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Related Party Balances and Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Balances and Transactions [Abstract]  
Schedule of Accounts Receivable from a Related Party As of December 31, 2022 and 2023, accounts receivable from a related party consisted of the following:
Name   Relationship   Nature   As of
December 31,
2022
    As of
December 31,
2023
 
            RMB     RMB     US$  
Shenzhen Feijia Supply Chain Management Co., Ltd  

43% shares owned by JYD YCKJ’s 48% interest minor shareholder

  Logistic services     1,676,016      
    -
     
     -
 
              1,676,016      
-
     
-
 

 

As of December 31, 2022 and 2023, other receivable from related parties consisted of the following:
Name   Relationship   Nature   As of
December 31,
2022
    As of
December 31,
2023
 
            RMB     RMB     US$  
Winpass Logistics (HK) Co., Limited (“Winpass”)   100% controlled by Xiaohua Jia   Net collection on behalf of the Group    
     -
      125,049       17,656  
Shenzhen Zhongshun Jiean Estate Management Co., Ltd   90% owned by Bao BingBing, management of JYD NJWL   Rent deposit    
-
      39,809       5,620  
             
-
      164,858       23,276  
As of December 31, 2022 and 2023, accounts payable to related parties consisted of the following:
Name   Relationship   Nature   As of
December 31,
2022
    As of
December 31,
2023
 
            RMB     RMB     US$  
Winpass Logistics (HK) Co., Limited   100% controlled by Xiaohua Jia   Logistic services     240,175       418,266       59,055  
Cargo Link Logistics HK Company Limited   Owns 33% of shares of Sky Pacific Logistics HK Company Limited   Logistic services     7,185,009       6,248,192       882,176  
              7,425,184       6,666,458       941,231  

 

As of December 31, 2022 and 2023, loan payable to a related party consisted of the following:
Name   Relationship   Nature   As of
December 31,
2022
    As of
December 31,
2023
 
            RMB     RMB     US$  
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd (“Renrui”)  

40% owned by Bin Li

  Loan    
      -
      3,000,000       423,567  
             
-
      3,000,000       423,567  
As of December 31, 2022 and 2023, other payable to related parties consisted of the following:
Name  Relationship  Nature  As of
December 31,
2022
   As of
December 31,
2023
 
         RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  100% controlled by Xiaohua Jia  Net payments on behalf of the Group   1,371,882    
-
    
     -
 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Net payments on behalf of the Group (a)   663,976    686,609    96,941 
Bin Li  Management of JYD SXGYL  Interest Payable (b)   441,800    30,000    4,236 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd (“Renrui”)  40% owned by Bin Li  Interest Payable (b)   
-
    24,643    3,479 
Shenzhen Zhongshun Jiean Estate Management Co., Ltd (“Zhongshun”)  90% owned by BingBing Bao, management of JYD NJWL  Rent payable (c)   
-
    7,775,393    1,097,801 
          2,477,658    8,516,645    1,202,457 
(a)For the years ended December 31, 2021 and 2022, Cargo Link paid on behalf of the Group in a total amount of RMB364,588 and RMB153,101, respectively. The balance change from 2022 to 2023 of RMB12,185 (US$1,720) was mainly due to foreign exchange differences.,
(b)On November 15, 2023, the Group borrowed short-term loans from Li Bin and Renrui each of RMB3,000,000 (US$423,567), with loan term of 20 days and 55 days, respectively. Interest was RMB30,000 for each loan. The principal of RMB3,000,000 (USD423,567) from Li Bin was fully repaid in December 2023, and the interest was repaid in January 2024.
(c)In May 2023, the Group signed a 7-month lease agreement with Zhongshun for its offices and warehouses. As of December 31, 2023, rent payable of RMB7,775,393 (US$1,097,801) was outstanding.

 

As of December 31, 2022 and 2023, other payable to shareholders consisted of the following:
Name  Relationship  Nature  As of
December 31,
2022
   As of
December 31,
2023
 
         RMB   RMB   US$ 
Xiaogang Geng  Shareholder and CEO   Interest of shareholder loan   
-
    16,465    2,325 
Xiaogang Geng  Shareholder and CEO  Dividend   6,225,000    
-
    
-
 
Xiaohua Jia  Shareholder  Dividend   712,500    
-
    
-
 
Qing Wang  Shareholder  Business Reimbursement Payable   43,336    20,564    2,903 
          6,980,836    37,029    5,228 
As of December 31, 2022 and as of December 31, 2023, loans payable to shareholders consisted of the following:
Name  Relationship  Nature  As of
December 31,
2022
   As of
December 31,
2023
 
         RMB   RMB   US$ 
Xiaogang Geng  Shareholder and CEO  Loan (a)   
-
    823,265    116,236 
          
           -
    823,265    116,236 
As of December 31, 2022 and 2023, other payable to shareholders consisted of the following:
Name  Relationship  Nature  As of
December 31,
2022
   As of
December 31,
2023
 
         RMB   RMB   US$ 
Xiaogang Geng  Shareholder and CEO  Dividend   
-
    6,225,000    878,902 

Xiaohua Jia

  Shareholder  Dividend   
-
    712,500    100,597 
          
  -
    6,937,500    979,499 
For the years ended December 31, 2021, 2022 and 2023, the Group had the following material shareholder transaction:
      For the years ended 
      December 31, 
Shareholder  Nature  2021   2022   2023 
      RMB   RMB   RMB   US$ 

Dun Zhao (Director and CMO)

  Interest expenses of a loan   40,000    20,000    
-
    
-
 
Xiaogang Geng  Interest expenses of a loan   
-
    
-
    16,465    2,325 

 

For the years ended December 31, 2021, 2022 and 2023, the Group had the following material related party transactions:
         For the years ended 
         December 31, 
Related Parties  Relationship  Nature  2021   2022   2023 
         RMB   RMB   RMB   US$ 
Winpass Logistics (HK) Co., Limited  100% controlled by Xiaohua Jia  Purchase of logistic services   4,514,552    1,386,915    549,714    77,614 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Purchase of logistic services   185,858,692    121,455,797    62,063,334    8,762,666 
Cargo Link Logistics HK Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Provided logistic services   14,141,548    462,740    
-
    
-
 
Cargo LINK Logistics (SHENZHEN) Company Limited  Owns 33% of shares of Sky Pacific Logistics HK Company Limited  Purchase of logistic services   2,672,803    
-
    
-
    
-
 
Shenzhen Feijia Supply Chain Management Co., Ltd  43% shares owned by JYD YCKJ’s 48% interest minor shareholder  Provided logistic services   
-
    2,078,746    196,575    27,754 
Shenzhen Feijia Supply Chain Management Co., Ltd  43% shares owned by JYD YCKJ’s 48% interest minor shareholder  Purchase of equipment   
-
    441,800    108,407    15,306 
Shenzhen Feijia Supply Chain Management Co., Ltd  43% shares owned by JYD YCKJ’s 48% interest minor shareholder  Penalty for early termination of lease             835,527    117,967 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd  40% owned by Bin Li  Provided logistic services   
-
    
-
    4,749    670 
Shenzhen Zhongshun Jiean Estate Management Co., Ltd  90% owned by Bao BingBing, management of JYD NJWL  Rent of offices and warehouses   
-
    
-
    14,469,603    2,042,950 
Minfang Cheng  Legal representative of JYD XYX  Interest expenses of a loan   12,000    6,000    
-
    
-
 
Bin Li  Supervisor of JYD SXGYL  Interest expenses of a loan   
-
    
-
    30,000    4,236 
Xi’an Renrui Hydroacoustic Technology Engineering Co., Ltd  40% owned by Bin Li  Interest expenses of a loan   
-
    
-
    24,643    3,479