---
title: "First Tractor Secures Full Shareholder Approval at 2025 AGM"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288489302.md"
description: "First Tractor Co (HK:0038) announced that all resolutions proposed at its 2025 Annual General Meeting on June 2, 2026, were passed. The meeting saw participation from shareholders representing 57.35% of the company's share capital. This outcome reflects strong shareholder support for the company's governance and strategy."
datetime: "2026-06-02T15:13:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288489302.md)
  - [en](https://longbridge.com/en/news/288489302.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288489302.md)
generator: "portal-rs"
---

# 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. 

**More about First Tractor Co**

First Tractor Company Limited is a mainland China-based manufacturer focused on agricultural machinery, including tractors, and related equipment. The company’s shares are listed in both A share and H share markets, giving it access to domestic and overseas investors within the broader agricultural and industrial sector.

**Average Trading Volume:** 4,580,099

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$14.07B

For an in-depth examination of 0038 stock, go to TipRanks’ Overview page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**