Yimutian Inc. Declares Receipt of Nasdaq Notice Concerning Minimum Bid Price

(SeaPRwire) –   BEIJING, April 08, 2026 — Yimutian Inc. (Nasdaq: YMT) (“Yimutian” or the “Company”), a premier provider of digital agricultural services in China, today announced it has received a written notification (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated April 2, 2026. The Notice indicates the Company is not currently meeting the minimum $1.00 bid price requirement as stipulated by the Nasdaq Listing Rules (the “Listing Rules”). This determination is based on the closing bid price for the Company’s securities between February 18, 2026, and April 1, 2026, which failed to satisfy the criteria of Listing Rule 5450(a)(1). This Notice serves solely as a deficiency alert and does not have an immediate impact on the listing status of the Company’s American Depositary Shares (“ADS”). Trading of the Company’s ADSs on the Nasdaq Global Market will continue uninterrupted. The receipt of the Notice does not affect the Company’s business operations or its reporting obligations with the U.S. Securities and Exchange Commission.

According to the Notice and under Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day grace period, ending on September 29, 2026, to restore compliance. To achieve this, the closing bid price of the Company’s ADSs must be at or above $1.00 per ADS for a minimum of ten consecutive business days, subject to Nasdaq’s discretion to extend this duration. Should the Company fail to regain compliance by the September 29, 2026 deadline, it could potentially qualify for an extended compliance period or be subject to delisting.

The Company is presently assessing various measures to rectify the situation and plans to promptly meet Nasdaq’s continued listing standards. Potential actions under consideration include an adjustment to the ratio of its ADSs to Class A ordinary shares. While the Company is committed to employing all reasonable means to satisfy the Minimum Bid Requirement, there is no guarantee that it will successfully regain compliance with this specific rule or other ongoing Nasdaq listing criteria. If it becomes evident that the deficiency cannot be remedied, or if the Company is deemed ineligible for an extension, Nasdaq will issue a notification that the Company’s securities are slated for delisting.

About Yimutian Inc.

Yimutian Inc. is a leading agricultural B2B platform operating in mainland China. For more than ten years, the company has focused on digitizing the infrastructure of China’s agricultural product supply chain. Its goal is to simplify the transaction process for agricultural products, enhancing its efficiency, transparency, security, and convenience.

For more information, please visit https://ir.ymt.com/.

Forward-Looking Statements

This press release includes statements that are considered forward-looking. These statements are provided under the “safe harbor” protections of the U.S. Private Securities Litigation Reform Act of 1995. Any statements that are not based on historical fact, including those concerning the Company’s strategies, intentions, and outlook, qualify as forward-looking statements. Such statements inherently carry risks and uncertainties. Various factors may cause actual outcomes to differ significantly from those projected in any forward-looking statement. These statements can often be recognized by words like “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or comparable phrases. Additional details concerning these and other potential risks are available in the Company’s submissions to the SEC. All information presented here is current as of the press release date, and the Company assumes no obligation to revise this information, unless mandated by law.

For investor inquiries, please contact:

Email: ir@ymt360.com
Phone: +86 1057086561

For media inquiries, please contact:

Email: pr@ymt360.com