当时间的刻度指向2026，一个崭新的五年征程即将启幕。 此刻，我们立足承前启后的交汇点，"十四五"即将圆满收官。回顾2025年，在多重压力之下，中国经济再次走过了"很不平凡"的一年，并展现出强大韧性和 活力。 刚刚闭幕的中央经济工作会议深刻指出，做好明年经济工作，要"坚持稳中求进工作总基调"，在政策取向上，"要坚持稳中求进、提质增效"，着力稳就业、 稳企业、稳市场、稳预期，推动经济实现质的有效提升和量的合理增长，保持社会和谐稳定，实现"十五五"良好开局。 启新程，当乘势而上，更须砥砺前行。站在"十五五"新程待启的关键时点，如何看待2026年的经济形势？2026年经济工作怎么干？新京报贝壳财经推出《看 2026：十五五·启新程》专题报道，汇聚监管部门、知名学者和领军企业家，解读政策脉络，洞察趋势变化。2026，我们携手出发。 对于企业而言，针对中央经济工作会议提出的持续扩大内需等议题会有哪些举措？2026年有哪些战略发展目标？新京报贝壳财经记者就此采访了一亩田集团 董事长邓锦宏。 他告诉记者，一亩田将始终坚守"让每一亩田更有价值"的初心使命，全面拥抱AI技术，坚定扎根产地，探索AI与产业的深度融合应用，推动农业 ...

本文源自：市场资讯 据交易所数据显示，12月16日，一亩田(YMT)盘中上涨9.99%，截至22:57，报1.335美元/股，成交 4610.0美元，总市值1.53亿美元。 财务数据显示，截至2025年03月31日，一亩田收入总额3428.2万人民币，同比减少12.64%；归母净利 润-263.5万人民币，同比增长80.35%。 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。 作者：行情君 ...

Core Insights - The company, Yimudian, celebrated its 14th anniversary and released its first internal letter post-IPO, outlining significant business progress and strategic directions [1] - Founder Deng Jinhong emphasized the transformation of the Yimudian APP from an information matching platform to a "content + matching" platform, aiming to enhance user service efficiency through comprehensive AI integration [1] - The company plans to expand its international business by replicating its APP, Wolai Cai, and Wozhong Tian services in Southeast Asia, Africa, and South America [1] Company Overview - Yimudian was established in 2011 and is headquartered in Beijing, focusing on digital solutions in the agricultural product circulation sector [1] - The company addresses the challenges faced by farmers in selling their products by providing transaction matching services for agricultural brokers and urban wholesalers [1] - Yimudian is set to be listed on the NASDAQ on August 19, 2025 [1]

Group 1 - The core message of the internal letter from Yimudian's founder, Deng Jinhong, emphasizes the transformation of the Yimudian APP from an information matching platform to a "content + matching" platform, enhancing user service efficiency through comprehensive upgrades in user publishing, content generation, user browsing, and algorithm sorting [1] - Yimudian plans to fully initiate international business expansion, aiming to replicate its APP, Wolai Cai, and Wozhong Tian services in Southeast Asia, Africa, and South America, thereby broadening its global reach [1] - Established in 2011 and headquartered in Beijing, Yimudian has focused on digital solutions in the agricultural product circulation sector, addressing the selling challenges faced by farmers and providing transaction matching services for agricultural brokers and urban wholesalers [1]

Core Viewpoint - The establishment of the Jiangxia headquarters by Yimuyuan Group marks a significant step following its listing on the US stock market, aiming to leverage its 14 years of experience in agricultural digitalization to create a model for high-quality rural industrial development in the region [1][3]. Group 1: Company Overview - Yimuyuan Group has been deeply engaged in the agricultural digitalization sector for 14 years, creating a comprehensive service system that integrates online and offline, matching and trading, technology and planting, as well as domestic and international operations [2]. - The Yimuyuan APP currently serves over 56 million agricultural B-end users across more than 2,800 counties, making it the largest B2B digital service platform for agricultural products in China [2]. Group 2: Strategic Initiatives - The Jiangxia headquarters will utilize core businesses such as "Wozhongtian" and "Wolai Cai" to support the high-standard and high-quality development of Jiangxia's agricultural tertiary industry [3]. - The "Wozhongtian" digital large-scale planting base will promote standardized production of local agricultural products, while "Wolai Cai" will facilitate direct sourcing services, connecting Jiangxia's agricultural products to national markets [3]. Group 3: Investment and Collaboration - Yimuyuan Group has committed over 1 billion yuan to the establishment of the Jiangxia Agricultural Product Trading Center headquarters industrial park, reflecting a strong investment confidence in the region's advantages and service capabilities [1][3]. - The collaboration between Yimuyuan and Jiangxia aims to enhance the competitiveness of rural industrial development and economic growth, with the local government pledging to provide robust support for a favorable business environment [1].

Core Viewpoint - YMT's stock price increased by 3.63% on August 21, reaching $2.311 per share, with a total market capitalization of $264 million [1] Financial Performance - As of December 31, 2024, YMT reported total revenue of 161 million RMB, a year-on-year decrease of 13.97% [1] - The net profit attributable to the parent company was -34.9 million RMB, showing a year-on-year increase of 66.95% [1] Company Overview - YMT is a Cayman Islands-registered holding company primarily operated by its domestic subsidiary, Beijing YMT New Agricultural Network Technology Co., Ltd [1] - Established in 2011 and headquartered in Beijing, YMT is a leading agricultural industry internet company in China, focusing on digital technology to drive agricultural transformation [1] - The company started by building a B2B digital sales service platform for agricultural products and has evolved into a comprehensive digital group covering the entire agricultural industry chain, including planting, wholesale, and distribution [1] - YMT's business segments include the YMT APP digital platform, DouNiu smart selling, WoLai sourcing from original production areas, WoZhongTian digital large-scale planting bases, and regional industry services, creating an innovative model for digital services across the agricultural industry chain [1]

Core Viewpoint - Yimutian, a digital agriculture service company, has become the first Chinese agricultural internet enterprise to be listed on NASDAQ, highlighting its unique position in the global capital market [1] Group 1: Industry Context - China's agricultural sector faces challenges such as production fragmentation and inefficient circulation, with 98% of farmers managing 70% of the land and an average of 0.5 acres per person [3] - The founder's vision for Yimutian is to leverage digital solutions to streamline the entire agricultural supply chain [4] Group 2: Company Development - Yimutian's journey began with the launch of its app in 2011, initially focusing on B2B transactions to address information asymmetry between farmers and buyers [5] - The company has expanded its services to include procurement, logistics, digital planting bases, and AI marketing, creating a comprehensive digital service model for the agricultural supply chain [5] - By the end of 2024, Yimutian aims to cover 56 million agricultural businesses and has built a vast database of procurement resources and market data [5] Group 3: Business Model and Financials - Yimutian's revenue model is distinct from traditional internet platforms, with 94.7% of its revenue in 2024 coming from digital agricultural business services [10] - The company has achieved a gross margin of over 80%, with a revenue of 161 million yuan in 2024, reflecting a 7.3 percentage point increase from 2023 [10][11] - Yimutian's operational model minimizes heavy asset costs, focusing on technology development and service network expansion [11] Group 4: Market Potential - The total value of China's primary agricultural product circulation reached 9 trillion yuan in 2023, with a theoretical commission market space of 450 billion yuan based on a 5% commission rate [7] - The digital agriculture B2B service market in China is projected to grow significantly, with a compound annual growth rate of 37.6% expected from 2024 to 2029 [12] Group 5: Global Strategy - Yimutian is expanding its international operations, aiming to integrate global agricultural resources and provide high-quality products to consumers worldwide [13] - The company plans to replicate its successful model of integrating agents and standardized services in international markets, particularly in regions like Southeast Asia and Africa [15] Group 6: Competitive Advantage - Yimutian's competitive edge lies in its established "data + users + services" barrier and its deep understanding of the agricultural industry [15] - The company is positioned to benefit from the increasing digitalization of agriculture, with a focus on meeting the practical needs of farmers and agents [16]

Core Viewpoint - YMT.US, a leading agricultural internet enterprise in China, successfully listed on NASDAQ with an opening increase of over 29%, reaching $5.29 per share [1] Company Overview - Founded in 2011, YMT has evolved from an information service platform to a comprehensive digital agriculture enterprise covering the entire agricultural supply chain [1] - The company has served over 56 million users and received investments from top institutions such as Sequoia China, Yunfeng Capital, and DST [1] Market Position - According to its prospectus, YMT is the largest agricultural B2B platform in mainland China based on projected 2024 revenue and monthly active merchant numbers [1] - The YMT app serves as the core business platform, facilitating B2B transactions for agricultural products, primarily targeting agricultural product brokers and various large-scale buyers such as wholesalers, supermarkets, and e-commerce platforms [1]

Core Viewpoint - YMT's stock price surged by 43.9% to $5.9 per share, with a total market capitalization of $675 million, despite a decline in revenue and a significant increase in net loss [1][1][1] Financial Performance - As of December 31, 2024, YMT reported total revenue of 161 million RMB, a year-on-year decrease of 13.97% [1] - The company's net profit attributable to shareholders was -34.9 million RMB, showing a year-on-year increase of 66.95% [1] Company Overview - YMT is a Cayman Islands-registered holding company primarily operated by its domestic subsidiary, Beijing YMT New Agricultural Network Technology Co., Ltd [1] - Established in 2011 and headquartered in Beijing, YMT is a leading agricultural internet enterprise in China, focusing on digital technology to drive agricultural transformation [1] - The company has evolved from a B2B digital sales service platform for agricultural products to a comprehensive digital group covering the entire agricultural supply chain, including planting, wholesale, and distribution [1]

Core Viewpoint - The company, YMT, is a leading agricultural B2B platform in China, focusing on addressing challenges in agricultural product circulation and aiming to expand its market presence through an upcoming IPO on NASDAQ [1][2]. Company Overview - YMT was established in 2011 and has become the largest agricultural B2B platform in China, with a total agricultural product output of 2.1 billion tons in 2024 and a circulation value of primary agricultural products reaching 5.5 trillion RMB [1]. - The company has submitted an IPO application to the SEC, aiming to raise up to 40 million USD, with specific share issuance details yet to be disclosed [1]. Financial Performance - YMT has not yet achieved profitability, but its losses have significantly narrowed, with revenues of 188 million RMB in 2023 and 161 million RMB in 2024, reflecting a 14% decline [2][6]. - The net loss for 2024 was reduced to 34.94 million RMB from 106 million RMB in 2023, primarily due to a 37.9% decrease in revenue costs and a reduction in operating expenses [7]. Business Model and Services - YMT operates four main business lines: digital agricultural commerce services, agricultural procurement and trade services, smart agriculture, and other digital agricultural solutions [3]. - The core business, digital agricultural commerce services, is facilitated through two apps: "YMT" and "Dou Niu," covering the entire agricultural product transaction process [3]. - The company has established a service network covering over 340 cities and 2800 counties, facilitating approximately 1.47 billion searches and 1.87 billion potential transactions in 2024 [3]. Market Growth and Trends - The agricultural B2B platform market in China is experiencing rapid growth, with a projected GMV of 132.7 billion RMB in 2024, reflecting a CAGR of 15% from 2020 [8]. - The digital agricultural services market is expected to reach 1.63 billion RMB in 2024, with a remarkable CAGR of 54.5% from 2020 to 2024 [9]. Competitive Landscape - YMT faces intense competition from major players like Alibaba and JD, as well as specialized platforms in the agricultural sector [10]. - The company must develop differentiated competitive advantages to navigate the challenges of high costs and low standardization in the agricultural e-commerce space [10]. Financial Health - As of December 31, 2024, YMT's total assets were 61.02 million RMB, while total liabilities reached 496 million RMB, indicating a high debt level relative to its assets [12]. - The significant shareholder loans of 249 million RMB suggest confidence from investors in the company's future growth potential [12].