First Tractor Company Limited (FTP.F)

0.9700 +0.0100 (+1.04%) At close: 08:05AM CEST

First Tractor Company Limited

No. 154 Jianshe Road
Luoyang 471004
China
86 37 9649 67038
https://www.first-tractor.com.cn

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full-time employees: 6,891

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Tao Wei	GM & Director	109.21k	N/A	1980
Mr. Zhifeng Kang	Financial Controller	10.37k	N/A	1982
Ms. Lina Yu	Deputy GM & Company Secretary	181.31k	N/A	1970

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related spare parts worldwide. The company operates through three divisions: Agricultural Machinery, Power Machinery, and Finance. It offers wheeled and crawler tractors, and its components, such as castings, forgings gears, gear boxes, and covers; and off-road diesel engines, as well as accessory parts, including fuel injection pumps and fuel injectors. The company also engages in the fund settlement; provision of financial services; and processing and sale of rough and semi-finished, and finished products of castings and forging products. In addition, it provides loans, finance lease, bill acceptance and discounting, entrusting loans, and investments to member companies, as well as equity and portfolio investment in financial institutions as approved; and consumer credit service, buyer's credit, and finance lease for products of member companies and inter-bank borrowing and lending. The company was formerly known as First Tractor Works of China. First Tractor Company Limited was founded in 1955 and is based in Luoyang, China.

Corporate governance

First Tractor Company Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.