Yimutian Inc. (the "Company") today issued a strategic update to investors and market participants, outlining the Company's capital plan, equity commitments, and financial outlook for 2026. Following a management meeting convened on March 20, 2026, the Board and senior management are setting out, in plain terms, the actions the Company is taking and the results it expects to deliver over the coming year.

The Company's US$30 million convertible note facility, signed in December 2025 and filed with the SEC, is proceeding as planned. The initial tranche of US$3.3 million has been funded, with a second tranche expected to close in the near term and the remainder to be drawn during the year subject to customary conditions. The facility provides the Company with the liquidity and flexibility to execute on organic growth initiatives and pursue strategic acquisitions as opportunities arise.

More directly, the Company and its management team are putting their own capital behind that conviction. Over the next nine months, they commit to purchasing no less than US$3 million of the Company's shares in the open market. The management team has further committed to a twelve-month lock-up on existing holdings, foregoing the ability to sell regardless of how market conditions evolve. The Company is also working with its Board to adopt a formal share repurchase program in the near term, which will provide a structured, ongoing mechanism for capital return alongside management's personal purchases. Open market buying by insiders requires real cash and accepts real market risk. These commitments mean management's financial interests are tied to the same outcome as every shareholder's.

On the business, management expects total 2026 revenue of approximately RMB 1.0 billion, with roughly equal contributions from the Company's core operations and the pending Xunxi acquisition. The core business is being driven by online-to-offline integration, geographic expansion into underpenetrated markets, supply chain digitization, and deepening partnerships with supermarket operators and livestreaming commerce platforms — initiatives already in execution across the Company's business lines. The Xunxi contribution is contingent on closing, which the Company expects in the near term. Detailed segment disclosures and unit economics will follow in the Company's financial reports once available. The Company looks forward to providing further updates on its operational and financial progress in connection with its upcoming financial results.