Maanshan Iron & Steel Co (HK:0323) has released an update.
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Maanshan Iron & Steel Co. has approved two key resolutions during a recent supervisory committee meeting. The company will proceed with the disposal of scrap fixed assets and make a capital contribution to establish a new entity, aligning with its operational and development goals. Both resolutions were unanimously supported by the committee members, ensuring compliance with legal and shareholder interests.
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