Yimutian Inc. Achieves Key Progress in Acquiring Xunxi Technology

Rhea-AI Summary

Yimutian (Nasdaq: YMT) said legal due diligence for its planned 100% acquisition of Ningbo Xunxi Technology is complete, with Global Law Offices finding no legal or financial issues that would affect the deal. Dongshen completed financial audit and evaluation. The transaction, announced Nov 6, 2025, uses a cash-and-stock structure and aims to shift Yimutian toward a B2B2C full-industry-chain model by adding Xunxi's e-commerce, channel expansion, and digital supply-chain capabilities. Management integration is planned: Xunxi CEO Lei Chen to join as VP and GM of Retail. Negotiations reached essential consensus and closing is expected by March 2026; final price and terms will be disclosed later.

Positive

• Legal due diligence found no legal or financial issues
• Dongshen completed financial audit and evaluation
• Acquisition aims to expand to a B2B2C full-industry-chain model
• Planned management addition: Lei Chen to lead retail business

Negative

• Final transaction pricing and specific terms remain undisclosed
• Agreement not yet closed; completion is expected by March 2026, not guaranteed
• Deal structure subject to negotiations despite essential consensus

News Market Reaction

-1.80%

1 alert

-1.80% News Effect

On the day this news was published, YMT declined 1.80%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Equity stake: 100% equity Announcement date: November 6, 2025 Expected closing: March 2026 +5 more

8 metrics

Equity stake 100% equity Planned acquisition of Ningbo Xunxi Technology Co., Ltd.

Announcement date November 6, 2025 Initial full-acquisition plan disclosure

Expected closing March 2026 Targeted completion of the Xunxi acquisition

CEO experience Over 20 years Lei Chen’s e-commerce industry experience

Pre-news price $1.945 Share price before this acquisition progress update

Pre-news move -4.47% 24h price change prior to article publication

52-week range $1.00–$6.05 YMT 52-week low and high before this news

Market cap $232,871,717 Equity value prior to the new acquisition update

Market Reality Check

Price: $1.72 Vol: Volume 129,540 is at 0.89...

normal vol

$1.72 Last Close

Volume Volume 129,540 is at 0.89x the 20-day average of 146,352, indicating muted trading interest pre-announcement. normal

Technical Shares at $1.945 are trading above the 200-day MA of $1.72 but remain 67.85% below the 52-week high of $6.05.

Peers on Argus

YMT was down 4.47% while peers showed mixed moves: KLTR +5.33%, NRDY +11.65%, XP...

YMT was down 4.47% while peers showed mixed moves: KLTR +5.33%, NRDY +11.65%, XPER +1.31%, ONTF -0.99%, SMRT 0%. This points to stock-specific dynamics rather than a coordinated sector move.

Previous Acquisition Reports

1 past event · Latest: Nov 06 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Nov 06	Acquisition agreement	Positive	+1.2%	Binding agreement to acquire Xunxi and pivot toward B2B2C ecosystem.

Pattern Detected

Available acquisition-related history shows a prior Xunxi deal announcement coinciding with a modest positive price reaction, suggesting past market receptiveness to this strategic shift.

Recent Company History

Over the past several months, Yimutian has balanced strategic expansion with listing-compliance pressures. An October 2025 cooperation with BC Technology advanced agricultural RWA products. On November 6, 2025, it announced the binding agreement to acquire Xunxi, targeting a "B2B2C" ecosystem and highlighting expected benefits to revenue and EPS. A subsequent Nasdaq MVPHS deficiency notice on November 14, 2025 underscored market-cap pressures. Today’s update reflects continued execution on the same Xunxi acquisition path.

Historical Comparison

acquisition

+1.2 %

Average Historical Move

Historical Analysis

In the past 6 months, Yimutian’s only prior acquisition update on Xunxi saw an average move of +1.24%, indicating previously constructive reactions to this strategy.

Typical Pattern

The company moved from a binding Xunxi acquisition agreement in <b>November 2025</b> toward completion of legal due diligence and a targeted closing by <b>March 2026</b>, marking steady transactional progress on the same asset.

Market Pulse Summary

This announcement confirms a key milestone in Yimutian’s acquisition of Xunxi, with legal due dilige...

Analysis

This announcement confirms a key milestone in Yimutian’s acquisition of Xunxi, with legal due diligence completed and no issues flagged. It reinforces the strategic pivot from a pure "B2B" model toward a "B2B2C" ecosystem, targeting contributions to revenue and EPS from the first full fiscal year after completion. Historically, the initial Xunxi deal news on November 6, 2025 drew a modestly positive reaction, suggesting investors will watch for closing by March 2026 and evidence of integration benefits.

Key Terms

legal due diligence, financial auditing, equity, b2b, +4 more

8 terms

legal due diligence financial

"The Company has formally received the legal due diligence report and..."

A careful review of a company’s legal standing and documents to uncover risks such as pending lawsuits, contract obligations, regulatory compliance gaps, property and intellectual‑property rights, and employment or tax liabilities. Think of it as inspecting the legal “wiring” before buying a house: it reveals hidden problems that could be costly or block a deal. Investors use it to judge how much risk to accept, whether to change the price, or to require protections before investing.

financial auditing financial

"Dongshen Certified Public Accountants has completed financial auditing..."

An independent, systematic review of a company’s financial records and reports to confirm they are accurate, complete, and prepared according to the relevant rules. For investors, an audit is like a trusted inspector’s report on a house: it reduces the chance of hidden problems, increases confidence in the numbers used to value the business, and can reveal weaknesses in controls or risks that might affect future returns.

equity financial

"its intended acquisition of 100% equity in Ningbo Xunxi Technology..."

Equity is an ownership stake in a company, usually represented by shares, that gives the owner a claim on the company’s profits and on its assets after debts are paid. For investors, equity matters because its value rises and falls with the company’s performance, determines potential dividend income and voting influence, and represents both the upside (growth) and the risk (loss) of owning a slice of the business, like owning a piece of a pie whose size can change.

b2b technical

"evolution from the original "B2B" model towards a "B2B2C"..."

Business-to-business (B2B) describes companies that sell products or services to other businesses rather than to individual consumers. For investors, B2B models often mean larger, repeatable contracts and revenue tied to corporate budgets, which can produce steadier, more predictable cash flow; think of a parts supplier selling regular batches to a factory rather than a shop selling single items to walk-in customers, so customer concentration and contract length matter.

b2b2c technical

"towards a "B2B2C" full-industry-chain ecosystem."

A B2B2C model is a go-to-market approach where a company sells products or services to other businesses that then deliver those goods or offer them to end consumers, so the company reaches final customers through partners rather than directly. For investors it matters because this setup can speed up customer reach and reduce marketing costs but also adds dependency on partners, affecting revenue growth, profit margins and how predictable future sales are — like a manufacturer selling through a chain of retailers instead of opening its own stores.

supply chain management technical

"capabilities in channel expansion, digital supply chain management..."

Supply chain management is the planning and coordination of how raw materials, parts and finished products move from suppliers through production to customers, plus the information and money that flow with them. For investors it matters because efficient supply chains keep costs down, deliveries reliable and inventory in check, which supports consistent profits and lowers the risk that disruptions will hurt revenue—think of it like timing ingredients to arrive so a kitchen can serve meals smoothly.

earnings per share financial

"expected to positively contribute to the Company's revenue and earnings per share..."

Earnings per share represent the amount of profit a company makes for each share of its stock, similar to how a pie’s total size can be divided into slices for each person. It helps investors understand how profitable the company is on a per-share basis, making it easier to compare its performance over time or against other companies. Higher earnings per share generally indicate better profitability and can influence a company's stock value.

due diligence financial

"integrating the transaction structure based on due diligence findings..."

Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

AI-generated analysis. Not financial advice.

Legal Due Diligence Report Officially Completed

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 integrating Xunxi Technology's capabilities in channel expansion, digital supply chain management, and multi-category operations, Yimutian aims to achieve end-to-end coverage of the agricultural industry chain from upstream production to terminal consumption, thereby diversifying its revenue structure. The transaction is expected to positively contribute to the Company's revenue and earnings per share starting from the first full fiscal year after completion.

To ensure the rigor, compliance, and maximization of commercial value for this strategic acquisition, Yimutian engaged independent third-party legal, financial, and business due diligence advisor teams. Global Law Offices, serving as legal counsel, has comprehensively completed the legal due diligence on Xunxi Technology's equity structure, compliant operations, and potential risks. Concurrently, Dongshen Certified Public Accountants has completed financial auditing and evaluation of the target company. Currently, negotiations for integrating the transaction structure based on due diligence findings have reached an essential consensus, and the final acquisition is expected to be completed by March 2026.

Company executives from both sides expressed clear expectations regarding the transaction's value. Jinhong Deng, chief executive officer of Yimutian, commented that: "Xunxi Technology's professional expertise in e-commerce operations holds high strategic synergy with Yimutian's agricultural industrial internet platform. Leveraging its supply chain experience and channel resources, we can more rapidly cover end-consumer scenarios, providing farmers and enterprise clients with full-chain services from production to sales. This will further enhance the profitability of various businesses such as Wolaicai and lay a solid foundation for us to serve a broader customer base."

According to the previously outlined plan, upon completion of the acquisition, Lei Chen, chief executive officer of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business. His over 20 years of experience in e-commerce will directly contribute to expanding the consumer-facing business. Lei Chen defined this cooperation as a "strong alliance." He stated: "Yimutian's advantages in agricultural digital infrastructure and full-industry-chain resources will enable our e-commerce operational capabilities to reach the consumer end more precisely. Whether for corporate procurement, membership services, or agricultural product distribution, it will unlock greater market potential. We are confident about the development prospects after joining."

It is understood that the final transaction pricing and other specific terms of this acquisition will be disclosed subsequently.

About Yimutian Inc:

Yimutian Inc, is a leading agricultural B2B platform in mainland China. Over a decade, the company has been dedicated to digitalizing China’s agricultural product supply chain infrastructure to streamline the agricultural product transaction process, and making it efficient, transparent, secure, and convenient.

For more information, please visit https://ir.ymt.com/

About Xunxi Technology:

Ningbo Xunxi Technology Co., Ltd. is a technology-driven comprehensive e-commerce operation service provider. Founded by former executives of internet companies such as NetEase and Alibaba, the company focuses on providing integrated solutions for financial institutions, enterprises, and public institutions, including corporate procurement, employee benefits, and digital marketing. It possesses rich supply chain resources and capabilities in multi-platform development and operational services.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, these forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor inquiries, please contact:

Email: ir@ymt360.com
Phone: +86 1057086561

For media inquiries, please contact:

Email: pr@ymt360.com

FAQ

What did Yimutian (YMT) announce about acquiring Xunxi Technology on Jan 23, 2026?

Yimutian announced completion of legal due diligence with no legal or financial issues and said negotiations reached essential consensus toward closing by March 2026.

How will the Xunxi Technology acquisition affect Yimutian's business model (YMT)?

Yimutian intends to shift from B2B to a B2B2C full-industry-chain model by adding Xunxi's e-commerce, channel, and digital supply-chain capabilities.

Will the Xunxi acquisition (YMT) change Yimutian's management team?

Yes; upon closing, Lei Chen, Xunxi CEO, is expected to join Yimutian as Vice President and General Manager of Retail Business.

When is the Yimutian (YMT) acquisition of Xunxi Technology expected to be completed?

The company expects the final acquisition to be completed by March 2026, subject to final terms and closing conditions.

Will the Xunxi acquisition immediately affect Yimutian's revenue and EPS (YMT)?

The company expects the transaction to contribute to revenue and earnings per share starting in the first full fiscal year after completion.

Have the final price and specific terms for Yimutian's (YMT) Xunxi deal been released?

No; the final transaction pricing and other specific terms will be disclosed subsequently.