An announcement from Maanshan Iron & Steel Co ( (HK:0323) ) is now available.
Maanshan Iron & Steel Co. held its 25th supervisory committee meeting to approve several resolutions, including changes in provisions for inventory price decreases, bad debts, and asset impairments, as well as the final profit distribution plan for 2024. The committee also reviewed the 2024 work report and remuneration for directors and senior management, all of which were approved unanimously. These decisions reflect compliance with legal and regulatory standards and aim to safeguard the company’s and shareholders’ interests, promoting standardized operations.
More about Maanshan Iron & Steel Co
Maanshan Iron & Steel Co., a joint stock limited company incorporated in China, operates within the iron and steel industry. The company focuses on the production and distribution of steel products, serving various sectors that require steel materials.
YTD Price Performance: 13.16%
Average Trading Volume: 9,300
Technical Sentiment Signal: Sell
Current Market Cap: $3.13B
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