XML 64 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Related Party Balances and Transactions (Tables)
 12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Schedule of accounts receivable from a related party
Name  Relationship  Nature  As of
December 31,
2021		  

As of
December 31,
2022

 
         RMB   RMB   US$ 
Shenzhen Feijia Supply Chain Management Co., Ltd  45% shares owned by Yuncang's 48% interest minor shareholder  Logistic services   
-
    1,676,016    240,648 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Logistic services   26,154    
-
    
-
 
          26,154    1,676,016    240,648 

 
Schedule of prepaid expenses from a related party
Name  Relationship  Nature  As of
December 31,
2021		  

As of
December 31,
2022

 
         RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  100% controlled by Xiaohua Jia  Logistic services   1,674,157    
    -
    
   -
 
          1,674,157    
-
    
-
 

 
Schedule of accounts payable to related parties
Name  Relationship  Nature 

As of
December 31,

2021

  

As of
December 31,
2022

 
         RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  100% controlled by Xiaohua Jia  Logistic services   205,695    240,175    34,485 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Logistic services   60,772,958    7,185,009    1,031,647 
          60,978,653    7,425,184    1,066,132 

 
Schedule of loan payable to a related party
Name  Relationship  Nature  As of
December 31,
2021		  

As of
December 31,
2022

 
         RMB   RMB   US$ 
Shenzhen Quanjieyuan Enterprise Management Consulting Partnership (Limited Partnership) (a)  Controlled by Xiaogang Geng & Xiaohua Jia  Loan (a)   1,000,000    
-
    
-
 
Minfang Cheng (b)  Executive of the Group  Loan and related interests (b)   612,000    
     -
    
     -
 
          1,612,000    
-
    
-
 

 

  (a) For the year ended December 31, 2021, Jayud borrowed a total amount RMB1,500,000 from Shenzhen Quanjieyuan Enterprise Management Consulting Partnership (Limited Partnership) without interest for a half year and repaid RMB500,000. For the year ended December 31, 2022, the Company borrowed another RMB 500,000 in FY2022 and fully repaid RMB 1,500,000.

 

(b)On August 28, 2021, Jayud borrowed a short-term loan from Minfang Cheng of RMB600,000 with an interest rate of 6% for a half year. Jayud recorded an interest expense of RMB12,000 and RMB6,000(US$861) for the loan for the year ended December 31, 2021 and 2022, respectively. The total amount of RMB618,000 (US$88,734) was repaid on March 8, 2022.

 
Schedule of others payable to related parties
Name  Relationship  Nature  As of
December 31,
2021		  

As of
December 31,
2022

 
         RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  100% controlled by Xiaohua Jia  Paid on behalf of the Group (a)   1,370,270    1,371,882    196,979 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Paid on behalf of the Group (b)   510,875    663,976    95,336 
Shenzhen Feijia Supply Chain Management Co., Ltd (“Feijia”)  45% shares owned by Yuncang's 48% interest minor shareholder  Purchase of equipment (c)   
-
    441,800    63,435 
          1,881,145    2,477,658    355,750 

 

(a)For the year ended December 31, 2020, Winpass paid on behalf of Jayud in a total amount of RMB4,092,436 and collected a total amount of RMB1,040,074. For the year ended December 31, 2021, Winpass paid on behalf of Jayud in a total amount of RMB16,467,687 and collected a total amount of RMB18,601,890. For the year ended December 31, 2022, Winpass paid on behalf of Jayud in a total amount of RMB4,608,483 (US$661,701) and collected a total amount of RMB4,606,871 (US$661,470).

 

(b)For the years ended December 31, 2020, 2021 and 2022, Cargo Link paid on behalf of Jayud in a total amount of RMB11,480, RMB364,588 and RMB153,101 (US$21,983), respectively.

 

(c)For the year ended December 31, 2022, Jayud purchased warehouse equipment from Feijia in a total amount of RMB441,800 (US$63,435).

 
Schedule of loans payable to shareholders
Name  Relationship  Nature  As of
December 31,
2021		   As of
December 31,
2022		 
         RMB   RMB   US$ 
Xiaogang Geng  Shareholder  Loan (a)   190,000    
-
    
-
 
Xiaohua Jia  Shareholder  Loan (b)   330,000    
-
    
-
 
Dun Zhao  Shareholder  Loan and related interests (c)   2,040,000    
-
    
-
 
          2,560,000    
-
    
-
 

 

(a)For the year ended December 31, 2021, Jayud borrowed a total amount of RMB520,000 without interest for 18 months from Geng Xiaogang and repaid RMB330,000. For the year ended December 31, 2022, Jayud borrowed a total amount of RMB1,000,000 (US$143,583) without interest and fully repaid the balance of RMB1,190,000 (US$170,864).

 

(b)For the year ended December 31, 2021, Jayud borrowed a total amount of RMB3,685,000 without interest for 8 months from Jia Xiaohua and repaid RMB3,355,000. For the year ended December 31, 2022, Jayud borrowed a total amount of RMB353,383 (US$50,740) without interest and fully repaid the balance of RMB683,383 (US$98,122).

 

(c)For the year ended December 31, 2021, Jayud borrowed a total amount of RMB2,000,000 with an interest rate of 6% for 6 months from Zhao Dun and recorded interest expenses of RMB40,000. For the year ended December 31, 2022, Jayud recorded an interest expense of RMB20,000 (US$2,980) and fully repaid the principal and interests in a total amount of RMB2,060,000 (US$295,782).

 

(d)For the year ended December 31, 2022, Jayud borrowed a total amount of RMB4,942,000 (US$709,588) without interests from Huang Jian hong and repaid the balance during the year.

 
Schedule of others payables to shareholders
Name  Relationship  Nature  As of
December 31,
2021		  

As of
December 31,

2022

 
         RMB   RMB   US$ 
Jianhong Huang  Shareholder  Dividend   1,200,000    
-
    
-
 
Qing Wang  Shareholder  Business Reimbursement Payable   114,602    43,336    6,222 
Xiaogang Geng  Shareholder  Dividend   
-
    6,225,000    893,806 
Xiaohua Jia  Shareholder  Dividend   
-
    712,500    102,303 
          1,314,602    6,980,836    1,002,331 

 
Schedule of material related party transactions
      For the years ended 
      December 31, 
Related Parties  Nature  2020   2021   2022 
      RMB   RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  Purchase of logistic services   1,248,954    4,514,552    1,386,915    199,138 
Winpass Logistics (HK) Co., Limited  Purchase of products   1,932,797    
-
    
-
    
-
 
Cargo Link Logistics HK Company Limited  Purchase of logistic services   156,091,594    185,858,692    121,455,797    17,439,020 
Cargo Link Logistics HK Company Limited  Provided logistic services   28,587,482    14,141,548    462,740    66,442 
Cargo LINK Logistics (SHENZHEN) Company Limited  Purchase of logistic services   
-
    2,672,803    
-
    
-
 
Shenzhen Feijia Supply Chain Management Co., Ltd  Provided logistic services   
-
    
-
    2,078,746    298,473 
Shenzhen Feijia Supply Chain Management Co., Ltd  Purchase of equipment   
-
    
-
    441,800    63,435 
Minfang Cheng  Interest expenses of a loan   
-
    12,000    6,000    861 

 
Schedule of material shareholder transaction
      For the years ended 
      December 31, 
Shareholder  Nature  2020   2021   2022 
      RMB   RMB   RMB   US$ 
Dun Zhao  Interest expenses of a loan   
-
    40,000    20,000    2,872