JD Logistics shareholders overwhelmingly approve supply chain agreement with JD.com

JD Logistics, Inc. announced the successful passage of an ordinary resolution at its Extraordinary General Meeting (EGM) held on November 21, 2025. The resolution, pertaining to the supply chain solutions and logistics services supplemental agreement with JD.com and proposed revised annual caps for the two years ending December 31, 2026, received substantial shareholder support.

Out of 2,027,890,931 shares entitled to vote, 746,771,230 shares (99.959%) were cast in favor of the resolution, while 305,599 shares (0.041%) voted against it. This outcome signifies overwhelming approval, exceeding the 50% threshold required for an ordinary resolution. Certain shareholders, including JD.com and its associates holding 4,274,926,685 shares (approximately 64.22% of total issued share capital), were required to abstain from voting due to their material interest in the transactions.

The total number of issued shares as of the EGM date was 6,656,781,772. The EGM was attended by executive director Zhenhui Wang and other directors, with Richard Qiangdong Liu and Nora Gu Yi Wu absent due to other business commitments.