Yimutian Inc. Provides 2026 Strategic Update: Financing on Track, Management to Purchase No Less Than US$3 Million in Company Shares, Full-Year Revenue Expected to Reach RMB 1 Billion

Yimutian (NASDAQ:YMT) provided a 2026 strategic update on March 24, 2026, outlining financing, insider purchases, and revenue guidance.

Rhea-AI Summary

Yimutian (NASDAQ:YMT) provided a 2026 strategic update on March 24, 2026, outlining financing, insider purchases, and revenue guidance.

The company said its US$30 million convertible note facility (signed Dec 2025) is proceeding, with an initial US$3.3 million tranche funded and additional tranches expected. Management pledged to buy at least US$3 million of shares over nine months, accept a 12‑month lock‑up on existing holdings, and pursue a formal share repurchase program. Full‑year 2026 revenue is expected to be about RMB 1.0 billion, roughly split between core operations and the pending Xunxi acquisition, which is contingent on closing.

Positive

• Convertible note facility of US$30M provides near‑term liquidity
• Initial tranche funded: US$3.3M
• Management committed to buy ≥US$3M of shares
• Management agreed to a 12‑month lock‑up on holdings
• Full‑year revenue guidance of RMB 1.0B

Negative

• Xunxi revenue contribution is contingent on closing
• Remaining note tranches subject to customary conditions

Argus Mar 24 session

+9.93% close to close 454.8x rel. volume Open Argus

Details

News Market Reaction – YMT

On Mar 24, the day this news came out, YMT closed 9.93% above the previous close. That session’s volume was 454.8x the stock’s average daily volume.

Data tracked by StockTitan Argus for the Mar 24 session.

Key Figures

Convertible note facility: US$30 million Initial note tranche: US$3.3 million Insider share purchases: US$3 million +3 more

Convertible note facility

US$30 million

Total facility signed December 2025

Initial note tranche

US$3.3 million

First tranche funded under convertible facility

Insider share purchases

US$3 million

Minimum open-market buying over next nine months

Revenue outlook 2026

RMB 1.0 billion

Management expectation for full-year 2026 revenue

Lock-up period

12 months

Management lock-up on existing holdings

Purchase window

9 months

Timeline for planned insider open-market buying

Historical Context

5 past events · Latest: Feb 05

5 events

1. Feb 05

   Agriculture acquisition plan

   24h Move

   -8.7%

   Preliminary deal to acquire Jiufeng Agriculture for AI-driven agri ecosystem.

2. Feb 05

   Digital farming project

   24h Move

   -8.7%

   Strategic cooperation on large-scale digital agriculture project in Guangdong.

3. Jan 23

   Xunxi deal progress

   24h Move

   -1.8%

   Legal due diligence completed for 100% acquisition of Xunxi Technology.

4. Nov 14

   Nasdaq compliance notice

   24h Move

   -3.8%

   Nasdaq notified non-compliance with US$15M market value requirement.

5. Nov 06

   Xunxi acquisition agreement

   24h Move

   +1.2%

   Binding agreement to acquire Xunxi, expected to boost revenue and EPS.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

convertible note, lock-up, share repurchase program, open market

4 terms

convertible note financial

"The Company's US$30 million convertible note facility, signed in December 2025..."

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

lock-up financial

"committed to a twelve-month lock-up on existing holdings, foregoing the ability..."

A lock-up is an agreement that prevents company insiders, early investors or employees from selling their shares for a set period after a public share offering. It matters to investors because it temporarily limits the number of shares available to trade—like a scheduled hold on extra inventory—and when that hold ends a large number of shares can enter the market, potentially putting downward pressure on the stock price and revealing insiders’ confidence in the company.

share repurchase program financial

"adopt a formal share repurchase program in the near term, which will provide..."

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

open market financial

"purchasing no less than US$3 million of the Company's shares in the open market."

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

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Board and management reaffirm conviction in long-term value; twelve-month lock-up and formal repurchase program signal sustained alignment with shareholders

BEIJING, March 24, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (the "Company") today issued a strategic update to investors and market participants, outlining the Company's capital plan, equity commitments, and financial outlook for 2026. Following a management meeting convened on March 20, 2026, the Board and senior management are setting out, in plain terms, the actions the Company is taking and the results it expects to deliver over the coming year.

The Company's US$30 million convertible note facility, signed in December 2025 and filed with the SEC, is proceeding as planned. The initial tranche of US$3.3 million has been funded, with a second tranche expected to close in the near term and the remainder to be drawn during the year subject to customary conditions. The facility provides the Company with the liquidity and flexibility to execute on organic growth initiatives and pursue strategic acquisitions as opportunities arise. The full terms are available in the Company's filing on SEC EDGAR: https://www.sec.gov/Archives/edgar/data/1991605/000121390025119688/ea0268977-6k_yimutian.htm

More directly, the Company and its management team are putting their own capital behind that conviction. Over the next nine months, they commit to purchasing no less than US$3 million of the Company's shares in the open market. The management team has further committed to a twelve-month lock-up on existing holdings, foregoing the ability to sell regardless of how market conditions evolve. The Company is also working with its Board to adopt a formal share repurchase program in the near term, which will provide a structured, ongoing mechanism for capital return alongside management's personal purchases. Open market buying by insiders requires real cash and accepts real market risk. These commitments mean management's financial interests are tied to the same outcome as every shareholder's.

On the business, management expects total 2026 revenue of approximately RMB 1.0 billion, with roughly equal contributions from the Company's core operations and the pending Xunxi acquisition. The core business is being driven by online-to-offline integration, geographic expansion into underpenetrated markets, supply chain digitization, and deepening partnerships with supermarket operators and livestreaming commerce platforms — initiatives already in execution across the Company's business lines. The Xunxi contribution is contingent on closing, which the Company expects in the near term. Detailed segment disclosures and unit economics will follow in the Company's financial reports once available. The Company looks forward to providing further updates on its operational and financial progress in connection with its upcoming financial results.

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. Such statements include, but are not limited to, statements regarding the anticipated use of proceeds, the occurrence of closings for additional Notes in an aggregate principal amount of up to $26,630,000 (which may never occur), and the filing of a registration statement to register the resale of the ADSs issuable upon conversion of the note. 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.

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

Investor & Media Contacts

Investor Relations: ir@ymt360.com | +86 10 5708 6561
Media: pr@ymt360.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What financing did YMT announce on March 24, 2026?

The company confirmed a US$30 million convertible note facility, with US$3.3 million initially funded. According to Yimutian, additional tranches are expected to close in the near term, with the remainder to be drawn during 2026 subject to customary conditions.

How much will YMT management purchase of company shares and over what period?

Management committed to buy at least US$3 million of YMT shares over the next nine months. According to Yimutian, these open‑market purchases are separate from a planned formal repurchase program and align management with shareholders.

What lock‑up did YMT management agree to and why does it matter?

Management agreed to a 12‑month lock‑up on existing holdings, foregoing sales during that period. According to Yimutian, this lock‑up signals long‑term alignment and prevents insiders from selling regardless of market conditions.

What is YMT's 2026 revenue outlook and what drives it?

Yimutian expects approximately RMB 1.0 billion in 2026 revenue, split roughly equally between core operations and Xunxi. According to Yimutian, core drivers include O2O integration, geographic expansion, supply chain digitization, and partnerships with supermarkets and livestream commerce.

Is Xunxi revenue included in YMT's guidance for 2026?

Yes, but the Xunxi contribution is contingent on closing the acquisition in the near term. According to Yimutian, revenue guidance assumes roughly equal contributions from core operations and the pending Xunxi transaction once it closes.