FIRST TRACTOR(00038): North China Institute and YTO Diesel Engine entered into an industrial product purchase agreement.
The First Tractor Co., Ltd. (00038) announced that Beiqi Yin has won the bid for the industrialization project of China National V non-road diesel engine of YTO diesel engine - cylinder block and cylinder head library, parts library, and machine AGV conveying system (the project) open for bidding. On February 3, 2026, Beiqi Yin and YTO Diesel Engine signed an industrial product purchase and sale contract, YTO Diesel Engine will purchase the construction services of cylinder block and cylinder head library (including AGV automatic transport system and environmental protection system), parts library, and machine AGV conveying system from Beiqi Yin, with a total price of 23 million RMB.
The First Tractor (00038) issued a public announcement that Beiqi Institute has successfully bid for the industrialization project of non-road National V diesel engine of One Tractor Diesel Engine, including the construction of cylinder head and block warehouse, parts warehouse, and machine processing line AGV conveyor system. On February 3, 2026, Beiqi Institute signed an industrial product purchase contract with One Tractor Diesel Engine, where One Tractor Diesel Engine will purchase the construction services of cylinder head and block warehouse (including AGV automated transport system and environmental protection system), parts warehouse, and machine processing line AGV conveyor system from Beiqi Institute, for a total price of 23 million RMB.
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