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Yimutian proposes increasing Class B voting power to 10,000 votes per share
YMTYimutian Inc.
Yimutian Inc. announced an extraordinary general meeting scheduled for November 23, 2026, where shareholders will vote on proposed resolutions to significantly alter the company's capital structure and governance. The key proposal involves a special resolution to increase the voting rights attached to each Class B ordinary share from 1,000 to 10,000 votes. Additionally, the board seeks approval to increase authorized share capital from US$2 million divided into 200 billion shares to US$20 million divided into 2 trillion shares of a par value of US$0.00001 each. The meeting will also consider adopting the Fifteenth Amended and Restated Memorandum and Articles of Association. Yimutian Inc. is a leading agricultural digital service company in China that provides AI-powered services across the entire agricultural value chain.