Yimutian Inc. Reaches Binding Acquisition Agreement to Acquire Ningbo Xunxi Technology Co., Ltd., Strategically Expanding into the "B2B2C" Business Ecosystem
Yimutian Inc. - American Depositary Shares; each representing 25 Class A ordinary shares (YMT)
Company Research
Source: GlobeNewswire
BEIJING, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Yimutian Inc. (Nasdaq: YMT, hereinafter referred to as "Yimutian" or the “Company”), a leading agricultural digital service company in China, announced that it has reached a binding acquisition agreement with Ningbo Xunxi Technology Co., Ltd. (hereinafter referred to as “Xunxi Technology” or the “Target Company”). It plans to acquire 100% of Xunxi Technology’s equity through a combination of cash and stock, with the transaction consideration to be announced later. Upon the completion of this acquisition, it will help optimize the Company's strategic layout in B2C businesses, enhance its services such as channel development and digital supply chain management, and achieve the construction of an integrated industrial chain ecosystem from “B2B” to “B2B2C”. The transaction is expected to be completed in the first quarter of 2026, subject to the satisfaction of customary closing conditions including regulatory approvals. After the closing of
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YMT
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/6/25 - Form 6-K
- 10/3/25 - Form 6-K
- YMT's page on the SEC website