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The latest announcement is out from Maanshan Iron & Steel Co ( (HK:0323) ).
Maanshan Iron & Steel Co., Ltd held its 29th supervisory committee meeting to approve several resolutions, including the repurchase and cancellation of certain restricted shares, a 2025 donation budget for poverty alleviation, and a supplemental agreement with China Baowu Steel Group Corporation Limited for product sales and purchases from 2025 to 2027. These resolutions align with the company’s strategic goals and operational needs, ensuring compliance with legal and regulatory standards while maintaining shareholder interests.
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., Ltd, 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.
Average Trading Volume: 13,785,353
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.3B
See more data about 0323 stock on TipRanks’ Stock Analysis page.