Yimutian surged 12.08% intraday, following its announcement of a binding acquisition agreement to purchase 100% equity in Ningbo Xuxi Tech Co., Ltd. via cash and stock. The move aims to enhance C-end business layout, expand digital supply chain management services, and transition the company from a B2B to a B2B2C full-industry-chain ecosystem. Yimutian primarily provides agricultural B2B digital services, covering the entire value chain from agricultural product production to bulk commodity circulation, with the acquisition expected to strengthen its channel expansion and comprehensive operational capabilities.
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