#China #Beijing #B2B platform #Yimutian Inc. #Nasdaq YMT

Yimutian Inc. Pricing Its Public Offering

Yimutian Inc., a well-known agricultural B2B platform in mainland China, has recently announced the pricing of its initial public offering (IPO) on August 19, 2025. The IPO is set at a considerable total of $20.541 million, featuring 5,010,000 American depositary shares (ADS), each representing 25 Class A ordinary shares. The individual ADS is priced at $4.10, reflecting the current valuation and confidence in the company’s growth trajectory.

Offering Breakdown

In detail, the company is offering 4,522,000 ADSs while selling shareholders are expected to provide an additional 488,000 ADSs. A significant feature of this offering is a 45-day option granted to the underwriter to purchase an aggregate of 678,300 more ADSs at the same initial public offering price, which may enhance the offering size depending on market conditions and demand.

Use of Proceeds

The net proceeds from this IPO are earmarked for several strategic initiatives by Yimutian. The company plans to enhance its digital agricultural commerce services within its apps and invest in the development of technological infrastructure related to its new business initiatives. Additionally, the funds will support the expansion of agricultural sourcing and trading services, along with general corporate purposes and working capital needs. This strategic allocation is aimed at solidifying Yimutian's position as a leader in the sector.

Expected Trading and Market Reception

The ADSs have been approved for listing on the Nasdaq Stock Market under the ticker symbol YMT. Trading is anticipated to commence on the same day as pricing, August 19, 2025, with the offering expected to close on or about August 20, 2025, contingent on the usual closing conditions. This rapid transition to public trading reflects Yimutian's confidence in its growth potential and market viability.

About Yimutian Inc.

Founded over a decade ago, Yimutian Inc. has been pivotal in transforming China's agricultural product supply chain infrastructure. The company operates as a digital platform that streamlines transactions in the agricultural sector, aiming to make processes more efficient, transparent, and user-friendly. As of March 31, 2025, Yimutian boasts an impressive reach, with over 39 million merchants and around 21 million SKUs available on its platform. In 2024 alone, it facilitated connections between 770,000 sellers and over 6 million buyers, demonstrating its robust marketplace engagement.

Yimutian is not just driven by market scale; it is powered by deep industry knowledge and insights, providing a full range of digital services that facilitate transactions from start to finish. In recent times, it has ventured into smart farming and agricultural sourcing and trading, reflecting its commitment to innovation and market adaptability.

As Yimutian embarks on this IPO journey, investors can look forward to unique opportunities within the dynamic landscape of China's agricultural B2B sector, further indicated by its ambitious plans for future growth.

For more detailed insights about the company and its offerings, interested parties are encouraged to visit Yimutian's Investor Relations.