YTO was selected to create a world-class specialized and special new demonstration enterprise

Recently, the State-owned Assets Supervision and Administration Commission of the State Council announced the list of world-class demonstration enterprises and specialized and special new demonstration enterprises. First Tractor Co., Ltd. (hereinafter referred to as "Yituo") was selected as the first batch of 200 world-class specialized and special new demonstration enterprises in China.

Yituo Shares was listed on the Hong Kong Stock Exchange in June 1997 and traded on the Shanghai Stock Exchange in August 2012. It is the first "A+H" listed company in China's agricultural machinery industry.
As a "pacesetter" in China's agricultural machinery industry, Yituo Co., Ltd. focuses on the R&D and manufacturing of agricultural power machinery and key components such as tractors and diesel engines, adheres to the independent and controllable industrial chain, effectively accelerates the tackling of key core technologies of agricultural machinery equipment, and provides strong support for accelerating the development of China's agricultural machinery equipment industry, serving the country's "rural revitalization" and achieving agricultural and rural modernization.

In recent years, Yituo Co., Ltd. has accelerated the digitization, informatization, intelligence, and green upgrading of the manufacturing process, further consolidating the industrial foundation; Continue to create an innovation engine and lead the industry's technological progress. Yituo Co., Ltd. has a national key laboratory for intelligent agricultural power equipment, a national enterprise technology center, a national industrial design center, and the most advanced pilot base in China. With its industry-leading research and development strength, it has continuously achieved fruitful research and development results. Aiming at the problems of "inorganic availability", "organic difficulty", and "stuck neck" in the industry, Yituo Co., Ltd. has successively introduced China's first power shift tractor, continuously variable transmission tractor, vehicle mounted electric tractor, unmanned tractor, and other modern equipment. Breakthroughs in key core technologies such as continuously variable transmission systems, intelligent control systems, and unmanned driving have filled many domestic technological gaps.

To truly become a solid guarantee for "letting Chinese people take their jobs in their own hands".
According to reports, creating a world-class specialized and innovative demonstration enterprise is an important part of the SASAC's implementation of the Party Central Committee and the State Council's decision and deployment to accelerate the construction of world-class enterprises, and deepening the "four special actions" of creating demonstration, management improvement, value creation, and brand leadership. It aims to select world-class specialized and innovative enterprises with outstanding expertise, innovation driven, lean management, and distinct characteristics throughout the country, Give full play to the demonstration and driving role, and promote the implementation of special reform projects for state-owned assets and enterprises.