First Tractor : ANNOUNCEMENT TO NOTIFY CREDITORS OF THE OBTAINING OF THE GENERAL MANDATE TO REPURCHASE H SHARES BY THE BOARD (in PDF)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(a joint stock company incorporated in The People's Republic of China with limited liability)

First Tractor Company Limited* (the "Company") and all members of the board (the "Board") of directors (the "Directors") of the Company hereby warrant that there are no false information, misleading statements or material omissions in this announcement, and accept several and joint responsibilities for the truthfulness, accuracy and completeness of its contents.

The Company convened the 2016 annual general meeting, the first class meeting for holders of A shares in 2017 and the first class meeting for holders of H shares in 2017 on 13 June 2017, granting a general mandate to the Board to decide to repurchase, at the appropriate time, H shares not exceeding 10% of the total number of H shares of the Company in issue and having not been repurchased as at the date of passing the relevant resolution(s), within the relevant authorization period, depending on market conditions and funding arrangements and subject to and in accordance with all applicable laws, rules and regulations and/or requirements of the governmental or regulatory body of securities in The People's Republic of China (the "PRC"), The Stock Exchange of Hong Kong Limited or of any other governmental or regulatory body and the articles of association of the Company. If the above general mandate is exercised by the Board, according to the relevant provisions, the Company will cancel the H shares repurchased and the Company's registered capital will be reduced accordingly. In accordance with the relevant provisions of the Company Law of the PRC and the articles of association of the Company, the Company announces as follows:

Any creditors of the Company are entitled to declare their rights of debts to the Company since the date of this announcement. Within 30 days from the date of receiving the written notification of the Company, or in case of not receiving the notification, within 45 days from the date of this announcement, the creditors, with valid proofs of rights of debts, certificates and identity documents, are entitled to request the Company to repay the outstanding debts or provide appropriate guarantees. Rights of debts that are not declared to the Company within the specified period in accordance with the above ways will be deemed to have given up the right to declare without affecting the effectiveness of such rights of debts. The relevant debts will still be repaid by the Company in the originally agreed time and ways.

Ways to declare rights of debts: Creditors of the Company, who intend to claim the above rights, can bring along both original and copy of the contracts or agreements proving the existence of credit and debt relationship, and other proofs to the Company to declare their rights of debts. For a legal entity creditor, it has to bring along both the original and copy of the business license and the identity document of the legal representative; in case of authorizing other persons to make a declaration, in addition to the above documents, he/she has to bring along the original power of attorney by the legal representative and the original and copy of the valid identity document of the authorized person. For a natural person creditor, he/she has to bring along both the original and copy of the valid identity document; in case of authorizing other persons to make a declaration, in addition to the above documents, he/she has to bring along the original power of attorney and the original and copy of the valid identity document of the authorized person.

1. If by mail (postmark date shall be the declaring date), please send the information of rights of debts to the following address:

   Address: First Tractor Company Limited

   No. 154 Jianshe Road, Luoyang, Henan Province, the People's Republic of China

   Postal code: 471004

   Attention: Peng Qiang, Office of the Board

   Note: Please mark "Declaration of Rights of Debts" on the envelope.

2. If by facsimile, please send the information of rights of debts to the following facsimile number:

Facsimile no: (86) 0379-64967438

Note: Please mark "Declaration of Rights of Debts" on the cover page.

Telephone no: (86) 0379-64970545

By Order of the Board

Company Secretary

Luoyang, the PRC 13 June 2017

As at the date of this announcement, the Board comprises Mr. Zhao Yanshui (Chairman), Mr. Wang Erlong (vice Chairman) and Mr. Wu Yong as executive Directors; Mr. Li Hepeng, Mr. Xie Donggang, Mr. Li Kai and Mr. Yin Dongfang as non-executive Directors; and Ms. Yang Minli, Mr. Xing Min, Mr. Wu Tak Lung and Mr. Yu Zengbiao as independent non-executive Directors.

* For identification purposes only