BEIJING, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Recently, Yimutian Inc. (the “Company” or “Yimutian”), a leading agricultural digital service company in China, and BC Technology (Hong Kong) Limited (hereinafter referred to as "BC Technology"), a benchmark enterprise in Hong Kong's digital asset sector, formally signed a strategic cooperation agreement. Leveraging their respective core advantages in agricultural industry resources and digital asset services, the two parties will carry out in-depth cooperation in ...

Group 1 - Yimutian Inc. has priced its initial public offering (IPO) of 5,010,000 American depositary shares (ADSs) at $4.10 per ADS, totaling approximately $20.541 million [1] - The company is offering 4,522,000 ADSs, while selling shareholders are offering 488,000 ADSs, with an option for the underwriter to purchase an additional 678,300 ADSs [1] - The ADSs are approved for listing on Nasdaq under the symbol "YMT" and are expected to begin trading on August 19, 2025 [3] Group 2 - The net proceeds from the IPO will be used for enhancing digital agricultural commerce services, developing technological infrastructure, expanding agricultural sourcing and trading services, and for working capital [2] - As of March 31, 2025, Yimutian served over 39 million merchants and hosted approximately 21 million SKUs, indicating strong market engagement [7] - The company has connected over 770,000 sellers and over 6 million buyers in 2024, showcasing its robust transaction volume [7] Group 3 - Yimutian Inc. is a leading agricultural B2B platform in mainland China, focused on digitalizing the agricultural product supply chain to improve transaction efficiency and transparency [6] - The company offers a full suite of digital services, including transaction facilitation and settlement, and has ventured into smart farming and agricultural sourcing [8]