Skadden advised Yimutian Inc., a leading agricultural B2B platform in mainland China, on its initial public offering of 5,010,000 American depositary shares on Nasdaq on August 19, 2025. The total offering size is approximately $20.54 million, assuming the underwriter does not exercise its option to purchase additional ADSs. For more information, please see the company’s press release here.
The Skadden team was led by partner Shu Du, with counsel Kenneth Chase and associates Yangtian Li and Olivia Wu (Beijing and Hong Kong). The team also included SEC reporting and compliance partner Brian Breheny and counsel Joshua Shainess (Washington, D.C.); investment management partner Kevin Hardy (Chicago); and tax partner Sean Shimamoto (Houston).