Yimutian (YMT) to Acquire Premium Camellia Oil Producer Jiufeng Agriculture in Major Strategic Pivot
Yahoo Finance·2026-02-25 10:46
Yimutian Inc. (NASDAQ:YMT) is one of the best penny stocks under $1 to buy right now. On February 5, Yimutian Group entered into a preliminary agreement to acquire Hunan Jiufeng Agriculture, which is a prominent producer of premium camellia oil. This transaction represents a significant strategic pivot for Yimutian, moving beyond its traditional B2B digital platform toward a vertically integrated ecosystem that includes direct production and consumer-facing markets. By securing Jiufeng’s established reso ...