BEIJING, Nov. 14, 2025 — Yimutian Inc. (NASDAQ: YMT) (the “Company” or “Yimutian”), a prominent agricultural digital service company based in China, announced that it received a written notice from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on November 6, 2025. This notification indicated that the Company no longer satisfies the ongoing listing requirement for minimum Market Value of Publicly Held Shares (“MVPHS”) on the Nasdaq Global Market, as outlined in Nasdaq Listing Rule 5450(b)(2)(C). This is because the Company’s MVPHS had fallen below the mandatory US$15 million threshold for the previous 30 consecutive business days.
In accordance with the Nasdaq Listing Rules, the Company has an allotted grace period of 180 calendar days, extending until May 5, 2026, to regain compliance. Yimutian can remedy this deficiency if its MVPHS closes at US$15 million or more for a minimum of ten consecutive business days during this compliance window. The Company’s management is actively exploring various options to restore compliance and secure its continued listing on the Nasdaq Global Market. They anticipate an increase in MVPHS after the 180-day lock-up period, which follows its initial public offering, expires in February 2026, particularly if and when its shareholders decide to convert their ordinary shares into American depositary shares (“ADSs”), thereby boosting the number of publicly held shares. Should the Company fail to regain compliance before the expiration of this period, it will receive a written notification that its securities are subject to delisting.
About Yimutian Inc.
Yimutian Inc. operates as a leading agricultural B2B platform in mainland China. For over a decade, the company has been committed to digitalizing China’s agricultural product supply chain infrastructure. Its goal is to streamline the agricultural product transaction process, making it more efficient, transparent, secure, and convenient.
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Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Any statements that are not historical facts, including those concerning the Company’s beliefs, plans, and expectations, constitute forward-looking statements. Such statements inherently involve risks and uncertainties. Several factors could cause actual results to differ materially from those expressed in any forward-looking statement. In some instances, these forward-looking statements can be identified by the use of terminology such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or similar expressions. Further details regarding these and other risks, uncertainties, or factors are provided in the Company’s filings with the SEC. All information presented in this press release is current as of its publication date, and the Company disclaims any obligation to update such information, except as required by applicable law.
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