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Angang Steel Co ( (HK:0347) ) has issued an update.
Angang Steel Co has announced proposed amendments to its Articles of Association to enhance corporate governance and align with the latest laws and regulations. The company plans to abolish its Supervisory Committee, with its duties being transferred to the Audit and Risk Committee, aiming to improve governance efficiency.
The most recent analyst rating on (HK:0347) stock is a Buy with a HK$2.40 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
More about Angang Steel Co
Angang Steel Co is a joint-stock limited company established under the Company Law of the People’s Republic of China. The company is promoted by Anshan Iron & Steel Group Co. Ltd and is located in Anshan City, Liaoning Province, China. It operates in the steel industry, focusing on iron and steel production.
YTD Price Performance: 10.88%
Average Trading Volume: 8,140,479
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.38B
Learn more about 0347 stock on TipRanks’ Stock Analysis page.