Why Is Yimutian Stock Gaining Tuesday?

Yimutian Inc. (NASDAQ:YMT) said Tuesday it is moving ahead with its capital plan and expects full-year revenue of about 1 billion Chinese yuan, according to a strategic update for investors.

The company said its $30 million convertible note facility remains on track. Yimutian signed the facility in December 2025 and later filed it with the U.S. Securities and Exchange Commission. So far, investors have funded an initial $3.3 million tranche. The company expects the second tranche to close soon. It plans to draw the rest over the year, subject to customary conditions.

Yimutian said the funding will support organic growth and possible acquisitions.

Management Backs the Stock

Management also showed confidence in the business. The company said executives plan to buy at least $3 million of Yimutian shares in the open market over the next nine months. In addition, they agreed to a 12-month lock-up on their existing holdings.

Yimutian also said it is working with its board to adopt a formal share repurchase program. The company said insider buying in the open market "requires real cash and accepts real market risk," which helps align management with shareholders.

Revenue Outlook and Growth Plans

Yimutian expects 2026 revenue of about 1 billion yuan. It said the total should come roughly equally from its core business and its pending acquisition of Ningbo Xunxi Technology, which it expects to close soon.

The company said core growth is coming from online-to-offline integration, expansion into underpenetrated regions, supply chain digitization, and deeper ties with supermarkets and livestreaming commerce platforms.

Yimutian added that it plans to provide more detailed segment disclosures and unit economics in upcoming financial reports.

Ningbo Xunxi Deal Adds Digital Commerce

Yimutian said Monday it will acquire 100% of Ningbo Xunxi Technology Co., Ltd. for 50 million yuan. The consideration includes 40 million yuan in cash and 10 million yuan in stock options.

Xunxi operates an enterprise procurement platform that serves banks, government agencies, and corporate clients. The company reported about 340 million yuan in 2025 revenue and 5.8 million yuan in net profit.

Yimutian said the deal will add demand-side digital commerce capabilities to its agricultural supply chain business. Xunxi's management team will remain in place and continue to run the business as a dedicated unit.

The agreement also includes a performance-based earnout through 2028 tied to audited net profit. The deal remains subject to customary closing conditions.

YMT Price Action: Yimutian shares were up 21.79% at $0.36 during premarket trading on Tuesday, according to Benzinga Pro data.

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