Angang Steel Sets Out Board Composition and Committee Roles

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

Angang Steel Company Limited has announced the current composition of its board of directors and outlined the allocation of roles across four key board committees. The updated structure details the executive, non-executive, independent non-executive, and employee directors, and clarifies who chairs and serves on the Remuneration and Appraisal, Nomination, Audit and Risk, and Strategic Committees.

The disclosure confirms Wang Jun as chairman of the board and head of the Strategic Committee, while other directors assume chair and member roles that distribute oversight of remuneration, nominations, audit and risk control, and long-term strategy. This clarified governance framework signals the company’s focus on structured oversight and accountability, potentially affecting how strategic decisions, risk management, and performance evaluations are managed for shareholders and other stakeholders.

The most recent analyst rating on (HK:0347) stock is a Sell with a HK$2.00 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 is a Chinese steelmaker engaged in the production and sale of steel products for construction, manufacturing, and related industrial sectors. Listed under stock code 0347, the company operates within the broader metals and mining industry and is overseen by a board comprising executive, non-executive, independent, and employee directors.

YTD Price Performance: 0.53%

Average Trading Volume: 12,892,724

Technical Sentiment Signal: Sell

Current Market Cap: HK$26.71B

For an in-depth examination of 0347 stock, go to TipRanks’ Overview page.