Yimutian Inc. Files Hearing Request with Nasdaq, Outlines Steps to Regain Compliance

(SeaPRwire) –   BEIJING, May 21, 2026 — Yimutian Inc. (Nasdaq: YMT) (“Yimutian” or the “Company”), a leading agricultural digital service company in China, today announced that it has formally filed a hearing request with the Hering Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) on May 20, 2026, Eastern Time.

As earlier reported, on May 13, 2026, the Company received (i) a notice of deficiency under the Minimum Market Value of Listed Securities (MVLS) requirement pursuant to Nasdaq Listing Rule 5450(b)(2)(A), and (ii) a Determination Letter advising the Company of its failure to meet the Minimum Market Value of Publicly Held Shares (MVPHS) requirement under Nasdaq Listing Rule 5450(b)(2)(C), placing it at risk of delisting.

In reply, the Company promptly submitted the hearing request and related materials to the Panel. Filing the hearing request automatically suspends any delisting action pending the hearing’s conclusion or any extension granted by the Panel. Accordingly, the Company’s American Depositary Shares (“ADSs”) will remain listed and continue trading on The Nasdaq Global Market under the symbol “YMT” during this period.

Yimutian remains fully dedicated to restoring compliance with all applicable Nasdaq continued-listing requirements. The Company has been executing a broad plan that includes strategic measures designed to raise the market value of its listed securities and publicly held shares. Management is confident in the underlying strength of the Company’s operations and is undertaking all reasonable and appropriate steps to address the deficiencies and attain ongoing compliance.

The Company will continue to issue timely updates on material developments in this matter. No assurance can be given that the Company will ultimately regain compliance or that its ADSs will stay listed on Nasdaq.

About Yimutian Inc.
Yimutian Inc., founded in 2011 and headquartered in Beijing, is a leading digital service provider spanning China’s full agricultural value chain. Using AI, big data and other digital technologies, the company delivers services across all major stages of the agricultural ecosystem—from production and distribution to consumption—and has established an AI-driven agricultural service platform linking farms to tables and origins to cities.
For more information, please visit https://ir.ymt.com/

Forward-Looking Statements
This press release includes forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including those regarding the Company’s views, plans, and expectations, qualify as forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual outcomes to differ materially from those projected in any forward-looking statement. Such statements may be identified by terms such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or similar expressions. Additional information on these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information in this press release is current as of the date stated, and the Company does not assume any obligation to update it, except as required by law.

For investor inquiries, please contact:
Email: ir@ymt360.com Phone: +86 1057086561
For media inquiries, please contact:
Email: pr@ymt360.com