First Tractor (00038.HK) announced on November 15th that the existing financial services agreement will expire on December 31, 2024. In order to ensure the safety and stable returns of the group's assets, and in line with the past business development of both parties, the company entered into a financial services agreement on November 15, 2024, with a duration of three years, from January 1, 2025, to December 31, 2027 (including the first and last days).

Contracting parties: the company (representing the group) and CDB Financial. CDB Financial will provide non-exclusive financial services to the group, including: (a) deposit services, including but not limited to domestic and foreign currency demand deposits, time deposits, notice deposits, and fixed deposits; (b) credit services, including but not limited to working capital loans, fixed asset loans, buyer's credits, bill acceptance and discounting, and non-financing guarantees; and (c) providing other financial services, including but not limited to domestic and foreign currency settlement and management services, entrusted loans, financial and financing consulting, credit guarantees and related consultations, agency services, and other businesses approved by the China Banking Regulatory Commission.