{"url_path":"/sec/ymt/10-k/2026/item-14","section_key":"item-14","section_title":"Item 14 MATERIAL MODIFICATIONS TO THE RIGHTS","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":204,"has_tables":true,"body_markdown":"ITEM 14.MATERIAL MODIFICATIONS TO THE RIGHTS\nOF SECURITY HOLDERS AND USE OF PROCEEDS\n\nMaterial Modifications\nto the Rights of Security Holders\n\nNone.\n\nUse of Proceeds\n\nThe following “Use of Proceeds” information relates to\nthe registration statement on Form F-1, as amended (File Number 333-287877) in relation to our initial public offering, which was declared\neffective by the SEC on August 7, 2025. We raised approximately US$11.5 million in net proceeds from the initial public offering.\n\nAs of December 31, 2025, we had used the net proceeds of RMB23 million\nfrom our initial public offering, including RMB12 million for the enhancement and expansion of our digital agricultural commerce services\nvia Yimutian and Douniu Apps, RMB6 million for the development technological infrastructure and product operations in relation to our\nnew business initiatives of agricultural sourcing and trading and smart farming, and RMB5 million for the expansion of our network of\nsales representatives in the provision of agricultural sourcing and trading services. There is no material change in the use of proceeds\nas described in our registration statement on Form F-1. We still intend to use the remainder of the proceeds from our initial public offering\nfor purposes as disclosed in our registration statement on Form F-1."}