First Tractor Secures Full Shareholder Approval at 2025 AGM

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

First Tractor Company Limited reported that all resolutions proposed at its 2025 annual general meeting, held on 2 June 2026 in Luoyang, Henan Province, were duly passed by poll. The meeting saw participation from 253 shareholders or proxies, representing 644,456,227 voting shares, or 57.35% of the company’s share capital, with no treasury or repurchased shares affecting the voting outcome.

The approval of all AGM resolutions, backed by both A share and H share investors, underscores solid shareholder engagement and support for the company’s governance and strategic direction. The absence of treasury and pending cancellation shares in the vote also indicates a straightforward capital structure, providing clarity for stakeholders on the legitimacy and representativeness of the meeting’s decisions.

The most recent analyst rating on (HK:0038) stock is a Buy
with a HK$13.00 price target.
To see the full list of analyst forecasts on First Tractor Co stock,
see the HK:0038 Stock Forecast page.