FIRST TRACTOR (00038) released its interim results, with a net profit attributable to shareholders of 782 million yuan, an increase of 1.72% year-on-year.

FIRST TRACTOR (00038) released its interim results for the six months ended June 30, 2026, showing a total operating income of RMB 7.886 billion, an increase of 13.84% year-on-year; a net profit attributable to the parent company's owners of RMB 782 million, an increase of 1.72% year-on-year; and basic earnings per share of RMB 0.6962. In the first half of 2026, the agricultural machinery industry saw a slight recovery. The company responded to changes in the market environment by implementing precise strategies to expand sales in the domestic market, alongside quantitative evaluations and dynamic management mechanisms. The company deepened its strategy of focusing on major clients and promoted order cooperation through exclusive value-added services. By continuously rectifying weak channels, enhancing cooperation with financial institutions, and building a comprehensive digital marketing matrix, the company effectively boosted product sales. During the reporting period, the company actively explored integrated cooperation of main machinery and agricultural tools around core operating scenarios such as paddy fields, dry land, economic crops, and hilly mountainous areas, accelerating the construction of a complete product lineup of Dongfanghong agricultural equipment, thereby enhancing product competitiveness. During the reporting period, the company's tractor sales reached 50,100 units, a year-on-year increase of 17.05%, outpacing the industry's growth rate by 11.55 percentage points, while market share increased by 2.77 percentage points year-on-year.