• Yimutian plans to change ADS-to-Class A ordinary share ratio to 1-to-375 from 1-to-25, effective on or around May 18, 2026.
• Change will have same effect as a 15-for-1 reverse split for ADS holders.
• ADSs will continue to trade on Nasdaq under ticker YMT.
• No fractional new ADSs will be issued; cash proceeds from aggregated fractional entitlements will be distributed by depositary bank.
• ADS price is expected to rise proportionately, with no assurance it will match a 15x move.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yimutian Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-050628), on May 01, 2026, and is solely responsible for the information contained therein.