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YM
Yimutian Inc. American Depositary Shares
YMT
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YM
YMT
YM
Yimutian Inc. American Depositary Shares
YMT
News
·
Yimutian Inc. Announces Submission of Hearing Request to Nasdaq and Proactive Measures to Regain Full Compliance
Mkt Cap
$335,983
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51.11K
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Yimutian Inc. Announces Submission of Hearing Request to Nasdaq and Proactive Measures to Regain Full Compliance
Yimutian Inc. (Nasdaq: YMT), a Chinese agricultural digital service company, submitted a hearing request to Nasdaq on May 20, 2026, after receiving notifications of non-compliance with minimum market value requirements for listed securities and publicly held shares. The company faces potential delisting but has implemented a comprehensive plan to regain compliance. Trading will continue during the hearing process.
GlobeNewswire Inc. · May 22, 2026
Yimutian Inc. Launches Wolaicai Agricultural Service Station Network with First Location Opening in Henan Province
Yimutian Inc. opened its first Wolaicai Agricultural Service Station in Henan Province, generating approximately RMB 235,000 in orders within the first hour. The integrated farm-level service network combines agricultural input supply, agronomic advisory services, and crop offtake. The company plans to expand to hundreds of locations across major agricultural producing regions over the next three years, with priority given to Henan, Shandong, Hebei, and Jiangsu provinces.
GlobeNewswire Inc. · Mar 31, 2026
Yimutian Inc. Announces Resignation of Independent Director
Yimutian Inc. announced the resignation of independent director Junchen Sun due to personal reasons effective March 17, 2026. The company also issued a strategic update indicating financing is on track, management plans to purchase at least US$3 million in company shares, and full-year revenue is expected to reach RMB 1 billion. Additionally, Yimutian announced plans to acquire Ningbo Xunxi Technology for RMB 50 million to enter the enterprise digital commerce market.
GlobeNewswire Inc. · Mar 25, 2026
Why Is Yimutian Stock Gaining Tuesday?
Yimutian (NASDAQ: YMT) stock surged 21.79% in premarket trading Tuesday following a strategic update. The company announced a $30 million convertible note facility with $3.3 million already funded, management plans to buy at least $3 million in shares over nine months, and expects 2026 revenue of approximately 1 billion yuan. Additionally, Yimutian announced the acquisition of Ningbo Xunxi Technology for 50 million yuan to expand its digital commerce capabilities in enterprise procurement.
Benzinga · Mar 24, 2026
Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market
Yimutian Inc. announced a binding acquisition agreement to acquire Ningbo Xunxi Technology for RMB 50 million (RMB 40 million cash plus RMB 10 million in stock options). Xunxi is an enterprise e-commerce and digital procurement platform founded by former NetEase and Alibaba executives, with 2025 audited revenues of RMB 340 million and net profit of RMB 5.8 million. The acquisition includes a multi-year earnout arrangement through 2028 tied to Xunxi's net profit performance, allowing Yimutian to expand into enterprise digital commerce while complementing its existing agricultural supply chain business.
Benzinga · Mar 24, 2026
Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market
Yimutian Inc. announced the acquisition of Ningbo Xunxi Technology for RMB 50 million (RMB 40M cash + RMB 10M stock options). Xunxi, founded by former NetEase and Alibaba executives, generated RMB 340 million in 2025 revenue with 200+ institutional clients and 2 million registered members. The deal includes a performance-linked earnout structure through 2028 tied to net profit targets, combining Yimutian's supply-side agricultural platform with Xunxi's demand-side enterprise procurement capabilities.
GlobeNewswire Inc. · Mar 24, 2026
US tries 'Monkey Scaring' To Rid Wall Street Of Suspicious Chinese Listings
A U.S. congressional committee has sent letters to three small investment banks (D. Boral Capital, Dominari Securities, and Revere Securities) investigating their role in underwriting suspicious Chinese IPOs that allegedly engaged in 'pump-and-dump' schemes, defrauding American investors of $16 billion since 2023. The move reflects a broader U.S. campaign to eliminate fraudulent Chinese listings from Wall Street, with Chinese IPO fundraising dropping significantly to $1.12 billion in 2024.
Benzinga · Mar 13, 2026
What's Going On With Yimutian Stock Friday?
Yimutian Inc. (NASDAQ:YMT) stock rose 3% Friday following announcements of two strategic growth initiatives: a cooperation agreement to co-develop a large 21,000 mu integrated farmland project in Guangdong Province, China, and a preliminary acquisition agreement with Hunan Jiufeng Agriculture Co., Ltd., a premium camellia oil producer. The company plans to deploy AI-powered tools and digital platforms across both initiatives to modernize agricultural operations.
Benzinga · Feb 6, 2026
Yimutian Announces Preliminary Acquisition Agreement with Premium Camellia Oil Producer Jiufeng Agriculture
Yimutian Inc (NASDAQ: YMT), a leading digital agriculture platform in China, announced a preliminary acquisition agreement with Hunan Jiufeng Agriculture Co., Ltd., a premium camellia oil producer. Jiufeng Agriculture operates a vertically integrated business with approximately 30,000 mu of oil-tea plantations and manages over 150,000 mu of farmland through agricultural consortiums. Yimutian plans to deploy AI and digital technologies across the camellia oil value chain to optimize production, enhance manufacturing efficiency, and expand market reach domestically and internationally. The transaction is subject to further due diligence and customary closing conditions.
Benzinga · Feb 6, 2026
Yimutian Announces Preliminary Acquisition Agreement with Premium Camellia Oil Producer Jiufeng Agriculture
Yimutian Group, a leading digital agriculture platform in China, has entered into a preliminary acquisition agreement with Hunan Jiufeng Agriculture Co., Ltd., a premium camellia oil producer. The acquisition represents a strategic expansion for Yimutian to build an integrated agricultural ecosystem spanning production, circulation, and consumer markets. Yimutian plans to deploy AI and digital technologies across the camellia oil value chain to enhance efficiency, quality control, and market reach.
GlobeNewswire Inc. · Feb 6, 2026
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