First Tractor Subsidiary Lists Bank Stake
Company Announcements

First Tractor Subsidiary Lists Bank Stake

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

First Tractor Company Limited, through its subsidiary YTO Diesel Engine, has publicly listed its 0.8827% stake in Zhongyuan Bank for disposal, marking a significant asset transaction. The sale process began on the Beijing Equity Exchange without any buyer as of yet. Investors are cautioned to consider the inherent risks and to invest judiciously due to the uncertainties surrounding the transaction.

For further insights into HK:0038 stock, check out TipRanks’ Stock Analysis page.

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