Yimutian shares surge 40.89% intraday following 2026 strategic update and Xunxi Tech acquisition completion boosting revenue.

martes, 24 de marzo de 2026, 10:36 am ET1 min de lectura
YMT--
Yimutian surged 40.89% intraday, driven by its 2026 strategic update projecting 100 million RMB in revenue, with half from core agricultural services and half from the acquired Xunxi Tech. The acquisition is expected to add 50 million RMB in annual revenue, while the company’s capital plan secured 3.3 million RMB in initial funding from convertible notes, with management committing to purchase at least 3 million RMB in shares over the next nine months under a 12-month lock-up.

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