Dividends & Buybacks ·
Yimutian Inc. announced a plan to change its American depositary share (ADS) ratio from one ADS representing 375 Class…
YMTYimutian Inc.
Yimutian Inc. announced a plan to change its American depositary share (ADS) ratio from one ADS representing 375 Class A ordinary shares to one ADS representing 6,000 Class A ordinary shares. This adjustment functions as a 16-for-1 reverse split for ADS holders, requiring the exchange of every 16 existing ADSs for one new ADS. The change is effective on or around August 27, 2026. Fractional entitlements will be aggregated and sold by JPMorgan Chase Bank, with net proceeds distributed to holders. No fractional new ADSs will be issued, and the underlying ordinary shares remain unaffected. This follows a previous ratio adjustment in May 2026. Yimutian Inc. operates as a leading digital service provider covering China’s entire agricultural value chain.