{"url_path":"/sec/ymt/10-k/2026/item-8","section_key":"item-8","section_title":"Item 8 FINANCIAL INFORMATION","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":551,"has_tables":true,"body_markdown":"ITEM 8.FINANCIAL INFORMATION\n\nA.CONSOLIDATED STATEMENTS AND OTHER FINANCIAL\nINFORMATION\n\nWe have appended consolidated\nfinancial statements filed as part of this annual report.\n\nLegal Proceedings\n\nWe may from time to time\nbe subject to various legal or administrative claims and proceedings arising in the ordinary course of our business. We are currently\nnot a party to any material legal or administrative proceedings.\n\nLitigation or any other legal\nor administrative proceeding, regardless of the outcome, is likely to result in substantial costs and diversion of our resources, including\nour management’s time and attention. See “Item 3. Key Information—D. Risk Factors—Risks Related to Our Business\nand Industry—We, and our directors and officer, may be involved in legal and/or regulatory proceedings that are expensive and time\nconsuming and, if resolved adversely, that may materially adversely affect us.”\n\nDividend Policy\n\nOur board of directors has\ndiscretion on whether to distribute dividends, subject to certain requirements of Cayman Islands law. In addition, our shareholders may\nby ordinary resolution declare a dividend, but no dividend may exceed the amount recommended by our board of directors. In either case,\nall dividends are subject to certain restrictions under Cayman Islands law, namely that our company may only pay dividends out of profits\nor share premium account, and provided always that in no circumstances may a dividend be paid if this would result in our company being\nunable to pay its debts as they fall due in the ordinary course of business. Even if we decide to pay dividends, the form, frequency\nand amount will depend upon our future operations and earnings, capital requirements and surplus, general financial condition, contractual\nrestrictions and other factors that the board of directors may deem relevant.\n\nAs of the date of this annual\nreport, we have not declared or paid any dividends. We do not have any present plan to pay any cash dividends on our ordinary shares\nin the foreseeable future. We currently intend to retain most, if not all, of our available funds and any future earnings to operate\nand expand our business.\n\nWe are a holding company\nincorporated in the Cayman Islands. We may rely on dividends from our subsidiaries in mainland China for our cash requirements, including\nany payment of dividends to our shareholders. Mainland China’s regulations may restrict the ability of our mainland China subsidiaries\nto pay dividends to us. See “Item 4. Information on the Company—B. Business Overview—Regulations—Regulations\nRelating to Foreign Exchange.”\n\nIf we pay any dividends on\nour ordinary shares, we will pay those dividends which are payable in respect of the underlying Class A ordinary shares represented\nby the ADSs to the depositary, as the registered holder of such Class A ordinary shares, and the depositary then will pay such amounts\nto the ADS holders in proportion to the underlying Class A ordinary shares represented by the ADSs held by such ADS holders, subject\nto the terms of the deposit agreement, including the fees and expenses payable thereunder. See “Item 12. Description of Securities\nOther Than Equity Securities—D. American Depositary Shares.” Cash dividends on our ordinary shares, if any, will be paid\nin U.S. dollars.\n\nB.SIGNIFICANT CHANGES\n\nExcept as disclosed elsewhere\nin this annual report, we have not experienced any significant changes since the date of our audited consolidated financial statements\nincluded in this annual report.\n\n128"}