Yimutian shares surge 40.89% intraday following 2026 strategic update and Xunxi Tech acquisition completion boosting revenue.
ByAinvest
Tuesday, Mar 24, 2026 10:36 am ET1min read
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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