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An announcement from Angang Steel Co ( (HK:0347) ) is now available.
Angang Steel Co has outlined the terms of reference for its Audit and Risk Committee, emphasizing the importance of independent oversight in its corporate governance. The committee, composed mainly of independent non-executive directors, is tasked with overseeing the appointment and performance of external auditors, ensuring audit processes are effective, and maintaining auditor independence. This move is likely to enhance transparency and accountability within the company, potentially boosting stakeholder confidence.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 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 company operating in the steel industry, focusing on the production and distribution of steel products. The company is involved in various aspects of steel manufacturing and aims to maintain a strong market position in the steel sector.
Average Trading Volume: 24,220,105
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.87B
Learn more about 0347 stock on TipRanks’ Stock Analysis page.