According to the Zhituo Finance APP, First Tractor (601038.SH) announced that its controlling subsidiary, First Tractor (Luoyang) Diesel Engine Co., Ltd. (referred to as: First Tractor Diesel Engine Company), is publicly offering to transfer its 0.88% equity stake in ZYBANK (referred to as: ZYBANK) at the Peking Property Exchange (referred to as: symbol equity; the above transaction is referred to as this transaction or this major asset sale), which constitutes a significant asset sale as defined in the "Measures for the Administration of Major Asset Restructuring of Listed Companies." As of December 27, 2024, the disclosure period for the public offering transfer has expired, and no qualified potential transferees have been solicited. The company's ninth Board of Directors' thirtieth meeting and the ninth Supervisory Board's fifteenth meeting have reviewed and agreed to terminate this major asset sale.