{"url_path":"/sec/ymt/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1991605/0001213900-26-057895-index.html","accession_number":"0001213900-26-057895","cik":"0001991605","ticker":"YMT","issuer_name":"Yimutian Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1991605/0001213900-26-057895-index.html","primary_entity_key":"0001991605","primary_entity_name":"Yimutian Inc."},"word_count":928,"has_tables":true,"body_markdown":"20-F\n1\nea0287322-20f_yimutian.htm\nANNUAL REPORT\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, D.C. 20549\n\nFORM 20-F\n\n** **\n\n**(Mark One)**\n\n**☐****REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\nOR\n\n** **\n\n**☒****ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n** **\n\n**For the fiscal year ended\nDecember 31, 2025.**\n\nOR\n\n** **\n\n**☐****TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\nOR\n\n** **\n\n**☐****SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n** **\n\n**Date of event requiring this shell company\nreport**\n\nFor the transition period from to\n\nCommission file number: 001-42760\n\nYimutian Inc.\n\n(Exact name of Registrant as specified in its charter)\n\n**N/A**(Translation of Registrant’s name into English)\n\n** **\n\n**Cayman Islands**(Jurisdiction of incorporation or organization)\n\n** **\n\n**6/F, Building B-6, Block A Zhongguancun\nDongsheng Technology Campus No. 66\nXixiaokou Road\nHaidian District, Beijing 100192\nThe People’s Republic of China**(Address of principal executive offices)\n\n**Shijie Chen, Chief Financial Officer\n6/F, Building B-6, Block A Zhongguancun\nDongsheng Technology Campus No. 66\nXixiaokou Road\nHaidian District, Beijing 100192\nThe People’s Republic of China\nE-mail: ir@ymt360.com**\n\nTelephone: +86 (10) 5708-6561\n\n(Name, Telephone, Email and/or Facsimile number and Address of Company Contact Person)\n\nSecurities registered or to be registered pursuant\nto Section 12(b) of the Act.\n\n**Title of Each Class**\n\n**Trading Symbol**\n\n**Name of Each Exchange On\nWhich Registered**\n\nAmerican depositary shares, each\nrepresenting twenty-five (25) Class A ordinary\nshares\n\nYMT\n\nThe Nasdaq Stock Market LLC\n\nClass A ordinary share, par value US$0.00001 per share*\n\nThe Nasdaq Stock Market LLC\n\n*Not for trading, but only in connection with the listing on The Nasdaq\nGlobal Market of American depositary shares.\n\nSecurities registered or to be registered pursuant\nto Section 12(g) of the Act.\n\nNone\n\n(Title of Class)\n\nSecurities for which there is a reporting obligation\npursuant to Section 15(d) of the Act.\n\nNone\n\n(Title of Class)\n\nIndicate the number of outstanding shares of\neach of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:\n\nAs of December 31, 2025, there were 2,859,426,766\nordinary shares outstanding, par value US$0.00001 per share, being the sum of 2,516,653,606 Class A ordinary shares, par value US$0.00001\nper share and 342,773,160 Class B ordinary shares, par value US$0.00001 per share.\n\nIndicate by check mark if the registrant is a\nwell-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No\n\nIf this report is an annual or transition report,\nindicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act\nof 1934. ☐ Yes ☒ No\n\nNote – Checking the box above will not\nrelieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations\nunder those Sections.\n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12\nmonths (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. ☒ Yes ☐ No\n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405\nof this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No\n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large\naccelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer\n☐\nAccelerated filer\n☐\n\nNon-accelerated filer\n☒\nEmerging growth company\n☒\n\nIf an emerging growth company that prepares its\nfinancial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition\nperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n†The term “new or revised financial\naccounting standard” refers to any update issued by the Financial Accounting Standards\nBoard to its Accounting Standards Codification after April 5, 2012.\n\nIndicate by check mark whether the registrant\nhas filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial\nreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or\nissued its audit report. ☐\n\nIf securities are registered pursuant to Section\n12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction\nof an error to previously issued financial statements. ☐\n\nIndicate by check mark whether any of those error\ncorrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s\nexecutive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\nIndicate by check mark which basis of accounting\nthe registrant has used to prepare the financial statements included in this filing:\n\nU.S. GAAP ☒\nInternational Financial Reporting Standards\nas issued by the International\nAccounting Standards Board ☐\nOther ☐\n\nIf “Other” has been checked in response\nto the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17 ☐"}