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Stock impact report

Yimutian Inc. Achieves Key Progress in Acquiring Xunxi Technology

Yimutian Inc. - American Depositary Shares; each representing 25 Class A ordinary shares (YMT) 
Company Research Source: GlobeNewswire
BEIJING, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (Nasdaq: YMT), a leading agricultural digital service company in China, announced 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 that would impact the transaction, marking a key step forward in the compliance and execution phases of this strategic acquisition. On November 6, 2025, Yimutian officially announced its plan to acquire Xunxi Technology in full via a combination of cash and stock. The core strategic objective of this acquisition is to enhance the Company's business layout in the consumer segment and drive its evolution from the original "B2B" model towards a "B2B2C" full-industry-chain ecosystem. By i Show less Read more
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