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YTO Group Corporation** (hereinafter referred to as “YTO” or “the Company”) is a subsidiary of **China National Machinery Industry Corporation (SINOMACH)**. Its predecessor, the **First Tractor Manufacturing Plant**, was founded in 1955 and was one of the 156 key construction projects during China’s First Five-Year Plan. Its core enterprise, **First Tractor Company Limited** (“First Tractor”), is an “A+H” listed company on the Hong Kong Stock Exchange and the Shanghai Stock Exchange.After nearly 70 years of development, YTO has become a large equipment manufacturing enterprise centered on agricultural equipment and developing related manufacturing service businesses through innovation. It has a complete agricultural equipment industrial chain system covering tractors, harvesting machinery, implements and other agricultural machinery products, as well as core components such as diesel engines, drivetrains, cabs, and castings and forgings. By the end of 2023, YTO had cumulati... [Detailed introduction]
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