Agricultural machinery
This part makes and sells tractors and other farm machines used for land preparation, planting, and field work.
Customers and revenue model
F
First Tractor Co Ltd
XMUN:FTP
First Tractor Co Ltd
XMUN:FTP
Price:
0.865
EUR
Market Closed
Market Cap:
€632.9m
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- China CN
- Employees
- 7 011
- IPO date
- Jun 23, 1997
First Tractor Co Ltd makes farm machinery, especially tractors, and also builds diesel engines and related power equipment. Its main products are sold through dealers and service channels to farmers, agricultural contractors, and other buyers that need machines for plowing, planting, transport, and similar work. The company also sells parts and after-sales support, which helps keep equipment running in the field.
It makes money mainly by manufacturing and selling machines, engines, and spare parts. Like other industrial equipment makers, it earns most of its cash when customers buy new equipment and again when they need replacement parts or maintenance. Because tractors and engines are long-lasting, the business depends not only on new sales but also on a steady installed base of machines that need support over time.
What makes First Tractor important is its role in China’s agricultural equipment supply chain. It sits between steel, engine, and component suppliers on one side and farmers and farm operators on the other. That makes it a core industrial manufacturer with a business tied to food production and mechanized farming rather than consumer demand.
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