Yimutian Inc. Achieves Key Progress in Acquiring Xunxi Technology

Core Insights - Yimutian Inc. has made significant progress in its acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd., with the legal due diligence report completed and no issues identified that would impact the transaction [1][3] - The acquisition aims to transition Yimutian from a "B2B" model to a "B2B2C" ecosystem, enhancing its business layout in the consumer segment and diversifying revenue streams [2][4] - The final acquisition is expected to be completed by March 2026, with integration negotiations already reaching consensus [3] Company Overview - Yimutian Inc. is a leading agricultural digital service company in China, focusing on digitalizing the agricultural product supply chain to improve transaction efficiency and transparency [5] - Ningbo Xunxi Technology Co., Ltd. is a technology-driven e-commerce operation service provider, founded by former executives from major internet companies, specializing in integrated solutions for various sectors [6] Strategic Objectives - The acquisition is designed to leverage Xunxi Technology's expertise in e-commerce to enhance Yimutian's agricultural industrial internet platform, providing full-chain services from production to sales [4] - Company executives express confidence that the collaboration will unlock greater market potential and improve profitability across various business segments [4]