First Tractor to Change Company Type

MT Newswires Live2025-01-16

First Tractor (HKG:0038, SHA:601038) said it would change its registered company type to "Stock Limited Company (Hong Kong, Macao, and Taiwan Investment, Listed)" from "Stock Limited Company (Taiwan, Hong Kong, Macao and Domestic Equity Joint Investment, Listed)" to align with China's foreign investment law provisions, according to a Wednesday filing with the Hong Kong bourse.

The update, compliant with regulatory guidelines, reflects adjustments in the machinery products company's investment classification.

The change, which does not affect the company's Articles of Association, underscores adherence to evolving foreign investment policies.

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