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Maanshan Iron & Steel Co ( (HK:0323) ) has provided an update.
Maanshan Iron & Steel Co held its 34th board meeting of the tenth session at the Magang Office Building, where resolutions were passed regarding the capital injection into a wholly-owned subsidiary and the agenda for the 2025 first extraordinary general meeting. Both resolutions received unanimous approval from the board members, indicating a strategic move to enhance subsidiary operations and prepare for upcoming shareholder engagements.
More about Maanshan Iron & Steel Co
Maanshan Iron & Steel Co is a joint stock limited company incorporated in the People’s Republic of China. It operates in the iron and steel industry, focusing on the production and distribution of iron and steel products. The company is listed on the Hong Kong Stock Exchange and aims to maintain a strong market presence in the steel sector.
YTD Price Performance: 25.00%
Average Trading Volume: 5,483
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.11B
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