---
title: "First Tractor Co. Announces Successful EGM with Key Resolutions Passed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269887456.md"
description: "First Tractor Co. held its 2025 third extraordinary general meeting on December 16, 2025, where all proposed resolutions were passed. The meeting included the re-election and appointment of directors, and decisions on directors’ remunerations. Shareholders representing 54.78% of the company’s voting shares participated. The latest analyst rating on the stock is a Buy with a HK$10.00 price target."
datetime: "2025-12-16T15:08:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269887456.md)
  - [en](https://longbridge.com/en/news/269887456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269887456.md)
---

# First Tractor Co. Announces Successful EGM with Key Resolutions Passed

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An update from First Tractor Co ( (HK:0038) ) is now available.

First Tractor Company Limited held its 2025 third extraordinary general meeting on December 16, 2025, where all proposed resolutions were passed. The meeting included the re-election and appointment of directors, as well as decisions on directors’ remunerations. The event saw participation from shareholders representing 54.78% of the company’s voting shares, demonstrating significant shareholder engagement.

The most recent analyst rating on (HK:0038) stock is a Buy with a HK$10.00 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 agricultural machinery industry, focusing on the production and distribution of tractors and related equipment. The company primarily serves the agricultural sector, providing essential machinery for farming operations.

**Average Trading Volume:** 3,888,975

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$15.1B

For a thorough assessment of 0038 stock, go to TipRanks’ Stock Analysis page.

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