Li Xiaoyu, party chief and chairman of YTO, announced the official release of the 14th Five-Year Plan on July 22.

YTO 14th Five-Year Plan, which focuses on the country's strategic needs and implements the SINOMACH strategic requirements, is the result of concerted efforts of YTO and an action program for all employees to work together for the next five years.

During the 14th five-year Plan period, YTO will adhere to the strategic development ideas of "innovation drive, optimizing the structure, the deepening market, capturing high-end", strive to build "three platforms" and “a base”, and dedicated to provide users with high-value complete set solutions of agricultural equipment. YTO will take the company mission, vision and core values as the strategic starting point to become China's first, the world first-class agricultural machinery enterprises.