证券代码：601038 证券简称：一拖股份 公告编号：临2026-01 第一拖拉机股份有限公司 权益变动的进展情况：公司于近日收到中国一拖通知，因《股份转让协 议》的先决条件无法成就，导致《减资协议》及《股份转让协议》无法履行，终 止上述股权置换及相关协议。 一、权益变动前期基本情况 关于控股股东权益变动的进展公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责 任。 重要内容提示： 权益变动的基本情况：第一拖拉机股份有限公司（以下简称公司）控股 股东中国一拖集团有限公司（以下称中国一拖）拟与其股东洛阳工业控股集团有 限公司（以下简称洛阳工控集团，曾用名洛阳市国资国有资产经营有限公司）实 施股权置换项目，为此，双方于 2023 年 12 月 22 日签署附生效条件的《中国一 拖集团有限公司减资协议》（以下称《减资协议》）及《第一拖拉机股份有限公司 股份转让协议》（以下称《股份转让协议》），约定中国一拖减资回购洛阳工控集 团持有的中国一拖全部 11.78%股权，并通过协议转让方式向洛阳工控集团转让 其持有的一拖股份 A 股 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 第一拖拉机股份有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00038 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 391,940,000 | RMB | | 1 | RMB | | 391,940,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 391,940,000 | RMB | | | 1 RMB | | 391,940,000 | | 2. 股份分類 | ...

Core Viewpoint - YTO Group Corporation (一拖股份) is focusing on expanding its overseas business as a key strategic direction, aiming to build a world-class brand and accelerate its internationalization strategy [1] Group 1: Business Strategy - The company is implementing differentiated sales policies and product combinations tailored to the market demands of different countries and regions [1] - Goldman Sachs believes that YTO Group is well-positioned to capitalize on structural growth opportunities in the industry, particularly in the modernization of agriculture in China, as well as the long-term export potential [1] Group 2: International Market Development - Huazhong Securities highlights that YTO Group is enhancing its international market service capabilities, having dispatched service teams to countries like Nigeria and Tajikistan since 2025 for maintenance and technical training [1] - The company is recognized by overseas distributors for providing comprehensive one-stop technical services [1] - YTO Group is strengthening brand penetration through various channels such as overseas agricultural machinery exhibitions and field demonstration events, achieving significant results in countries like Ghana, Serbia, and Indonesia [1]

Core Viewpoint - YTO Group Corporation (一拖股份) is focusing on expanding its overseas business as a key strategic direction, aiming to build a world-class brand and accelerate its internationalization efforts [1] Group 1: Company Strategy - YTO Group is implementing differentiated sales policies and product combinations tailored to the market demands of different countries and regions [1] - The company is enhancing its international market service capabilities, having dispatched service teams to countries like Nigeria and Tajikistan since 2025 for maintenance and technical training [1] Group 2: Market Position and Growth Potential - Goldman Sachs believes YTO Group is well-positioned to capitalize on structural growth opportunities in the agricultural modernization transition in China, particularly in the large-scale and specification upgrades of tractors [1] - Huazhong Securities highlights the company's successful brand penetration through various channels, including overseas agricultural machinery exhibitions and field demonstrations, achieving significant results in countries like Ghana, Serbia, and Indonesia [1]

Core Viewpoint - YTO Group Corporation (一拖股份) is focusing on expanding its overseas business as a key strategic direction, aiming to build a world-class brand and accelerate its internationalization efforts [1] Group 1: Business Strategy - The company is implementing differentiated sales policies and product combinations tailored to the market demands of different countries and regions [1] - Goldman Sachs believes that YTO Group is well-positioned to capitalize on structural growth opportunities in the industry, particularly in the context of the modernization of agriculture in China, including the trend towards larger and upgraded tractors [1] Group 2: International Market Development - Huazhong Securities highlights that YTO Group is enhancing its international market service capabilities, having dispatched service teams to countries like Nigeria and Tajikistan since 2025 to provide maintenance, training, and technical solutions for its main sales models [1] - The company is strengthening brand penetration through various channels such as overseas agricultural machinery exhibitions and field demonstration events, achieving significant results in countries like Ghana, Serbia, and Indonesia due to its localized product adaptation and quality service system [1]

证券日报网讯 12月30日，一拖股份在互动平台回答投资者提问时表示，海外业务是公司的重点布局方 向，公司正以"打造世界级品牌"为目标，加速推进出海战略，针对不同国家和地区的市场需求特点，实 施差异化销售政策和产品组合，强化渠道建设，完善服务保障，加强与国机集团所属企业的业务协同， 增强在国际市场的竞争力和影响力。但同时，也需客观看待发展过程中面临的挑战与不确定性，地缘政 治格局、贸易政策变动、市场竞争态势、汇率波动等，均可能对海外业务产生不确定性影响。券商研报 系机构研究的独立判断，并不代表公司的业绩预测，敬请投资者保持足够的风险认识，审慎决策。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 12月30日，一拖股份在互动平台回答投资者提问时表示，公司目前并未创建或参与经营 名为"现代农业"的网站。 ...

Group 1 - The company is focusing on expanding its overseas market presence and is implementing several strategic initiatives [2] - Key initiatives include enhancing local operations, building a talent pool, and team development for overseas markets [2] - The company is adopting differentiated sales policies and product combinations tailored to the market demands of different countries and regions [2] Group 2 - The company aims to establish a long-term brand and channel system, with a focus on channel network and after-sales service [2] - Internal resource integration is being prioritized, with collaboration with subsidiaries of the China National Machinery Group to boost export business through overseas engineering projects [2]

Core Insights - Tencent Holdings (00700), Alibaba-W (09988), and Hong Kong Exchanges (00388) led the market in net inflows, with amounts of 1.115 billion, 1.055 billion, and 309 million respectively [1] - China Mobile (00941), Luoyang Molybdenum (03993), and CICC (03908) experienced the highest net outflows, with amounts of -1.053 billion, -184 million, and -181 million respectively [1] - In terms of net inflow ratios, China Telecom Services (00552), Yihua Tong (02402), and Sunshine Insurance (06963) topped the list with ratios of 167.31%, 126.18%, and 118.17% respectively [1] Net Inflow Rankings - Tencent Holdings (00700) had a net inflow of 1.115 billion, representing a 13.09% increase, closing at 614.500 [2] - Alibaba-W (09988) saw a net inflow of 1.055 billion, with a 12.23% increase, closing at 146.400 [2] - Hong Kong Exchanges (00388) recorded a net inflow of 309 million, with a 24.77% increase, closing at 407.000 [2] Net Outflow Rankings - China Mobile (00941) faced a net outflow of -1.053 billion, a decrease of -54.21%, closing at 83.700 [2] - Luoyang Molybdenum (03993) had a net outflow of -184 million, down by -29.82%, closing at 19.100 [2] - CICC (03908) experienced a net outflow of -181 million, a decrease of -30.22%, closing at 20.540 [2] Net Inflow Ratio Rankings - China Telecom Services (00552) achieved a net inflow ratio of 167.31%, with a net inflow of 26.5926 million, closing at 4.520 [3] - Yihua Tong (02402) had a net inflow ratio of 126.18%, with a net inflow of 26.5481 million, closing at 23.980 [3] - Sunshine Insurance (06963) recorded a net inflow ratio of 118.17%, with a net inflow of 31.5558 million, closing at 3.940 [3]

Group 1 - Significant inflow of funds into stocks such as Lion Group Holdings (02562), China Merchants Hengsheng Technology (03423), GX Hengsheng High Dividend (03110), Red Star Macalline (01528), and Haotian International Construction Investment (01341) with five-day holding ratio changes of 3.60%, 2.82%, 2.18%, 2.04%, and 1.74% respectively [1] - Notable outflow of funds from stocks including Yangtze Optical Fibre and Cable (06869), Chifeng Jilong Gold Mining (06693), First Tractor Company (00038), China Galaxy Securities (06881), and Hua Hong Semiconductor (01347) with five-day holding ratio changes of -9.25%, -3.01%, -1.52%, -0.99%, and -0.80% respectively [1] Group 2 - The net inflow amounts for the top five inflow stocks are as follows: Lion Group Holdings with 20.201 million, China Merchants Hengsheng Technology with 2.636 million, Red Star Macalline with 57.713 million, and Haotian International Construction Investment with -6.973 million [2] - The net outflow amounts for the top five outflow stocks are as follows: Yangtze Optical Fibre and Cable with -165.974 million, Chifeng Jilong Gold Mining with -158.936 million, China Galaxy Securities with -582.632 million, and Hua Hong Semiconductor with -1654.157 million [2]