Over the years, in adherence to the business development strategy of focus on principal business and moderate diversification, the Company is committed to providing agricultural equipment with advanced technology and reliable quality for mechanization of the PRC agricultural industry. The Company's principal businesses include research and development, manufacturing and sales of agricultural machinery, power machinery and their spare parts. YTO Finance, a controlled subsidiary of the Company, has mainly engaged in the business of fund settlement, fund raising and financing and other financial services among the member companies of the Group, as well as the provision of financial service support for the product sales of the Company.