Research analysts covering Yimutian.
Recent press releases and 8-K filings for YMT.
Yimutian Inc. Completes Legal Due Diligence for Xunxi Technology Acquisition
YMT
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Yimutian Inc. (YMT) has completed the legal due diligence for its planned acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd., with the report revealing no legal or financial issues that would impact the transaction.
- This strategic acquisition, initially announced on November 6, 2025, aims to enhance Yimutian's business in the consumer segment, evolving from a B2B to a B2B2C full-industry-chain ecosystem.
- The transaction is expected to positively contribute to the Company’s revenue and earnings per share starting from the first full fiscal year after its anticipated completion by March 2026.
- Upon completion, Xunxi Technology's CEO, Lei Chen, will join Yimutian as Vice President and General Manager of Retail Business.
Jan 23, 2026, 1:08 PM
Yimutian Inc. Announces First Half 2025 Financial Results and Nasdaq Listing
YMT
Earnings
Demand Weakening
Delisting/Listing Issues
- Yimutian Inc. reported a 17.9% decrease in total revenues, falling to RMB66.4 million (US$9.3 million) for the first half of 2025 from RMB80.9 million in the same period of 2024, primarily due to declines in digital agricultural commerce services.
- Despite the revenue decrease, the company's gross margin improved from 73.5% in the first half of 2024 to 80.3% in the first half of 2025, driven by a 39.0% decrease in the cost of revenues.
- The net loss for the first half of 2025 decreased by 14.3% to RMB14.9 million (US$2.1 million), compared to RMB17.4 million in the prior year period.
- As of June 30, 2025, Yimutian Inc. had RMB1.7 million (US$0.2 million) in cash and reported net current liabilities of RMB445.8 million (US$62.2 million), with management outlining plans to address going concern risks through fund-raising and cost reductions.
- The company successfully listed its Class A ordinary shares on Nasdaq under the symbol "YMT" on August 19, 2025, at an offering price of $4.1 per share.
Dec 30, 2025, 11:08 AM
Yimutian Inc. Secures Up To $30 Million In Funding
YMT
Debt Issuance
New Projects/Investments
- Yimutian Inc. has secured up to $30 million in funding through a securities purchase agreement for senior convertible promissory notes with an institutional investor.
- An initial note of $3,370,000 was issued on December 8, 2025, with additional closings contemplated for up to $26,630,000.
- The company intends to use the net proceeds from the offering for working capital and general corporate purposes to enhance its liquidity position and strengthen its balance sheet.
- The notes bear interest at a rate of 10% per annum, payable monthly starting January 1, 2026, and are convertible into American depositary shares (ADSs) at an initial conversion price of $1.30 per ADS.
Dec 9, 2025, 9:35 PM
Yimutian Inc. receives Nasdaq notification regarding minimum market value of publicly held shares
YMT
Delisting/Listing Issues
- Yimutian Inc. received a Nasdaq notification on November 6, 2025, indicating non-compliance with the minimum Market Value of Publicly Held Shares (MVPHS) requirement for the Nasdaq Global Market.
- The company's MVPHS for the last 30 consecutive business days was below the US$15 million minimum requirement.
- Yimutian Inc. has a 180-calendar-day grace period, until May 5, 2026, to regain compliance by having its MVPHS close at US$15 million or more for a minimum of ten consecutive business days.
- Management expects MVPHS to increase after the 180-day lock-up period expires in February 2026, following its initial public offering, if shareholders convert ordinary shares into American depositary shares (ADSs).
Nov 13, 2025, 9:03 PM
Yimutian Inc. Announces Acquisition of Ningbo Xunxi Technology Co., Ltd.
YMT
M&A
New Projects/Investments
Management Change
- Yimutian Inc. has entered into a binding acquisition agreement to acquire 100% of Ningbo Xunxi Technology Co., Ltd. through a combination of cash and stock.
- This acquisition is intended to expand Yimutian's business from an agricultural B2B platform to a "B2B + B2C" ecosystem, integrating Xunxi Technology's capabilities in supply chain management and C-end consumer services.
- The transaction is expected to be completed in the first quarter of 2026, pending regulatory approvals and customary closing conditions.
- Lei Chen and Qunhua Wan, founders of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business upon the acquisition's completion.
Nov 6, 2025, 1:15 PM
Yimutian Inc. and BC Technology Enter into Strategic Cooperation
YMT
New Projects/Investments
Product Launch
- Yimutian Inc. and BC Technology (Hong Kong) Limited have entered into a strategic cooperation agreement to advance the development of agricultural Real-World Asset (RWA) products and digital transformation in global agricultural trade.
- The collaboration, announced on October 2, 2025, will focus on cross-border payment and settlement, agricultural RWA product innovation, and exploring new business scenarios.
- As part of the cross-border payment initiative, Yimutian plans to purchase no less than US$12 million worth of digital assets from BC Technology in three batches.
- Yimutian will provide agricultural products as underlying assets for RWA, which BC Technology will help digitize and issue to global investors, aiming to connect agricultural assets with the global capital market.
Oct 3, 2025, 8:05 PM
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