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Maanshan Iron & Steel Co ( (HK:0323) ) has shared an announcement.
Maanshan Iron & Steel Co. announced several resolutions from its board of directors meeting held on June 20, 2025. Key decisions include the approval of a share repurchase and cancellation, a planned donation of RMB2.0 million for 2025, and a supplemental agreement with China Baowu Steel Group for 2025-2027. These resolutions, particularly the connected transaction with China Baowu, indicate strategic moves to strengthen partnerships and enhance corporate responsibility, potentially impacting stakeholders positively.
The most recent analyst rating on (HK:0323) stock is a Hold with a HK$1.60 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 Co., incorporated in the People’s Republic of China, operates in the steel industry. The company primarily focuses on the production and sale of iron and steel products, serving both domestic and international markets.
Average Trading Volume: 13,785,353
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.3B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.