Core Viewpoint - Yimutian Inc. has entered into a binding acquisition agreement to acquire 100% of Ningbo Xunxi Technology Co., Ltd., aiming to enhance its B2C business and create an integrated industrial chain ecosystem from B2B to B2B2C [1][2][6]. Company Overview - Yimutian Inc. is a leading agricultural digital service company in China, focusing on the entire agricultural industrial chain from production to circulation [4][8]. - Founded in 2011, Yimutian has developed a comprehensive digital group that includes various services such as the Yimutian APP and intelligent consignment services [9]. Acquisition Details - The acquisition is expected to be completed in the first quarter of 2026, pending regulatory approvals [2]. - The financial terms of the transaction will be disclosed later, and it is anticipated to positively impact Yimutian's revenue and earnings per share in the first full fiscal year post-IPO [2]. Target Company Overview - Ningbo Xunxi Technology is a technology-driven e-commerce operation service provider, co-founded by industry veterans from NetEase and Alibaba [3][4]. - Xunxi Technology has established partnerships with over 1,300 brands and offers more than 250,000 SKUs, serving nearly 200 channel clients across various sectors [5]. Strategic Benefits - The acquisition will allow Yimutian to integrate Xunxi Technology's supply chain management and channel development capabilities, facilitating the expansion from a B2B platform to a B2B2C ecosystem [6]. - This strategic move is expected to diversify Yimutian's revenue structure and strengthen its position in China's agricultural digital economy [6][7]. Leadership Insights - Lei Chen, co-founder of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business, bringing over 20 years of e-commerce experience [3][11]. - The integration of Xunxi Technology's resources with Yimutian's digital infrastructure is projected to create long-term value and unlock new market opportunities [7].