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Yimutian plans $3M insider buy, expects 2026 revenue of RMB 1B, and advances $30M financing.

Market News
24 Mar 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Yimutian Inc. announced a strategic update including a $30 million convertible note financing progressing as planned, with $3.3 million already funded. Management commits to purchasing at least $3 million of company shares over nine months and will observe a 12-month lock-up on existing shares, aligning their interests with shareholders. The company expects 2026 revenue to reach approximately RMB 1 billion, driven equally by core operations and the upcoming Xunxi acquisition. These moves support Yimutian's growth through digital supply chain initiatives and market expansion, with further financial details forthcoming.

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