{"id":955783,"date":"2026-04-29T06:36:12","date_gmt":"2026-04-29T10:36:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/yimutian-inc-announces-plan-to-implement-change-in-american-depositary-shares-ads-to-ordinary-share-ratio\/"},"modified":"2026-04-29T06:36:12","modified_gmt":"2026-04-29T10:36:12","slug":"yimutian-inc-announces-plan-to-implement-change-in-american-depositary-shares-ads-to-ordinary-share-ratio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yimutian-inc-announces-plan-to-implement-change-in-american-depositary-shares-ads-to-ordinary-share-ratio\/","title":{"rendered":"Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEIJING, April  29, 2026  (GLOBE NEWSWIRE) &#8212; Yimutian Inc. (NASDAQ: YMT) (\u201cYimutian\u201d or the \u201cCompany\u201d), a leading agricultural digital service company in China, today announced that it plans to change the ratio of its American Depositary Shares (\u201cADSs\u201d) to its Class A ordinary shares (the \u201cADS Ratio Change\u201d) from the current ratio of one ADS representing 25 Class A ordinary shares to 375 Class A ordinary shares, effective on or around May 18, 2026, U.S. Eastern time (the \u201cEffective Date\u201d).<\/p>\n<p align=\"justify\">For the Company\u2019s ADS holders, the ADS Ratio Change will have the same effect as a 15-for-1 reverse split. Upon\u00a0the Effective Date, ADS holders will be required to surrender and exchange every 15 existing ADSs then held for one new ADS. JPMorgan Chase Bank, N.A., as the depositary bank for the Company\u00b4s ADS program, will arrange for the exchange. The Company\u00b4s ADSs will continue to be traded on the Nasdaq under the ticker symbol \u201cYMT.\u201d<\/p>\n<p align=\"justify\">No fractional new ADSs will be issued in connection with the ADS Ratio Change. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes, and expenses, where applicable) will be distributed to the applicable ADS holders by the depositary bank. The ADS Ratio Change will have no impact on the Company\u00b4s underlying Class A ordinary shares, and no ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.<\/p>\n<p align=\"justify\">As a result of the ADS Ratio Change, the ADS trading price is expected to increase proportionately upon the effectiveness of the ADS Ratio Change, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than 15 times the ADS trading price before the change.<\/p>\n<p align=\"justify\">\n        <strong>About Yimutian Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Yimutian Inc, is a leading agricultural B2B platform in mainland China. Over a decade, the company has been dedicated to digitalizing China\u2019s agricultural product supply chain infrastructure to streamline the agricultural product transaction process, and making it efficient, transparent, secure, and convenient. For more information, please visit https:\/\/ir.ymt.com\/<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements. These statements are made pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company\u2019s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, these forward-looking statements can be identified by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201ctarget,\u201d \u201caim,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cis\/are likely to,\u201d or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company\u2019s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>Investor &amp; Media Contacts<\/strong>\n      <\/p>\n<p align=\"justify\">Investor Relations: ir@ymt360.com | +86 10 5708 6561<br \/>Media: pr@ymt360.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTM4NCM3NTcyNjE0IzIzMDI1ODE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OTI5ZTQ3OWYtMWQ3MC00YjcxLTkyMzQtZWU1YTEyNTk0YjNkLTEzMTQxMzEtMjAyNi0wNC0yOS1lbg==\/tiny\/Yimutian-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, April 29, 2026 (GLOBE NEWSWIRE) &#8212; Yimutian Inc. (NASDAQ: YMT) (\u201cYimutian\u201d or the \u201cCompany\u201d), a leading agricultural digital service company in China, today announced that it plans to change the ratio of its American Depositary Shares (\u201cADSs\u201d) to its Class A ordinary shares (the \u201cADS Ratio Change\u201d) from the current ratio of one ADS representing 25 Class A ordinary shares to 375 Class A ordinary shares, effective on or around May 18, 2026, U.S. Eastern time (the \u201cEffective Date\u201d). For the Company\u2019s ADS holders, the ADS Ratio Change will have the same effect as a 15-for-1 reverse split. Upon\u00a0the Effective Date, ADS holders will be required to surrender and exchange every 15 existing ADSs then held for one new &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yimutian-inc-announces-plan-to-implement-change-in-american-depositary-shares-ads-to-ordinary-share-ratio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-955783","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yimutian-inc-announces-plan-to-implement-change-in-american-depositary-shares-ads-to-ordinary-share-ratio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, April 29, 2026 (GLOBE NEWSWIRE) &#8212; Yimutian Inc. (NASDAQ: YMT) (\u201cYimutian\u201d or the \u201cCompany\u201d), a leading agricultural digital service company in China, today announced that it plans to change the ratio of its American Depositary Shares (\u201cADSs\u201d) to its Class A ordinary shares (the \u201cADS Ratio Change\u201d) from the current ratio of one ADS representing 25 Class A ordinary shares to 375 Class A ordinary shares, effective on or around May 18, 2026, U.S. Eastern time (the \u201cEffective Date\u201d). For the Company\u2019s ADS holders, the ADS Ratio Change will have the same effect as a 15-for-1 reverse split. Upon\u00a0the Effective Date, ADS holders will be required to surrender and exchange every 15 existing ADSs then held for one new &hellip; Continue reading &quot;Yimutian Inc. 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