Yimutian Inc. announced a plan to implement an ADS ratio change, effective on or around August 27, 2026. The ratio will change from one ADS representing 375 Class A ordinary shares to one ADS representing 6,000 Class A ordinary shares. This adjustment will function as a 16-for-1 reverse split for ADS holders, who will exchange 16 existing ADSs for one new ADS. The company expects a proportionate increase in the ADS trading price, and this change will not affect the underlying Class A ordinary shares.
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