First Tractor Company Limited (FIRRF) Research

Globally, First Tractor Company Limited focuses on the research, development, manufacturing, and sales of agricultural and power machinery, including related spare parts. Its operations are structured across three primary divisions: Agricultural Machinery, Power Machinery, and Finance. Within its agricultural machinery division, the company manufactures wheeled and crawler tractors, along with their crucial components such as castings, forgings, gears, gearboxes, and covers. For power machinery, it provides off-road diesel engines and various accessory parts, including fuel injection pumps and injectors. Additionally, First Tractor engages in the processing and commercialization of rough, semi-finished, and finished casting and forging products. The finance division manages fund settlements and offers a broad spectrum of financial services. These include providing loans, finance leases, bill acceptance and discounting, entrusted loans, and investments to member companies. Subject to approval, it also undertakes equity and portfolio investments in financial institutions. Furthermore, it offers consumer and buyer's credit services, finance leases for its member companies' products, and participates in inter-bank borrowing and lending activities. Established in 1955 as First Tractor Works of China, the company is presently headquartered in Luoyang, China.

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