The Company mainly engages in the research and development, manufacturing and sale of products including agricultural machinery and powered machinery. YTO Finance, the controlled subsidiary of the Company, establishes financial services business including fund settlement and financing.
Agricultural Machinery Business: includes research and development, manufacturing and sale of full series of wheeled and crawler tractors and key components including castings, forged parts, gears, gear boxes and cover. Tractor products of the Company are mainly used for agricultural production.
Power Machinery Business: Products include off-road diesel engines with displacement from 2L to 12L and power from 10KW to 280KW and their parts including fuel injector and fuel pump. Products are mainly agricultural machinery including tractor and harvesting machinery, and covers construction machinery, low-speed vehicle, vessel machinery, power generation machinery, etc.
Finance Business: YTO Finance, a controlled subsidiary of the Company, provides services for members of the Group including fund settlement, deposit and loan, bills business, financial lease and buyer credit within the scope approved by CBRC.
updated as per Annual Report 2016
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