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Angang Steel Establishes Nomination Committee to Strengthen Governance

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Angang Steel Establishes Nomination Committee to Strengthen Governance

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Angang Steel Co ( (HK:0347) ) just unveiled an update.

Angang Steel Company Limited has outlined the terms of reference for its Nomination Committee, which will consist of at least three members, primarily independent non-executive directors. The committee is tasked with reviewing the board’s structure and composition, identifying qualified board candidates, assessing director independence, and making recommendations on director appointments and succession planning. This initiative aims to align the board’s capabilities with the company’s corporate strategy, enhancing governance and strategic oversight.

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

Average Trading Volume: 24,220,105

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.87B

For a thorough assessment of 0347 stock, go to TipRanks’ Stock Analysis page.

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