Maanshan Iron & Steel Board Backs 2025 Results, Impairment Adjustments and Dividend Plan

The latest announcement is out from Maanshan Iron & Steel Co ( (HK:0323) ).

Maanshan Iron & Steel’s board held its 50th meeting of the tenth session on 25 March 2026, with all six directors present and all procedural requirements met, to review the company’s 2025 performance and key financial items. Directors unanimously approved the 2025 board work report and the audited annual financial statements, underscoring governance continuity and sign-off on last year’s operations.

The board also endorsed substantial adjustments to asset impairment provisions, including a RMB301.09 million write-off and RMB439.74 million new provision for inventories, a RMB4.64 million bad-debt provision, and a RMB147.40 million fixed-asset impairment alongside a RMB1.49 million reversal of prior provisions. In addition, a 2025 profit distribution plan was approved following review by the audit committee, indicating the company’s intention to return value to shareholders while absorbing asset quality adjustments in its 2025 results.

The most recent analyst rating on (HK:0323) stock is a Hold with a HK$2.50 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, operating as a joint stock limited company in the People’s Republic of China and listed in Hong Kong under stock code 00323. The group manufactures and sells steel products and related materials, serving industrial and construction markets domestically and overseas, with a focus on managing asset quality and financial prudence in a cyclical sector.

Average Trading Volume: 15,055,553

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$29.62B

For detailed information about 0323 stock, go to TipRanks’ Stock Analysis page.