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Maanshan Iron & Steel Co. Approves Baoshan Iron & Steel’s Participation in Shares

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Maanshan Iron & Steel Co ( (HK:0323) ) has provided an announcement.

Maanshan Iron & Steel Co., Ltd. announced that its board of directors has approved a resolution to introduce Baoshan Iron & Steel Co., Ltd. as a participant in its shares. This decision, which was approved by a special meeting of independent directors, will be submitted to the company’s general meeting for consideration and approval by non-connected shareholders. The move could potentially impact the company’s operations and market positioning by involving a significant player in the industry.

More about Maanshan Iron & Steel Co

Maanshan Iron & Steel Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the iron and steel industry. It focuses on producing and distributing steel products, catering to various market needs.

YTD Price Performance: 13.16%

Average Trading Volume: 7,625

Technical Sentiment Signal: Sell

Current Market Cap: $2.89B

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