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Recent Updates — YMT

September 15, 2026View Source ↗

On September 9, 2026, Yimutian Inc. entered into supplemental agreements to amend the consideration for its August 20 acquisitions of Qingdao Xingongguan Holiday Hotel Co., Ltd. and Zhaodong Guohe Animal Husbandry Co., Ltd. The revised share counts reflect an adjusted ADS price of US$2.192 and a new ratio of one ADS to 6,000 Class A ordinary shares. For the equity purchase, consideration increased from approximately 9.96 billion to 15.88 billion shares (2.65 million ADSs). For the asset purchase, consideration rose from approximately 36.35 billion to 57.92 billion shares (9.65 million ADSs). Yimutian Inc. operates in the online-to-offline travel and tourism industry.

September 8, 2026View Source ↗

Yimutian Inc. issued a $933,333 senior convertible promissory note on September 8, 2026, under an existing Securities Purchase Agreement with an aggregate capacity of $30 million. The Second Additional Note carries an initial conversion price of $2.12 per ADS and matures on September 8, 2027. This issuance brings the total principal amount of notes issued to date to approximately $6.09 million across four tranches. The agreement includes covenants restricting cash dividends and requiring a minimum cash balance of $500,000. Yimutian Inc. operates in the digital entertainment industry, providing online games and other interactive services.

September 2, 2026View Source ↗

Yimutian Inc. held its Annual General Meeting on August 31, 2026, where shareholders approved a special resolution increasing Class B voting rights from twenty to one thousand votes per share and an ordinary resolution expanding authorized share capital tenfold to US$2,000,000 divided into 200 billion shares. The company also adopted its Fourteenth Amended and Restated Memorandum and Articles of Association. Yimutian Inc. operates in the agricultural technology industry, providing digital services across China's agricultural value chain.

August 26, 2026View Source ↗

On August 20, 2026, Yimutian Inc. entered into definitive agreements to acquire two Chinese assets through share issuances totaling approximately US$27 million. First, it agreed to acquire 100% of Qingdao Xingongguan Holiday Hotel Co., Ltd., an entity owning commercial and office properties in Qingdao appraised at RMB116.2 million, for US$5.8 million payable via the issuance of roughly 9.96 billion Class A ordinary shares. Second, it agreed to acquire land, buildings, and equipment from Zhaodong Guohe Animal Husbandry Co., Ltd., located in Heilongjiang Province with an appraised value of RMB143.5 million, for US$21.2 million payable via the issuance of roughly 36.35 billion Class A ordinary shares. Both transactions involve a six-month asset cleanup period and are governed by PRC law. Yimutian Inc. operates in the technology sector, providing online travel agency services.

August 11, 2026View Source ↗

Yimutian Inc. announced an Annual General Meeting scheduled for August 31, 2026, in Beijing. The company proposes a special resolution to increase authorized share capital tenfold from US$200,000 (20 billion shares) to US$2 million (200 billion shares), creating additional Class A and Class B ordinary shares. Another special resolution seeks to amend voting rights for Class B shares, raising the entitlement from 20 votes per share to 1,000 votes per share. The board recommends shareholders vote in favor of these resolutions. Yimutian Inc. operates as a leading digital service provider covering China’s entire agricultural value chain.

August 7, 2026View Source ↗

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.