Yimutian Inc.

Yimutian Inc. announced the completion of three significant acquisitions: Qingdao Xingongguan Holiday Hotel Co., Ltd. for US$5.8 million, assets from Zhaodong Guohe Animal Husbandry Co., Ltd. for US$21.16 million, and a 33.33% stake in Qingdao Quanao Supply Chain Technology Co., Ltd. for US$25 million. These transactions were settled through the issuance of Class A ordinary shares. The company believes these acquisitions will increase its stockholders' equity to at least $2.5 million, potentially regaining compliance with Nasdaq's continued listing requirements.

Yimutian Inc. announced a plan to implement an ADS ratio change, effective on or around August 27, 2026. The ratio will change from one ADS representing 375 Class A ordinary shares to one ADS representing 6,000 Class A ordinary shares. This adjustment will function as a 16-for-1 reverse split for ADS holders, who will exchange 16 existing ADSs for one new ADS. The company expects a proportionate increase in the ADS trading price, and this change will not affect the underlying Class A ordinary shares.

Yimutian Inc. announced that the Nasdaq Hearings Panel approved its request to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market tier. This decision, received on July 8, 2026, is conditional upon the company meeting specific requirements, including a US$1.00 bid price by September 29, 2026, and US$2.5 million in stockholders' equity by September 30, 2026. Yimutian stated its intention to take all necessary steps to timely satisfy these conditions and comply with all applicable Nasdaq listing criteria.

Yimutian Inc. announced the full deployment of its WolaiCai AI Agent across all platforms, marking a significant milestone in its agricultural AI strategy. The system now processes over 200 million tokens daily, with AI-related products generating more than RMB20,000 (approximately US$3,000) in daily revenue. This deployment enhances user service efficiency and demonstrates growing commercial returns, with plans to launch an "AI Shop Assistant Agent" in the near future. The company's AI initiatives, which began in 2023, cover the entire agricultural value chain, from production to consumption, and have already shown tangible benefits like a 20% increase in potato farm yields.

Yimutian Inc. announced it formally submitted a hearing request to the Nasdaq Panel on May 20, 2026, following delisting notifications received on May 13, 2026. The notifications cited deficiencies under Nasdaq's Minimum Market Value of Listed Securities (MVLS) and Minimum Market Value of Publicly Held Shares (MVPHS) requirements. The hearing request automatically stays any delisting action, allowing the company's ADSs to continue trading on Nasdaq under "YMT" during the process. Yimutian is committed to regaining compliance and is implementing a comprehensive plan, though there is no assurance of success.

Yimutian Inc. announced it received two notifications from Nasdaq on May 13, 2026. The first indicated non-compliance with the $50 million Market Value of Listed Securities (MVLS) requirement, granting the company 180 days to regain compliance. The second was a determination letter stating the company is subject to delisting for failing to regain compliance with the $15 million Market Value of Publicly Held Shares (MVPHS) requirement by May 6, 2026. Yimutian plans to appeal the delisting notice, which will stay the proceedings, and intends to take steps to meet all Nasdaq listing rules.

Yimutian Inc. received a determination letter from Nasdaq on May 13, 2026, stating it is subject to delisting for failing to regain compliance with the minimum market value of publicly held shares (MVPHS) requirement of US$15,000,000 by May 6, 2026. The company plans to appeal this decision, which will temporarily stay delisting proceedings. Additionally, Yimutian received a separate notification for non-compliance with the Nasdaq Global Market's minimum market value of listed securities (MVLS) requirement of US$50,000,000, with a 180-day compliance period until November 9, 2026.

Yimutian Inc. announced the official launch of Wolaicai Sales Assistant, an agricultural AI agent designed to support merchants and buyers through intelligent sourcing, matching, quotation assistance, and automated transactions. The company believes this is China's first AI-powered tool deeply embedded in agricultural product trading scenarios. During its one-week trial, the product generated over RMB1,000 in daily commercial revenue and is projected to contribute over US$10 million in full-year revenue growth, significantly expanding Yimutian's AI capabilities into core transaction layers.

Yimutian Inc. announced it has filed a registration statement on Form F-6 to increase its registered American Depositary Shares (ADSs) facility by 200 million additional ADSs. This move is primarily intended to facilitate the issuance of ADSs for ongoing and potential future acquisitions, as well as other strategic projects. The company clarified that this filing relates solely to the registration of ADSs and does not involve any immediate offering or sale of securities, nor does it have any immediate dilutive effect on shareholders.

Yimutian Inc. announced a change in its American Depositary Shares (ADSs) to Class A ordinary shares ratio, effective on or around May 18, 2026. The new ratio will be one ADS representing 375 Class A ordinary shares, up from the current 25. This change will have the same effect as a 15-for-1 reverse split for ADS holders, requiring them to exchange every 15 existing ADSs for one new ADS. The company expects the ADS trading price to increase proportionately.