First Tractor (HKG:0038, SHA:601038) unit, China-Africa Machinery, secured a 22.2 million yuan contract to supply tractor equipment to China CAMC Engineering (SHE:002051) for 22.2 million yuan, according to a Hong Kong Stock Exchange filing on Tuesday.
The order includes 301 tractor mainframes and accompanying spare parts, accessories, and tools.
China CAMC Engineering will use the equipment for an agricultural mechanization center project, the automotive company said.
First Tractor's Shanghai shares rose 1%, while China CAMC Engineering's shares climbed less than 2% in recent trade.
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