Baker McKenzie has acted as authorized counsel to the underwriter within the preliminary public providing and itemizing of American depositary shares (the “ADSs”) representing Class A strange shares of Yimutian Inc. (“Yimutian”) on the Nasdaq World Market.
Buying and selling of Yimutian’s ADSs commenced on 19 August 2025 beneath the ticker image “YMT”. The providing closed on 20 August 2025.
Yimutian is a number one agricultural B2B platform based mostly in mainland China. In line with the corporate’s announcement, web proceeds from the providing can be used for the enhancement and growth of its digital agricultural commerce providers of its apps, the event of technological infrastructure and product operations in relation to its new enterprise initiatives, the growth of its agricultural sourcing and buying and selling providers and dealing capital and common company functions.
The deal crew was led by Dan Ouyang, co-chair of Baker McKenzie’s Asia Pacific and China Capital Markets Practices, alongside Ke (Ronnie) Li and Zhenzhen Bao from FenXun’s Worldwide Capital Markets Follow*. The core deal crew members additionally included Claire Chen and Robin Weng.
This transaction provides to the Agency’s rising checklist of US capital markets offers, together with, most lately, Chagee Holdings’ US IPO, Youlife’s de-SPAC merger and Nasdaq itemizing, and Scage Worldwide’s enterprise mixture with Finnovate and Nasdaq itemizing.
*Baker McKenzie established a Joint Operation Workplace with FenXun in China as Baker McKenzie FenXun that was authorized by the Shanghai Justice Bureau in 2015.
