Mergers & Acquisitions ·
Yimutian Inc. completed two previously disclosed acquisitions on September 10, 2026: a 100% stake in Qingdao…
YMTYimutian Inc.
Yimutian Inc. completed two previously disclosed acquisitions on September 10, 2026: a 100% stake in Qingdao Xingongguan Holiday Hotel Co., Ltd. for US$5.8 million and specific assets from Zhaodong Guohe Animal Husbandry Co., Ltd. for US$21.16 million, issuing approximately 73.8 billion Class A ordinary shares (12.3 million ADSs) as consideration. 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 approximately 72.8 billion Class A ordinary shares (12.1 million ADSs) at an issue price of US$2.06 per ADS, with rights to acquire the remaining equity up to 100%. In total, the company issued 146.6 billion Class A ordinary shares (24.4 million ADSs) across these transactions, resulting in approximately 152.3 billion ordinary shares outstanding as of September 24, 2026. Yimutian Inc. operates in the technology and hospitality sectors, providing internet information services and hotel management.