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Angang Steel Co ( (HK:0347) ) has provided an update.
Angang Steel Company Limited announced the resignation of Mr. Zhang Hongjun as Executive Director and General Manager, and Mr. Deng Qiang as Deputy General Manager, effective August 25, 2025, due to changes in work arrangements. Both individuals confirmed no disagreements with the board, and their departures are not expected to impact the company’s operations or board activities.
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 Company Limited is a prominent player in the steel industry, focusing on the production and distribution of steel products. The company operates primarily in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 51.02%
Average Trading Volume: 24,086,082
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.45B
For a thorough assessment of 0347 stock, go to TipRanks’ Stock Analysis page.