Yimutian announces extraordinary general meeting with proposals to increase Class B voting rights and expand authorized share capital
Yimutian Inc. has filed a 6-K announcing an Extraordinary General Meeting (EGM) scheduled for November 23, 2026 at 10:00 a.m. Beijing time in Beijing, China. The proposed resolutions include (1) a special resolution to increase Class B ordinary share voting rights from 1,000 to 10,000 votes per share, (2) an ordinary resolution to increase authorized share capital from US$2,000,000 to US$20,000,000 through creation of 1.8 trillion additional Class A ordinary shares, and (3) adoption of the Fifteenth Amended and...
Key takeaways
Yimutian proposes increasing Class B ordinary share votes from 1,000 to 10,000 per share, a tenfold voting rights increase.
Authorized share capital would increase from US$2,000,000 to US$20,000,000, with Class A authorized shares expanding from 160 billion to 1.96 trillion.
The Fifteenth Amended and Restated Memorandum and Articles of Association would replace the current Fourteenth version.
Shareholders of record as of October 28, 2026 are entitled to vote at the EGM; ADS holders must give voting instructions to JPMorgan Chase Bank, N.A.
The board of directors fully supports all proposed resolutions and recommends shareholders vote in favor.
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