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Yituo Co., Ltd. (601038.SH): The gross margin of the company's export business is higher than that of domestic business
Gelonghui, May 8, 丨 Yituo Co., Ltd. (601038.SH)'s April investor relations activity record sheet shows that the company's gross margin of export business is higher than that of domestic business due to profits from parts manufacturing and mainframe assembly in the comprehensive industrial chain and profits from international trade.
Yituo Co., Ltd. (601038.SH): Currently, the company mainly uses RMB settlement in Russian regions and other markets
Gelonghui, May 8, 丨 Yituo Co., Ltd. (601038.SH)'s April investor relations activity record table shows that the company's overseas sales model is mainly sales through dealers; according to the risk characteristics of export regions, some regions and countries use full payment before shipping, while others are settled by issuing a letter of credit. The company also protects against overseas business receivable risks by applying for CITIC Insurance and the like. Currently, the company mainly uses RMB settlement in Russian-speaking regions and other markets.
Yituo Co., Ltd. (601038.SH): At present, the company has developed hybrid tractor products and commercialized them in small quantities
Gelonghui, May 8, 丨 Yituo Co., Ltd. (601038.SH) April investor relations activity record sheet shows that due to tractor usage scenarios, mainly agricultural production and the development of battery technology, pure electric agricultural machinery is mainly used in medium- and low-power products at this stage. At present, the company has developed hybrid tractor products and commercialized them in small quantities.
Hong Kong Stock Concept Tracking | Leading institutions in agricultural machinery loan growth in the first quarter are optimistic about the increase in overseas revenue from agricultural machinery exports (with concept stocks)
Currently, spring farming across the country is nearing its end. The reporter learned in Guangdong, Anhui and other places that agricultural machinery loans have become one of the fastest growing areas of agricultural loans since this year, showing that the level of agricultural mechanization in China continues to rise. According to the data, since this year, the agricultural machinery loan balance of the Agricultural Bank has increased by more than 50% compared to the beginning of the year, making it one of the fastest growing areas of agricultural loans. The General Administration of Financial Supervision also proposed that this year, it is necessary to increase the issuance of credit loans to new agricultural operators and farmers to raise the level of financial services in rural areas. According to the Chinese Government Network, the Ministry of Finance plans to allocate 24.6 billion yuan to support the purchase and application of agricultural machinery in 2024
First Tractor's (HKG:38) Solid Earnings May Rest On Weak Foundations
The market for First Tractor Company Limited's (HKG:38) stock was strong after it released a healthy earnings report last week. While the profit numbers were good, our analysis has found some concern
Investors Still Aren't Entirely Convinced By First Tractor Company Limited's (HKG:38) Earnings Despite 34% Price Jump
First Tractor Company Limited (HKG:38) shares have continued their recent momentum with a 34% gain in the last month alone. Looking back a bit further, it's encouraging to see the stock is up 96% i
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