FIRST TRACTOR(SH:601038) Chan Ye Xin Xi Wang·2025-11-30 02:03Core Viewpoint - The report by Zhiyan Consulting highlights a decline in the production of large tractors in China, indicating a potential downturn in the industry [1] Group 1: Industry Overview - In September 2025, the production of large tractors in China was recorded at 10,000 units, reflecting a year-on-year decrease of 2.1% [1] - From January to September 2025, the cumulative production of large tractors reached 90,000 units, which represents a cumulative decline of 1.8% compared to the previous year [1] Group 2: Market Analysis - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, emphasizing the importance of reliable data in industry analysis [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services [1]