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An announcement from First Tractor Co ( (HK:0038) ) is now available.
First Tractor Company Limited has announced its 2024 annual general meeting, scheduled for June 10, 2025, in Luoyang, China. The meeting will address various resolutions, including the approval of the company’s financial and supervisory reports, profit distribution plan, and the appointment of auditors. A special resolution will consider granting the board a mandate to repurchase up to 10% of the company’s H Shares, reflecting a strategic move to manage share capital and potentially enhance shareholder value.
More about First Tractor Co
First Tractor Company Limited operates in the agricultural machinery industry, focusing on the production and distribution of tractors and related equipment. The company primarily serves the agricultural sector in China, aiming to enhance farming efficiency and productivity.
Average Trading Volume: 8,909,678
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.01B
See more data about 0038 stock on TipRanks’ Stock Analysis page.