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First Tractor Co. Enhances Governance with New Audit Committee

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First Tractor Co. Enhances Governance with New Audit Committee

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First Tractor Co ( (HK:0038) ) just unveiled an update.

First Tractor Company Limited has established an Audit Committee to enhance its corporate governance structure and strengthen the decision-making capabilities of its Board of Directors. This committee is tasked with overseeing the company’s financial disclosures, audit processes, and internal controls, ensuring compliance with various regulatory requirements. The formation of this committee is expected to improve transparency and protect investor interests, potentially enhancing the company’s reputation and trust among stakeholders.

The most recent analyst rating on (HK:0038) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on First Tractor Co stock, see the HK:0038 Stock Forecast page.

More about First Tractor Co

First Tractor Company Limited operates in the manufacturing industry, focusing on the production and distribution of agricultural machinery and equipment. The company is listed on the Hong Kong and Shanghai Stock Exchanges, adhering to relevant corporate governance and regulatory standards.

YTD Price Performance: 1.81%

Average Trading Volume: 4,465,474

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.81B

See more data about 0038 stock on TipRanks’ Stock Analysis page.

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