# EDGAR Filing Document

**Accession Number:** 0001991605
**File Stem:** 0000000000-25-007939
**Filing Date:** 2025-7
**Character Count:** 6686
**Document Hash:** fc54df4bf8eaceb790c9608d0de41f3b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-007939.hdr.sgml**: 20251211

**ACCESSION NUMBER**: 0000000000-25-007939

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250729

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yimutian Inc.
- **CENTRAL INDEX KEY:** 0001991605
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-07029

**BUSINESS ADDRESS:**
- **STREET 1:** 6/F, BUIDLING B-6, BLOCK A
- **STREET 2:** NO. 66 XIXIAOKOU ROAD, HAIDIAN DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100192
- **BUSINESS PHONE:** 86 10 5708 6561

**MAIL ADDRESS:**
- **STREET 1:** 6/F, BUIDLING B-6, BLOCK A
- **STREET 2:** NO. 66 XIXIAOKOU ROAD, HAIDIAN DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100192
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950123-23-011296

## Text-Extract

```

                                                            July 29, 2025

Jinhong Deng
Chief Executive Officer
Yimutian Inc.
6/F, Building B-6, Block A
Zhongguancun Dongsheng Technology Campus
No. 66 Xixiaokou Road
Haidian District, Beijing 100192
People   s Republic of China

       Re: Yimutian Inc.
           Amendment No. 1 to Registration Statement on Form F-1
           Filed July 22, 2025
           File No. 333-287877
Dear Jinhong Deng:

     We have reviewed your amended registration statement and have the
following
comments.

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments. Unless
we note
otherwise, any references to prior comments are to comments in our July 7, 2025
letter.

Amendment No. 1 to Registration Statement on Form F-1
Cash Flows Through Our Organization, page 11

1.     We note your disclosure in this amendment that in 2023 and 2024, the
WFOE made
       payments to the VIEs for intragroup transactions in the amounts of RMB
30.0 million
       and RMB 2.8 million, respectively. We also note your disclosure on page
11 of the
       registration statement on Form F-1 filed on June 9, 2025 that in 2023
and 2024, the
       WFOE made payments to the VIEs for intragroup transactions in the
amounts of
       RMB 64.8 million and RMB 67.6 million. Please tell us in sufficient
detail the reason
       for this change.
 July 29, 2025
Page 2

Summary Consolidated Financial Data and Operating Data, page 17

2.     Please revise so that the presentations of financial information in
tabular form read
       consistently from left to right in the same chronological order
throughout the filing.
       Similarly, numerical data included in narrative sections should be
consistently
       ordered. We refer you to the guidance in SAB Topic 11:E.
3.     We note your response to prior comment 1 and reissue in part. Please
present as
       separate line items, disaggregated intercompany amounts. The objective
of this
       disclosure is to allow an investor to evaluate the nature of assets held
by, and the
       operations of, entities apart from the VIE, as well as the nature and
amounts
       associated with intercompany transactions.
4.     Please explain to us why the balance sheet amounts reported for the VIEs
and VIEs'
       Subsidiaries in the condensed consolidating schedules do not agree with
the
       corresponding consolidated assets and liabilities information of the
Group   s VIEs as
       of December 31, 2023 and 2024 reported in Note 1. In this regard the
consolidated
       assets and liabilities information of the Group's VIEs reported in Note
1 should
       present the carrying amounts prior to intercompany eliminations. In
addition, the
       presentation should be sufficiently disaggregated to disclose
significant intercompany
       balances. We refer you to ASC 810-50 paragraphs 2AA.d and 3.bb.
Dilution, page 85

5.     Revise to clarify that on both a historical and pro forma basis you have
a net tangible
       deficit, not book value. In addition, you should clarify that after
giving effect to your
       sale of ADSs in the offering there will be a pro forma as adjusted net
tangible deficit,
       and the offering will result in an immediate decrease in net tangible
deficit to existing
       shareholders. Similarly, revise the line-item descriptions of the per
share and ADS
       amounts, as needed, to accurately reflect the amounts presented.
Index to Financial Statements, page F-1

6.     We note that you have provided the unaudited interim consolidated
financial
       statements as of and for the three-month period ended March 31, 2025. In
this regard,
       please revise to clearly label your interim financial statement
information as
       "unaudited" where appropriate throughout the filing, including, but not
limited to the
       following sections: summary of consolidated financial data and operating
data,
       capitalization, dilution, selected combined financial and other data,
management   s
       discussion and analysis of the financial condition and results of
operations.
Parent Company Only Condensed Financial Information, page F-81

7.     We note your response to prior comment 3 indicating that the information
in Note 28
       reflects Yimutian Inc.'s financials after eliminating all intercompany
transactions and
       balances. Parent company only financial information should report the
actual balances
       on the parent company's books. Please revise as necessary or advise us.
 July 29, 2025
Page 3

       Please contact Anastasia Kaluzienski at 202-551-3685 or Robert
Littlepage at 202-
551-3361 if you have questions regarding comments on the financial statements
and related
matters. Please contact Aliya Ishmukhamedova at 202-551-7519 or Mitchell Austin
at 202-
551-3574 with any other questions.

                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Technology
cc:   Shu Du

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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