Press Releases
Yimutian Inc. Announces Submission of Hearing Request to Nasdaq and Proactive Measures to Regain Full Compliance
Yimutian Inc. (Nasdaq: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it has formally submitted a hearing request to the Hering Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) on May 20, 2026, Eastern Time. As previously disclosed, on May 13, 2026, the Company received (i) a notification regarding its deficiency under the Minimum Market Value of Listed Securities (MVLS) requirement pursuant to Nasdaq Listing
Yimutian Inc. Announces Receipt of Nasdaq Notification Regarding Market Value of Listed Securities Requirement and Nasdaq Delisting Notice Subject to Hearing Request
BEIJING, May 19, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (Nasdaq: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it received two written notifications from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on May 13, 2026, the details of which are described below. On May 13, 2026, the Company received a written notification (the “MVLS Deficiency Notice”) from Nasdaq on May 13, 2026, notifying the Com
Yimutian Launches Wolaicai Sales Assistant, an Agricultural AI Agent for Produce Trading, expecting AI initiatives to contribute over US$10 million in full-year revenue growth
BEIJING, May 7, 2026 -- Yimutian Inc. (NASDAQ: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced the official launch of the Wolaicai Sales Assistant, an agricultural AI agent that the Company believes to be China’s first AI-powered tool deeply embedded in agricultural product trading scenarios. Wolaicai Sales Assistant is designed to support agricultural merchants and buyers through intelligent sourcing and matching, quotation assistance
Yimutian Inc. Increased Registered ADS Facility by 200 Million Additional ADSs
Beijing, April 30, 2026–Yimutian Inc. (NASDAQ: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it has filed a registration statement on Form F-6 to increase the registered American Depositary Shares (“ADSs”) facility by 200 million additional ADSs. The registered ADSs are primarily intended to facilitate the issuance of ADSs from time to time upon deposit of the Company’s ordinary shares, including in connection with ongoing and p
Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio
BEIJING, April 29, 2026 -- Yimutian Inc. (NASDAQ: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”) from the current ratio of one ADS representing 25 Class A ordinary shares to 375 Class A ordinary shares, effective on or around May 18, 2026, U.S. Eastern time (the “Effective Date”). For the Company’s AD
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