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An update from Maanshan Iron & Steel Co ( (HK:0323) ) is now available.
Maanshan Iron & Steel Company Limited has elected Mr. Tang Qiming as an employee director to the tenth session of its board, with a term running from 18 December 2025 until the end of that board session. The appointment, made through the company’s staff representatives meeting in accordance with PRC company law, keeps the proportion of internal directors below half of the total board, ensuring continued compliance with legal and corporate governance standards. Mr. Tang, a 58-year-old senior engineer and MBA holder who has been with the company since 1989, currently holds several key party, discipline inspection and trade union roles within Maanshan Iron & Steel, its parent Magang Group and related entities. His remuneration will be set under existing performance and pay management rules, subject to shareholder approval and disclosure in the annual report, and the company will formalize his role through a service contract outlining his term and compensation, underscoring a structured approach to board appointments and transparency for stakeholders.
The most recent analyst rating on (HK:0323) stock is a Buy with a HK$2.80 price target. To see the full list of analyst forecasts on Maanshan Iron & Steel Co stock, see the HK:0323 Stock Forecast page.
More about Maanshan Iron & Steel Co
Maanshan Iron & Steel Company Limited is a major Chinese steel producer based in Maanshan, Anhui Province, engaged in the manufacture and sale of iron and steel products. The company operates under the broader China Baowu Steel Group ecosystem and is listed in Hong Kong, with a governance structure that includes executive, employee and independent non-executive directors to meet regulatory and corporate governance requirements.
Average Trading Volume: 15,111,447
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$30.26B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.