First Tractor Declares RMB0.19746 Dividend per Share for 2025, Requests Shareholder Mandate for 2026 Interim Distribution

Bulletin Express
Mar 26

First Tractor’s board has approved a 2025 final cash dividend of RMB0.19746 per share (tax inclusive), translating into a total payout of RMB221.88 million based on the current share count of 1,123,645,275 shares. Including the interim dividend of RMB76.90 million already distributed, the full-year cash return to shareholders reaches RMB298.78 million, equivalent to 36.80% of the year’s net profit attributable to shareholders.

According to the audited results, First Tractor generated a net profit attributable to shareholders of RMB811.95 million in 2025, while undistributed profit at the parent-company level stood at RMB2.93 billion as of 31 December 2025. Over the past three fiscal years the company has returned RMB994.20 million in cash dividends, representing 109.21% of the period’s average annual net profit of RMB910.33 million. The board confirmed that the proposed distribution does not trigger any risk-warning conditions under the Shanghai Stock Exchange Listing Rules.

The dividend plan, together with a proposal authorising the board to formulate and execute an interim dividend for 2026, was approved at the board meeting held on 26 March 2026 and will be submitted to the forthcoming 2025 annual general meeting for final shareholder approval.

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