STOCK TITAN

Yimutian boosts Class B votes to 1,000 each

After the Aug. 31, 2026 meeting, Class B shares carry 1,000 votes each and authorized capital rises from $200,000 to $2,000,000.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Yimutian Inc. (YMT) reports that shareholders approved two key changes at the 2026 annual general meeting held on August 31, 2026. First, a special resolution increased the voting power of each Class B ordinary share from 20 votes to 1,000 votes on all matters at general meetings. Second, an ordinary resolution expanded the company’s authorized share capital from US$200,000 (20,000,000,000 shares) to US$2,000,000 (200,000,000,000 shares), including 160,000,000,000 Class A shares and 8,000,000,000 Class B shares, by creating additional authorized but unissued shares across all classes.

Positive

  • None.

Negative

  • Class B voting power increased to 1,000 votes per share, significantly strengthening the voting influence of holders of Class B ordinary shares relative to other shareholders.
  • Authorized share capital expanded tenfold to 200,000,000,000 shares, increasing the number of authorized Class A and Class B shares and creating substantial additional authorized but unissued equity that could be issued in the future.

Filing Explained

The approved amendments increase Class B voting power and create authorized-but-unissued capacity, without reporting issuance of the added shares.

This Form 6-K, an interim report used by a foreign private issuer to furnish material home-market information, reports that shareholders adopted amendments at the August 31, 2026 annual meeting.

The special resolution raises the voting entitlement of each Class B ordinary share from 20 votes to 1,000 votes on matters submitted to general meetings, increasing the voting weight attached to each Class B share.

The capital resolution expands authorized share capital and expressly creates additional authorized but unissued shares, so this filing establishes issuance capacity rather than reporting a completed share issuance.

A later filing showing issuance would resolve whether this authorization has moved from capacity into an issued-share ownership or dilution event.

Class B votes per share (new) 1,000 votes per share Voting power of each Class B ordinary share after special resolution
Class B votes per share (prior) 20 votes per share Voting power of each Class B ordinary share before special resolution
Authorized share capital (prior) US$200,000 20,000,000,000 shares of par value US$0.00001 each before change
Authorized share capital (new) US$2,000,000 200,000,000,000 shares of par value US$0.00001 each after change
Authorized Class A shares (new) 160,000,000,000 shares Class A ordinary shares authorized after capital variation
Authorized Class B shares (new) 8,000,000,000 shares Class B ordinary shares authorized after capital variation
Additional Class A shares created 144,000,000,000 shares New authorized but unissued Class A ordinary shares
Additional Class B shares created 7,200,000,000 shares New authorized but unissued Class B ordinary shares
Class B ordinary share financial
"the number of votes that each Class B ordinary share, par value US$0.00001 each"
A Class B ordinary share is a type of common stock that carries a specific set of rights—often different voting power or dividend priority—distinct from other share classes of the same company. Think of it like owning a different model of the same car: it gets you the ride (ownership and profit share) but may limit your say in steering (voting) or how quickly you receive payouts; investors care because these differences affect control, influence over management decisions, and potential return or liquidity.
authorized share capital financial
"as an ordinary resolution, THAT the authorized share capital of the Company be varied"
The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.
special resolution regulatory
"as a special resolution, THAT the number of votes that each Class B ordinary share"
A special resolution is a formal shareholder vote that requires a higher-than-normal majority—typically around three-quarters—to approve major corporate changes, such as altering the company’s governing rules, selling the business, or winding it up. It matters to investors because it signals decisive, potentially value-altering actions that cannot be passed by a simple majority; think of it as needing extra votes to change the rules of a club, so minority interests are harder to override.
ordinary resolution regulatory
"as an ordinary resolution, THAT the authorized share capital of the Company be varied"
An ordinary resolution is a decision made by shareholders at a company meeting that is approved when more than half of the votes cast are in favor. Think of it like a household vote where a majority decides routine matters — it covers everyday corporate actions such as approving directors, routine policy changes, or distributions, and matters to investors because these majority-approved choices shape governance, management authority, and the company’s near-term direction.
Memorandum and Articles of Association regulatory
"Fourteenth Amended and Restated Memorandum and Articles of Association"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.

FAQ

What governance changes did YMT approve at the August 31, 2026 annual meeting?

Shareholders approved a special resolution raising Class B ordinary share voting power from 20 to 1,000 votes per share, and an ordinary resolution expanding authorized share capital from US$200,000 to US$2,000,000, or from 20,000,000,000 to 200,000,000,000 shares.

How did Yimutian Inc. (YMT) change the voting rights of Class B shares?

Each Class B ordinary share now carries 1,000 votes on matters at general meetings, up from 20 votes previously, following approval of a special resolution at the 2026 annual general meeting.

How much did YMT increase its authorized share capital?

Authorized share capital increased from US$200,000 (20,000,000,000 shares of US$0.00001 par value) to US$2,000,000 (200,000,000,000 shares of US$0.00001 par value), according to the ordinary resolution adopted at the 2026 annual general meeting.

What are the new authorized share amounts for YMT Class A and Class B shares?

The new structure authorizes 160,000,000,000 Class A ordinary shares and 8,000,000,000 Class B ordinary shares, plus 32,000,000,000 shares of other classes as the Board may determine, all with par value US$0.00001.

How many additional authorized but unissued shares did YMT create?

The resolutions created additional authorized but unissued shares comprising 144,000,000,000 Class A ordinary shares, 7,200,000,000 Class B ordinary shares and 28,800,000,000 shares of such other classes as the Board may determine.

Did Yimutian Inc. amend its constitutional documents following the meeting?

Yes. The company adopted a Fourteenth Amended and Restated Memorandum and Articles of Association, which reflects the approved changes and is included as an exhibit.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-42760

 

 

 

Yimutian Inc.

(Registrant’s Name)

 

 

 

6/F, Building B-6, Block A Zhongguancun
Dongsheng Technology Campus No. 66
Xixiaokou Road
Haidian District, Beijing 100192
The People’s Republic of China

(Address of Principal Executive Offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

 

Results of 2026 Annual General Meeting

 

Yimutian Inc. (the “Company”) held an annual general meeting of shareholders (the “Annual General Meeting”) on August 31, 2026 at 10:00 a.m., Beijing time. At the Annual General Meeting, the shareholders of the Company adopted the following resolutions:

 

  (1)as a special resolution, THAT the number of votes that each Class B ordinary share, par value US$0.00001 each, shall entitle the holder thereof on all matters subject to vote at general meetings of the Company from twenty (20) to one thousand (1,000).
    
  (2)as an ordinary resolution, THAT the authorized share capital of the Company be varied:

 

FROM: US$200,000 divided into 20,000,000,000 shares of a par value of US$0.00001 each, comprising (i) 16,000,000,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 800,000,000 Class B ordinary shares of a par value of US$0.00001 each, and (iii) 3,200,000,000 shares of a par value of US$0.00001 each of such class or classes (however designated) as the Board of Directors may determine in accordance with the Articles.

 

TO: US$2,000,000 divided into 200,000,000,000 shares of a par value of US$0.00001 each, comprising (i) 160,000,000,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 8,000,000,000 Class B ordinary shares of a par value of US$0.00001 each, and (iii) 32,000,000,000 shares of a par value of US$0.00001 each of such class or classes (however designated) as the Board of Directors may determine in accordance with the Articles by the creation of additional authorized but unissued (a) 144,000,000,000 Class A Ordinary Shares; (b) 7,200,000,000 Class B Ordinary Shares and (c) 28,800,000,000 shares of such class or classes (however designated) as the Board may determine in accordance with the Articles.

 

  (3)as a special resolution, THAT the Company’s Thirteenth Amended and Restated Memorandum and Articles of Association be amended and restated by the deletion in their entirety and by the substitution in their place of the Fourteenth Amended and Restated Memorandum and Articles of Association.

 

A copy of the Fourteenth Amended and Restated Memorandum and Articles of Association of the Company is filed herewith as Exhibit 3.1 and is incorporated herein by reference.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
3.1   Fourteenth Amended and Restated Memorandum and Articles of Association
99.1   Press Release - Yimutian Inc. Announces Results of 2026 Annual General Meeting

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Yimutian Inc.
     
  By /s/ Shijie Chen
  Name:  Shijie Chen
  Title: Director and Chief Financial Officer

 

Date: September 2, 2026

 

3

 

Exhibit 99.1

 

Yimutian Inc. Announces Results of 2026 Annual General Meeting

 

BEIJING, September 2, 2026 – Yimutian Inc. (“Yimutian” or “Company”) (Nasdaq: YMT), a leading agricultural digital service company in China, today announced that the following proposed resolutions submitted for shareholder approval as set forth in the notice of annual general meeting dated August 11, 2026 have been adopted at its 2026 annual general meeting of shareholders held on August 31, 2026:

 

1.as a special resolution, THAT the number of votes that each Class B ordinary share, par value US$0.00001 each, shall entitle the holder thereof on all matters subject to vote at general meetings of the Company from twenty (20) to one thousand (1,000).
  
2.as an ordinary resolution, THAT the authorized share capital of the Company be varied

 

FROM: US$200,000 divided into 20,000,000,000 shares of a par value of US$0.00001 each, comprising (i) 16,000,000,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 800,000,000 Class B ordinary shares of a par value of US$0.00001 each, and (iii) 3,200,000,000 shares of a par value of US$0.00001 each of such class or classes (however designated) as the Board of Directors may determine in accordance with the Articles.

 

TO: US$2,000,000 divided into 200,000,000,000 shares of a par value of US$0.00001 each, comprising (i) 160,000,000,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 8,000,000,000 Class B ordinary shares of a par value of US$0.00001 each, and (iii) 32,000,000,000 shares of a par value of US$0.00001 each of such class or classes (however designated) as the Board of Directors may determine in accordance with the Articles by the creation of additional authorized but unissued (a) 144,000,000,000 Class A Ordinary Shares; (b) 7,200,000,000 Class B Ordinary Shares and (c) 28,800,000,000 shares of such class or classes (however designated) as the Board may determine in accordance with the Articles.

 

3.as a special resolution, THAT the Company’s Thirteenth Amended and Restated Memorandum and Articles of Association be amended and restated by the deletion in their entirety and by the substitution in their place of the Fourteenth Amended and Restated Memorandum and Articles of Association.

 

About Yimutian Inc.

 

Yimutian Inc., founded in 2011 and headquartered in Beijing, is a leading digital service provider covering China’s entire agricultural value chain. Leveraging AI, big data and other digital technologies, the company provides services across every key stage of the agricultural ecosystem—from production and distribution to consumption—and has built an AI-powered agricultural service platform connecting farms to tables and origins to cities.

 

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

 

For investor inquiries, please contact:

 

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

 

For media inquiries, please contact:

 

Email: pr@ymt360.com

 

Filing Exhibits & Attachments

2 documents