FIRST TRACTOR (00038) rose nearly 3%, with the stock up 2.2% to HKD 8.36 at the time of writing, recording a turnover of HKD 17.9643 million. Recently, the company stated on an investor interaction platform that its overseas business is a key strategic focus, and it is accelerating its global expansion strategy with the goal of "building a world-class brand," implementing differentiated sales policies and product portfolios tailored to the specific market demands of different countries and regions. Goldman Sachs believes that FIRST TRACTOR is well-positioned within China's agricultural modernization transition, capable of capturing structural growth opportunities from the industry's trend towards larger and higher-specification tractors, while also possessing long-term export potential. Hua'an Securities pointed out that FIRST TRACTOR is simultaneously strengthening its international market service capabilities; since 2025, it has dispatched service teams to countries including Nigeria and Tajikistan to conduct technical training on maintenance and solutions for key sales models, providing comprehensive one-stop technical services that have been highly recognized by overseas distributors. In terms of market expansion, the company is enhancing brand penetration through multiple channels such as overseas agricultural machinery exhibitions and field demonstration events; leveraging its product localization adaptation capabilities and high-quality service system, it has achieved significant results in markets including Ghana, Serbia, and Indonesia.