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An update from Angang Steel Co ( (HK:0347) ) is now available.
Angang Steel Company Limited has announced the proposed appointment of members for the tenth session of its Board of Directors. The nominations include Mr. Wang Jun, Mr. Zhang Hongjun, and Mr. Li Jingdong as executive directors, Mr. Tan Yuhai as a non-executive director, and Mr. Wang Wanglin, Mr. Zhu Keshi, Ms. Hu Caimei, and Mr. Liu Chaojian as independent non-executive directors. These appointments are subject to shareholder approval at the upcoming extraordinary general meeting in 2025. This move is expected to influence the company’s governance and strategic direction, potentially impacting its market position and stakeholder interests.
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 Company Limited operates in the steel industry, focusing on the production and distribution of steel products. It is a subsidiary of Anshan Iron & Steel Group Co. Ltd, and it plays a significant role in the steel market, particularly in China.
YTD Price Performance: 10.88%
Average Trading Volume: 8,140,479
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.38B
For an in-depth examination of 0347 stock, go to TipRanks’ Overview page.