8月21日，一亩田(YMT)盘中上涨3.63%，截至21:46，报2.311美元/股，成交10.94万美元，总市值2.64亿 美元。 财务数据显示，截至2024年12月31日，一亩田收入总额1.61亿人民币，同比减少13.97%；归母净利 润-3490.0万人民币，同比增长66.95%。 作者：行情君 资料显示，一亩田股份有限公司是一家在开曼群岛注册成立的境外控股母公司,主要由其境内实体子公 司北京一亩田新农网络科技有限公司运营。一亩田集团,成立于2011年,总部位于北京,是中国领先农业产 业互联网企业,致力于以数字技术推动农业产业转型发展。公司以搭建农产品B2B数字化产销服务平台 开始,逐步发展成为覆盖种植、批发、流通等农业全产业链的综合性数字集团企业,旗下一亩田APP数字 平台、豆牛智慧代卖、沃来采原产地代采、沃众田数字规模化种植基地、区域产业服务等业务板块,形 成农业全产业链数字化服务创新模式。 本文源自：金融界 ...

招股书显示，按2024年收入和月活跃商家数量计算，一亩田是中国大陆最大的农业B2B平台。其中一亩 田APP数字平台是公司基础业务，以互联网平台进行农产品B2B产销对接，主要用户为产地农产品经纪 人及销地批发商、商超、电商等各类大宗农产品买家。 周二，中国领先的农业产业互联网企业一亩田(YMT.US)成功登陆纳斯达克，开盘涨超29%，报5.29美 元。一亩田成立于2011年，从最初信息服务平台成长为目前覆盖农业全产业链的综合性数字农业企业， 累计服务超5600万用户，获红杉中国、云锋基金、DST等顶级机构投资，是中国农业互联网的领军企 业。 ...

Core Viewpoint - The article highlights the successful IPO of Yimutian, marking it as the first Chinese agricultural internet company to list on the Nasdaq, raising $20.54 million with a market valuation of $470 million [2][4]. Company Overview - Yimutian was founded in 2011 in Beijing, primarily operating a digital platform that connects agricultural product sellers with buyers, addressing the issue of farmers' difficulties in selling their products [4][16]. - The founder, Deng Jinhong, transitioned from a career at Baidu to establish Yimutian, driven by the need to improve agricultural transactions in rural areas [4][8][10]. Business Model and Growth - Yimutian's platform offers services such as information matching, online transactions, and market insights, generating revenue through advertising and service fees [4][16]. - The company has expanded its services to include smart selling and original sourcing, establishing digital planting demonstration bases to promote new agricultural technologies [4][18]. - As of March 31, 2025, Yimutian covers over 340 cities and 2,800 counties in mainland China, capturing over 65% of the primary and secondary agricultural wholesale markets [5]. Financial Performance - In the last two years, Yimutian reported revenues of 188 million and 161 million RMB, with net losses of 106 million and 34.9 million RMB, respectively, indicating a 66% reduction in losses [4][24]. Investment and Financing History - Yimutian has undergone several financing rounds, with significant investments from Sequoia Capital and other firms, raising millions to support its growth [14][10]. - The company faced challenges during rapid expansion, leading to a restructuring that refocused on its core information matching business, resulting in significant growth in user numbers and revenue [12][13]. International Expansion - Yimutian is positioning itself as a global agricultural technology company, with plans for international trade and overseas planting bases in regions like Southeast Asia and the Middle East [22][24][26]. - The company has successfully facilitated transactions for international buyers, including significant sales to Japan and South Korea [22][24]. Future Outlook - Yimutian aims to address the challenges in agricultural distribution, with a focus on enhancing the efficiency of agricultural transactions [26]. - The company plans to leverage its platform to further penetrate the agricultural market, with projections indicating a substantial increase in the value of primary agricultural product circulation in China by 2024 [26].

从田间地头到纳斯达克。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据 IPO早知道消息， Yimutian Inc.（一亩田集团，以下简称"一亩田"）于 北京 时间 2025年8月 19日晚间正式以 "YMT"为股票代码在纳斯达克挂牌上市 ， 成为全球资本市场中首家来自中国的农 业全产业链互联网企业。 一亩田在本次 IPO中发行452.2万股 美国存托股票（ ADS ） ， 承销商另享有 48.8万股ADS的超 额配售权 。按 每股 4.1美元 的发行价计算， 一亩田 至多通过本次 IPO募集 约 2200万美元 （行 使 "绿鞋"后） 。 成立于 2011年的一亩田从信息服务平台起步，现已成为覆盖农业全产业链的综合性数字农业企业， 累计服务超5600万用户。 根据弗若斯特沙利文的报告，按 2024年收入和月活跃商家数量计算，一 亩田是中国大陆最大的农业B2B平台。 成立至今， 一亩田 已获得红杉中国、云锋基金、华创资本、源码资本、 DST等国内外知名机构的 投资。 IPO前，红杉中国持有 一亩田 15.9%的股份，是 一亩田 最早、最大的机构投资方。在 一亩田 ...

Group 1: Yimutian Inc. (一亩田) - Yimutian Inc. plans to go public on NASDAQ under the ticker "YMT" with an expected IPO date at the end of July 2023, aiming to raise up to $26 million by issuing 4.522 million American Depositary Shares (ADS) priced between $4.10 and $5.00 each [3][4] - Established in 2011, Yimutian has evolved from an information service platform to a comprehensive digital agriculture enterprise, serving over 56 million users and covering more than 340 cities and 2,800 counties in mainland China, capturing over 65% of the primary and secondary agricultural wholesale market [4] - The company has developed a new offline store model called "沃来采" to meet the needs of emerging buyers, leveraging its extensive buyer channels and market data to provide standardized and efficient agricultural brokerage services [4][5] Group 2: Weili Zhizhi Bio (维立志博) - Weili Zhizhi Bio officially listed on the Hong Kong Stock Exchange under the ticker "9887" on July 25, 2025, raising approximately HKD 1.29 billion by issuing 36,862,500 shares at an offer price of HKD 35.00 each [7][8] - The company attracted nine cornerstone investors, securing a total of USD 69 million (approximately HKD 541.6 million) in subscriptions, with notable contributions from firms like Tencent and various investment funds [8] - As a clinical-stage biotechnology company founded in 2012, Weili Zhizhi focuses on discovering and commercializing new therapies for cancer and autoimmune diseases, boasting a diverse product portfolio of 14 innovative candidates, including four core products that are leading in global clinical progress [9]

Core Viewpoint - Yimutian Inc. is preparing for its IPO on NASDAQ under the ticker "YMT," aiming to raise up to $26 million by issuing 4.522 million American Depositary Shares (ADS) at a price range of $4.10 to $5.00 per share [1][2]. Company Overview - Founded in 2011, Yimutian has evolved from an information service platform to a comprehensive digital agriculture enterprise covering the entire agricultural supply chain, serving over 56 million users [3][4]. - Yimutian is recognized as the largest agricultural B2B platform in mainland China, facilitating B2B transactions for agricultural products through its digital platform [4]. Market Position and Services - As of March 31, 2025, Yimutian has established a presence in over 340 cities and 2,800 counties in mainland China, capturing more than 65% of the primary and secondary agricultural wholesale markets [5]. - The platform primarily serves agricultural brokers, which is crucial given the fragmented nature of Chinese agriculture, where over 98% of farmers operate small-scale family farms [5]. Revenue and Growth Potential - Yimutian generated revenue of 160 million yuan in 2024, reflecting its significant market influence among agricultural brokers in China [5]. - The total value of primary agricultural product circulation in China is projected to reach 5.5 trillion yuan in 2024, indicating substantial market potential for Yimutian [7]. Business Model and Expansion - Yimutian has launched "Wolai Cai," a network of offline stores aimed at providing standardized and efficient agricultural brokerage services, leveraging its extensive buyer channels and market data [7]. - The "Wolai Cai" model is compared to real estate brokerage giants, suggesting significant growth potential due to the larger number of agricultural brokers and higher commission rates in the agricultural sector [8]. Unique Position in the Market - Yimutian is set to be the only agricultural internet enterprise covering the entire agricultural supply chain from China listed in the U.S. capital market, presenting a unique investment opportunity [9].

Core Viewpoint - Bruik (Suzhou) Agricultural Internet Co., Ltd. is undergoing a counseling period for its initial public offering, facing governance issues and operational challenges, including significant declines in its e-commerce business and ongoing legal disputes [3][5][6]. Group 1: Company Governance - The company has not held regular shareholder meetings, board meetings, or supervisory board meetings as required by the Company Law, and the number of supervisors does not meet legal requirements [3][5]. - The sponsoring institution has advised the company to comply with the Company Law by holding regular meetings and timely appointing supervisors to standardize the responsibilities of directors, supervisors, and senior management [3][5]. Group 2: Legal Issues - During the counseling period, the company continues to be involved in various legal disputes, including financial loan contract disputes, sales contract disputes, partnership contract disputes, and labor compensation disputes, and has been listed as an executed party with shares continuously frozen [3][5]. Group 3: Operational Performance - The company's e-commerce platform, Jiguo.com, has experienced a significant decline in operational performance, and the agricultural big data business has a long repayment cycle [3][6]. - Bruik Agricultural Internet plans to rename itself to Bruik Agricultural Smart Internet and will launch Bruik Smart Agriculture AI and agricultural AI application software development [3][6]. Group 4: Company Background - Bruik was established on April 28, 2014, with a registered capital of 107 million yuan, focusing on internet production services in the agricultural sector, agricultural big data construction and operation, and data processing services [7]. - The actual controller of the company is Sun Tong, who holds 59.39% of the voting rights and serves as the chairman and manager [7][8].

Core Viewpoint - The emergence of Lu Xiang Agricultural Network represents a significant innovation in the integration of agriculture and the internet, providing unprecedented opportunities and transformations for agricultural practitioners [1][3]. Group 1: Challenges in Traditional Agriculture - Traditional agriculture faces issues such as information asymmetry, narrow sales channels, and difficulties in accessing technology, leading to unsold agricultural products due to a lack of market understanding [1][3]. - Farmers often struggle with production efficiency and quality due to insufficient technical guidance during planting and breeding processes [1]. Group 2: Solutions Offered by Lu Xiang Agricultural Network - Lu Xiang Agricultural Network breaks down information barriers, allowing farmers to access real-time market price fluctuations and supply-demand changes, enabling better planning for planting and breeding [3]. - The platform aggregates a wealth of agricultural knowledge and expert resources, providing farmers with easy access to the latest techniques and pest control methods, enhancing production efficiency [3]. - The network resolves sales channel issues by integrating various online and offline sales avenues, ensuring that high-quality agricultural products reach consumers directly [3]. Group 3: Benefits for Consumers and the Industry - Consumers benefit from the platform by being able to trace the origins of agricultural products, gaining insights into the cultivation and treatment processes, which enhances their confidence in food safety [5]. - The platform facilitates collaboration among upstream and downstream enterprises in the agricultural supply chain, allowing for precise matching of farmer needs with suppliers of seeds, fertilizers, and pesticides, thus optimizing the industry [3][5]. - The digital transformation represented by "Internet + Agriculture" serves as a catalyst for farmers' income growth, agricultural enterprise development, and consumer safety [5].

成立于2011年的一亩田作为一家覆盖农业全产业链的产业互联网企业，致力于以数字技术推动农业 产业转型发展。 覆盖种植、批发、流通等农业全产业链的综合性数字集团企业。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，中国证监会国际合作司于2025年2月17日披露了《关于YIMUTIAN INC.（一亩 田集团）境外发行上市备案通知书》。 根据备案通知书，一亩田计划发行不超过196,169,769股普通股并在美国纳斯达克证券交易所上 市。 以搭建农产品B2B数字化产销服务平台开始，一亩田逐步发展成为覆盖种植、批发、流通等农业全 产业链的综合性数字集团企业，旗下 现拥有 一亩田APP数字平台、豆牛智慧代卖、沃众田数字规模 化种植基地、区域产业服务等业务板块，形成农业全产业链数字化服务创新模式。 其中， 围绕"卖货"难题，一亩田搭建 了 全国最大的农产品B2B流通数字服务平台——一亩田APP ， 为B端农产品买卖双方提供信息撮合、精准营销、在线交易、行情查询等综合服务 。目前，平台 采供B端用户超过5600万，全年可售卖农产品品类超过1.5万，包括瓜果蔬菜、 ...