Yimutian plans 15-for-1 reverse ADS split effective May 18

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Go back to Yimutian plans 15-for-1 reverse ADS split effective May 18

Yimutian Inc. Announces Plan to Implement Change in American Depositary Shares (ADS) to Ordinary Share Ratio

April 29, 2026 6:33 AM EDT

BEIJING, April 29, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (NASDAQ: YMT) (Yimutian or the Company), a leading agricultural digital service company in China, today announced that it plans to change the ratio of its American Depositary Shares (ADSs) to its Class A ordinary shares (the ADS Ratio Change) from the current ratio of one ADS representing 25 Class A ordinary shares to 375 Class A ordinary shares, effective on or around May 18, 2026, U.S. Eastern time (the Effective Date).

For the Companys ADS holders, the ADS Ratio Change will have the same effect as a... More