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Angang Steel Co Strengthens Governance with New Remuneration Committee Guidelines

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Angang Steel Co Strengthens Governance with New Remuneration Committee Guidelines

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Angang Steel Co ( (HK:0347) ) has provided an announcement.

Angang Steel Co has outlined the terms of reference for its Remuneration and Appraisal Committee, emphasizing a structured approach to director and senior management compensation. The committee, primarily composed of independent non-executive directors, is tasked with recommending remuneration policies, reviewing management proposals, and ensuring fair compensation practices. This move aims to enhance corporate governance and align compensation with company goals, potentially impacting stakeholder confidence positively.

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. It is known for its commitment to maintaining a strong governance structure and ensuring transparency in its operations.

Average Trading Volume: 24,220,105

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.87B

For detailed information about 0347 stock, go to TipRanks’ Stock Analysis page.

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