Ltd  Rent of offices and warehouses   14,469,603    
-
    
-
    
-
 
Key management and their immediate family members  Interest expenses of loans   30,000    780,985    -    - 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd  Interest expenses of loans   24,643    99,693    -    -