Press Releases
Yimutian Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price
BEIJING, April 8th, 2026 (GLOBE NEWSWIRE) – Yimutian Inc. (Nasdaq: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on April 2, 2026 indicating that the Company is not in compliance with the $1.00 minimum bid price requirement under the Nasdaq Listing Rules (the “Listing Rules”). Based on the closing bid
YIMUTIAN INC. REPORTS RECORD HARVEST RESULTS AT WOZHONGTIAN AI-ENABLED DEMONSTRATION FARMS, ADVANCING DIGITAL AGRICULTURE PLATFORM EXPANSION
BEIJING — April 7th— Yimutian Inc. ("Yimutian" or the "Company") (Nasdaq: YMT), a leading agricultural digital service company in China, today announced record harvest results at its Wozhongtian digital farming demonstration bases in Guangdong Province and provided an update on the commercial expansion of the Wozhongtian model. At the Company's Wozhongtian digital potato base in Zhanjiang, Guangdong, peak yields in the current harvest season exceeded 7,500 jin per mu (approximately 8.4 metric
Yimutian Inc. Launches Wolaicai Agricultural Service Station Network with First Location Opening in Henan Province
BEIJING, March 29, 2026 — Yimutian Inc. (the "Company") today announced the opening of the first Wolaicai Agricultural Service Station in Caoli Township, Fugou County, Henan Province, marking the commercial launch of the Company's integrated farm-level service network. The inaugural location generated approximately RMB 235,000 in orders within its first hour of operation, based on unaudited preliminary figures, with more than 100 growers placing advance orders on opening day. The Company plans t
Yimutian Inc. Provides Updates on Its Financing Plan
BEIJING, March 25, 2026 -- Yimutian Inc. (NASDAQ: YMT) (the “Company”) today announced an update to its recent financing plan. The Company’s previously announced private placement of up to US$30.0 million of senior convertible promissory notes with an institutional investor (the “Convertible Notes”) remains in effect in accordance with its terms. The initial closing of US$3.37 million was completed in December 2025, and the Company expects to conduct additional closing(s) under that facility, su
Yimutian Inc. Announces Resignation of Independent Director
Yimutian Inc. (NASDAQ: YMT) (the “Company”) announced that Junchen Sun, an independent director of the Company’s Board of Directors, has resigned from the Board, effective March 17, 2026. Mr. Sun’s decision to resign is due to personal reasons. The Company and the Board would like to thank Mr. Sun for his service and contributions to the Company during his tenure on the Board. The Nominating and Corporate Governance Committee of the Board will oversee the process for identifying a potenti
Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market
Xunxi brings RMB 340 million in audited 2025 revenue, 200+ institutional clients, and a 2 million-member digital commerce platform; performance-linked earnout structure ties management incentives to three-year profit targets
Yimutian Inc. Provides 2026 Strategic Update: Financing on Track, Management to Purchase No Less Than US$3 Million in Company Shares, Full-Year Revenue Expected to Reach RMB 1 Billion
Board and management reaffirm conviction in long-term value; twelve-month lock-up and formal repurchase program signal sustained alignment with shareholders
Yimutian Announces Preliminary Acquisition Agreement with Premium Camellia Oil Producer Jiufeng Agriculture
Strategic Expansion into High-Value Consumer Markets via AI-Driven Vertical Integration BEIJING, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Yimutian Group (“Yimutian” or the “Company”), a leading digital agriculture platform in China, announced that it has entered into a preliminary acquisition agreement
Yimutian Announces Strategic Cooperation for Large-Scale Digital Agriculture Project in Guangdong Province
BEIJING, China, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Yimutian Group (“Yimutian” or the “Company”), a leading digital agriculture platform in China, announced that it has entered into a strategic cooperation agreement (the “agreement”) with regional partners to jointly develop a large-scale integrated
Yimutian Inc. Achieves Key Progress in Acquiring Xunxi Technology —Legal Due Diligence Report Officially Completed
BEIJING, January 21, 2026 – Yimutian Inc. (Nasdaq: YMT), a leading agricultural digital service company in China, announced today that significant progress has been made in the transaction concerning its intended acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd. ("Xunxi Technology"). The Company has formally received the legal due diligence report and transaction structure documentation issued by Global Law Offices. The due diligence results revealed no legal or financial issues th