Changes in Hong Kong stocks | Yituo Shares (00038) rose nearly 3%, the company accelerated its overseas strategy, and there is plenty of momentum for overseas business growth

The Zhitong Finance App learned that Yituo Shares (00038) rose nearly 3%. As of press release, it had risen 2.2% to HK$8.36, with a turnover of HK$17.9643 million.

According to the news, recently, Yituo Co., Ltd. stated on the investor interactive platform that overseas business is the company's key layout direction. The company is accelerating its overseas strategy with the goal of “building a world-class brand” and implementing differentiated sales policies and product portfolios in response to the market needs and characteristics of different countries and regions. Goldman Sachs believes that Yituo Co., Ltd. is in an advantageous position in China's agricultural modernization and transformation. It can seize the structural growth opportunities of the industry in large-scale tractors and specification upgrades, and also has long-term export potential.

Huaan Securities pointed out that Yituo Co., Ltd. has simultaneously strengthened its service guarantee capabilities in the international market. Since 2025, it has dispatched service teams to Nigeria, Tajikistan and other countries to carry out technical training on maintenance and solutions for major models, providing a full range of one-stop technical services, which has been highly recognized by overseas dealers. In terms of market expansion, the company has strengthened brand penetration through multiple channels such as overseas agricultural machinery exhibitions and field demonstrations. With product localization and adaptation capabilities and a high-quality service system, it has achieved remarkable results in places such as Ghana, Serbia, and Indonesia.