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Yimutian (YMT), China's largest agricultural B2B digital service enterprise, has formed a strategic partnership with BC Technology to develop agricultural Real-World Asset (RWA) products and enhance cross-border trade services. The collaboration includes Yimutian's commitment to purchase $12 million in digital assets across three installments.
The partnership focuses on three core areas: cross-border payment solutions, agricultural RWA product innovation using assets like rare Chinese medicinal materials, and new business scenario exploration. Yimutian serves nearly 60 million users across 2,800 counties with over 15,000 agricultural product types. According to BCG, the global RWA market is projected to reach $16 trillion by 2030.
Yimutian (NASDAQ:YMT), a leading Chinese agricultural B2B platform, has announced the pricing of its IPO at $4.10 per ADS, with each ADS representing 25 Class A ordinary shares. The company is offering 5,010,000 ADSs for a total offering size of $20.541 million.
The offering consists of 4,522,000 ADSs from the company and 488,000 ADSs from selling shareholders. US Tiger Securities is serving as the underwriter, with a 45-day option to purchase up to 678,300 additional ADSs. Trading is set to commence on August 19, 2025, under the symbol "YMT" on the Nasdaq Stock Market.
The proceeds will fund the enhancement of digital agricultural commerce services, technological infrastructure development, and expansion of agricultural sourcing and trading services.
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