First Tractor Co Sells Stake in Zhongyuan Bank

First Tractor Co (HK:0038) has released an update.

First Tractor Co’s subsidiary, YTO Diesel Engine, has initiated the public listing of its 0.8827% stake in Zhongyuan Bank on the Beijing Equity Exchange. As of now, no buyers have shown interest, underscoring market uncertainties. Investors are urged to remain cautious as the company continues to monitor the transaction’s progress.

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