Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market - Yimutian (NASDAQ:YMT)

Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market

Xunxi brings RMB 340 million in audited 2025 revenue, 200+ institutional clients, and a 2 million-member digital commerce platform; performance-linked earnout structure ties...

Yimutian Inc. to Acquire Ningbo Xunxi Technology for RMB 50 Million, Entering the Enterprise Digital Commerce Market - Yimutian (NASDAQ:YMT)

BEIJING, March 23, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (the "Company") today announced that it has reached a binding acquisition agreement with Ningbo Xunxi Technology Co., Ltd. ("Xunxi"), a Zhejiang-based enterprise e-commerce and digital procurement platform, to acquire 100% of the equity interests in Xunxi. The total consideration is RMB 50 million, comprising RMB 40 million in cash payable to Xunxi's exiting shareholders and RMB 10 millio…