Yimutian Inc. Completes Legal Due Diligence for Xunxi Technology Acquisition

Reuters01-23

Yimutian Inc. Completes Legal Due Diligence for Xunxi Technology Acquisition

Significant progress has been made in Yimutian Inc.'s planned acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd. The company has completed the legal due diligence process, with results indicating no issues that would impact the deal. The acquisition aims to enhance Yimutian's presence in the consumer segment and support its transition from a B2B to a B2B2C industry chain model. By integrating Xunxi Technology’s expertise in e-commerce and digital supply chain management, Yimutian expects to expand its end-to-end coverage of the agricultural industry, diversify revenue streams, and improve profitability. Lei Chen, CEO of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business upon completion of the transaction. Final terms and pricing details are expected to be disclosed at a later date.

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 GlobeNewswire (Ref. ID: GNW9631225-en) on January 23, 2026, and is solely responsible for the information contained therein.

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Completes Legal Due Diligence for Xunxi Technology Acquisition\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Significant progress has been made in Yimutian Inc.'s planned acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd. The company has completed the legal due diligence process, with results indicating no issues that would impact the deal. The acquisition aims to enhance Yimutian's presence in the consumer segment and support its transition from a B2B to a B2B2C industry chain model. By integrating Xunxi Technology’s expertise in e-commerce and digital supply chain management, Yimutian expects to expand its end-to-end coverage of the agricultural industry, diversify revenue streams, and improve profitability. Lei Chen, CEO of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business upon completion of the transaction. 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Completes Legal Due Diligence for Xunxi Technology Acquisition\n    \n\n        Significant progress has been made in Yimutian Inc.'s planned acquisition of 100% equity in Ningbo Xunxi Technology Co., Ltd. The company has completed the legal due diligence process, with results indicating no issues that would impact the deal. The acquisition aims to enhance Yimutian's presence in the consumer segment and support its transition from a B2B to a B2B2C industry chain model. By integrating Xunxi Technology’s expertise in e-commerce and digital supply chain management, Yimutian expects to expand its end-to-end coverage of the agricultural industry, diversify revenue streams, and improve profitability. Lei Chen, CEO of Xunxi Technology, will join Yimutian as Vice President and General Manager of Retail Business upon completion of the transaction. 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