Mergers & Acquisitions ·
Yimutian Inc. completed two previously disclosed acquisitions on September 10, 2026: a 100% equity stake in Qingdao…
YMTYimutian Inc.
Yimutian Inc. completed two previously disclosed acquisitions on September 10, 2026: a 100% equity stake in Qingdao Xingongguan Holiday Hotel Co., Ltd. for US$5.8 million and specific land, buildings, and equipment assets from Zhaodong Guohe Animal Husbandry Co., Ltd. for US$21.16 million. Both transactions were settled via the issuance of Class A ordinary shares to sellers Ning Zhang, Kuili Zhang, and Zhaodong Guohe. Additionally, on September 20, 2026, the company completed the first phase of its acquisition of Qingdao Quanao Supply Chain Technology Co., Ltd., purchasing a 33.33% interest for US$25 million by issuing shares to Aoge (Beijing) Supply Chain Management Co., Ltd. at an issue price of US$2.06 per ADS. In total, the company issued approximately 146.6 billion Class A ordinary shares (equivalent to 24.4 million ADSs) across these transactions, bringing its total outstanding ordinary shares to over 152.3 billion as of September 24, 2026. Yimutian Inc. operates in the technology and internet sector, providing online marketing services.