Yimutian believes it meets $2.5M Nasdaq equity rule

Yimutian says stockholders’ equity is at least $2.5 million and awaits Nasdaq’s formal confirmation of regained compliance.

Rhea-AI Filing Summary

Yimutian Inc. completed three acquisitions in September 2026 and issued Class A ordinary shares in connection with the closings. On September 10, 2026, it acquired control over 100% of Qingdao Xingongguan Holiday Hotel Co., Ltd. through variable interest entity agreements for US$5,800,000, issuing 15,875,910,000 Class A ordinary shares to Ning Zhang and Kuili Zhang, equivalent to 2,645,985 ADSs. That day, it acquired land, buildings and equipment in Zhaodong from Zhaodong Guohe Animal Husbandry Co., Ltd. for US$21,161,390, issuing 57,923,514,000 Class A ordinary shares to the seller, equivalent to 9,653,919 ADSs.

On September 20, 2026, Yimutian completed the first phase of its Qingdao Quanao Supply Chain Technology Co., Ltd. acquisition, acquiring a 33.33% equity interest from Aoge (Beijing) Supply Chain Management Co., Ltd. for US$25,000,000, payable through share issuance. It issued 72,815,532,000 Class A ordinary shares to Aoge, equivalent to 12,135,922 ADSs. Yimutian believes its stockholders’ equity is at least $2.5 million, as required for continued listing on Nasdaq, and awaits Nasdaq’s formal confirmation of regained compliance.

Key Figures

Qingdao Xingongguan aggregate purchase price: US$5,800,000 Qingdao Xingongguan equity interests: 100% Shares issued for Qingdao Xingongguan: 15,875,910,000 Class A ordinary shares +5 more

8 metrics

Qingdao Xingongguan aggregate purchase price US$5,800,000 Acquisition completed September 10, 2026

Qingdao Xingongguan equity interests 100% Acquisition completed September 10, 2026

Shares issued for Qingdao Xingongguan 15,875,910,000 Class A ordinary shares Issued September 10, 2026

Zhaodong Guohe asset purchase price US$21,161,390 Acquisition completed September 10, 2026

Shares issued for Zhaodong Guohe assets 57,923,514,000 Class A ordinary shares Issued September 10, 2026

Qingdao Quanao equity interest acquired 33.33% First-phase acquisition completed September 20, 2026

Qingdao Quanao aggregate purchase price US$25,000,000 First-phase acquisition completed September 20, 2026

Stockholders’ equity At least $2.5 million Yimutian’s stated belief following the three closings

Key Terms

variable interest entity agreements, American Depositary Shares, stockholders’ equity, Nasdaq Listing Rule 5550(b)(1)

4 terms

variable interest entity agreements technical

"through a series of variable interest entity agreements"

American Depositary Shares financial

"equivalent to 2,645,985 American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

stockholders’ equity financial

"stockholders’ equity of at least $2.5 million"

Stockholders’ equity is the portion of a company’s value that belongs to its owners after subtracting what the company owes from what it owns — like the equity in a house after paying the mortgage. For investors it shows the company’s net worth and can indicate financial strength, a cushion against losses, and the amount potentially available to support dividends or reinvestment; tracking changes helps assess whether the business is building or eroding owner value.

Nasdaq Listing Rule 5550(b)(1) regulatory

"under Nasdaq Listing Rule 5550(b)(1)"

FAQ

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

What did YMT issue for its Qingdao Quanao acquisition?

YMT acquired a 33.33% equity interest in Qingdao Quanao from Aoge (Beijing) Supply Chain Management Co., Ltd. for US$25,000,000, payable by issuing 72,815,532,000 Class A ordinary shares, equivalent to 12,135,922 ADSs.

How much did YMT pay for the Zhaodong assets?

YMT acquired land, buildings and equipment assets in Zhaodong from Zhaodong Guohe Animal Husbandry Co., Ltd. for US$21,161,390. It issued 57,923,514,000 Class A ordinary shares to the seller, equivalent to 9,653,919 ADSs.

What Nasdaq rule does YMT cite for its stockholders’ equity?

Yimutian cited Nasdaq Listing Rule 5550(b)(1), which requires at least $2.5 million in stockholders’ equity for continued listing. Yimutian says it believes it has at least $2.5 million in stockholders’ equity following the three closings and awaits Nasdaq’s formal confirmation that it has regained compliance.

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

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Available on EDGAR 09/28/2026 - 04:02 PM Accepted by SEC EDGAR 09/28/2026 - 04:01 PM 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 ☐

Stockholders’ Equity Update

As previously disclosed, Yimutian Inc., an exempted company incorporated in the Cayman Islands with limited liability (the “Company”), together with its wholly-owned subsidiary, Beijing Yimutian Network Technology Co., Ltd. (“Beijing Yimutian”), completed the following acquisition transactions, as described below:

Qingdao Xingongguan Acquisition. On September 10, 2026, the Company completed the acquisition of control over 100% of the equity interests in Qingdao Xingongguan Holiday Hotel Co., Ltd. (“Qingdao Xingongguan”) through a series of variable interest entity agreements, pursuant to the Equity Purchase Agreement dated August 20, 2026, as amended by the Supplemental Agreement dated September 9, 2026 (the “Qingdao Xingongguan Acquisition”). The aggregate purchase price was US$5,800,000, and on September 10, 2026, the Company issued an aggregate of 15,875,910,000 Class A ordinary shares to Ning Zhang and Kuili Zhang, equivalent to 2,645,985 American Depositary Shares (“ADSs”) of the Company.

Zhaodong Guohe Asset Acquisition. On September 10, 2026, the Company completed the acquisition of certain land, buildings, and equipment assets located in Zhaodong, Suihua, Heilongjiang Province, the PRC from Zhaodong Guohe Animal Husbandry Co., Ltd. (“Zhaodong Guohe”), pursuant to the Asset Purchase Agreement dated August 20, 2026, as amended by the Supplemental Agreement dated September 9, 2026 (the “Zhaodong Guohe Asset Acquisition”). The aggregate purchase price was US$21,161,390, and on September 10, 2026, the Company issued an aggregate of 57,923,514,000 Class A ordinary shares to Zhaodong Guohe, equivalent to 9,653,919 ADSs of the Company.

First-Phase Qingdao Quanao Acquisition. On September 20, 2026, the Company completed the first-phase acquisition of 33.33% of the equity interest in Qingdao Quanao Supply Chain Technology Co., Ltd. (“Qingdao Quanao”) from Aoge (Beijing) Supply Chain Management Co., Ltd. (“Aoge”), pursuant to the Equity Purchase Agreement dated September 19, 2026 (the “First-Phase Qingdao Quanao Acquisition”). The aggregate purchase price for 33.33% of the equity interest in Qingdao Quanao was US$25,000,000, payable by the Company through the issuance of Class A ordinary shares of the Company to Aoge. On September 20, 2026, the Company issued an aggregate of 72,815,532,000 Class A ordinary shares to Aoge, equivalent to 12,135,922 ADSs of the Company.

The foregoing descriptions do not purport to be complete and are qualified in their entirety by reference to the full text of the agreements previously filed as exhibits to the Company’s (i) current report on Form 6-K dated August 25, 2026, (ii) current report on Form 6-K dated September 15, 2026, and (iii) current report on Form 6-K/A dated September 24, 2026, which are incorporated herein by reference.

As a result of the closing of the Qingdao Xingongguan Acquisition, the Zhaodong Guohe Asset Acquisition and the First-Phase Qingdao Quanao Acquisition, as of the date of this current report on Form 6-K, the Company believes that it has stockholders’ equity of at least $2.5 million as required for the continued listing of the Company’s securities on The Nasdaq Stock Market (“Nasdaq”) under Nasdaq Listing Rule 5550(b)(1) (the “Rule”). The Company awaits Nasdaq’s formal confirmation that the Company has regained compliance with the Rule.

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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 28, 2026

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