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First Tractor Co. Implements Key Governance Changes at 2025 EGM

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First Tractor Co. Implements Key Governance Changes at 2025 EGM

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First Tractor Co ( (HK:0038) ) has provided an announcement.

First Tractor Company Limited held its 2025 second extraordinary general meeting (EGM) on September 29, 2025, where significant corporate governance changes were approved. The meeting resulted in the abolition of the supervisory committee and amendments to the articles of association, reflecting a strategic shift in the company’s governance structure. These changes are expected to impact the company’s operational framework and may influence its market positioning by streamlining decision-making processes.

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

YTD Price Performance: 1.81%

Average Trading Volume: 4,465,474

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.81B

See more insights into 0038 stock on TipRanks’ Stock Analysis page.

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