First Tractor Co Announces New Financial Services Agreement

TipRanksNov 15 10:10 ET

First Tractor (00038.HK) has entered into a financial services agreement with China National Machinery Financial.

On November 15, Glonghui announced that the current financial service agreement of first tractor (00038.HK) will expire on December 31, 2024. Based on the group's operation and funding needs, and ensuring the safety of the group's funds and stable returns, the company signed a financial service agreement on November 15, 2024, which is valid for three years, from January 1, 2025, to December 31, 2027 (including both start and end dates). Contracting parties: the company (representing the group); and Guoji Financial. Guoji Financial will provide, and the group will accept Guoji.

Gelonghui FinanceNov 15 09:52 ET

First Tractor to Inject 86 Million Yuan Into Sinomach Finance

MT NewswiresNov 13 06:08 ET

First Tractor Unit to Provide Tractor Equipment, Training to China CAMC Engineering

MT NewswiresNov 13 05:29 ET

First Tractor Unit Secures 22 Million Yuan Equipment Deal With China CAMC Engineering

MT NewswiresNov 12 23:47 ET

First Tractor's affiliated company, China CAMC Engineering, will purchase equipment, related technical documents, and training services from Zhongfei Heavy Industry in Africa.

First Tractor (00038) announced that on November 12, 2024, its subsidiary CAMCE and China CAMC Engineering signed a procurement contract, where China CAMC Engineering will purchase equipment, related technical documents, and training services from CAMCE for a total of 22.1577 million Chinese yuan. This transaction, facilitated through effective cooperation with a subsidiary of China National Machinery Industry Corporation in overseas markets, has enabled the company to break through its weak overseas markets, helping to expand its presence in the African market, enhance brand influence, and drive the development of the company's international business.

Sina Hong Kong StocksNov 12 18:25 ET