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Maanshan Iron & Steel Co. Board Approves Key Financial Resolutions

Story Highlights
  • Maanshan Iron & Steel Co. operates in the steel industry, producing iron and steel products.
  • The board approved financial provisions and reports, impacting operational efficiency and stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maanshan Iron & Steel Co. Board Approves Key Financial Resolutions

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

Maanshan Iron & Steel Co. announced the resolutions from its board of directors meeting held on August 27, 2025. Key decisions include the approval of changes in provisions for inventory impairment, bad debts, and fixed asset impairment for the interim period of 2025, as well as the approval of the company’s unaudited interim financial report and risk assessment report for the first half of 2025. These resolutions reflect the company’s efforts to manage financial risks and maintain transparency in its financial reporting, potentially impacting its operational efficiency and stakeholder confidence.

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 Co., a joint stock limited company incorporated in the People’s Republic of China, operates in the steel industry. The company is primarily engaged in the production and sale of iron and steel products, catering to various market demands.

Average Trading Volume: 34,661,283

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.39B

See more insights into 0323 stock on TipRanks’ Stock Analysis page.

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