Dividends & Buybacks ·
Yimutian Inc. plans ADS ratio change from 6,000 to 60,000 shares per ADS
YMTYimutian Inc.
Yimutian Inc. announced a plan to adjust the ratio of its American depositary shares (ADSs) to Class A ordinary shares from one ADS representing 6,000 shares to one ADS representing 60,000 shares. This change is effective on or around November 16, 2026, and functions as a 10-for-1 reverse split for ADS holders. Existing ADS holders must surrender ten old ADSs for one new ADS. Fractional entitlements will be sold by the depositary bank with proceeds distributed to holders. The underlying ordinary shares remain unaffected. Yimutian Inc. is a leading digital service provider covering China’s entire agricultural value chain, leveraging AI and big data technologies.