tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Maanshan Iron & Steel Postpones Board Re-Election and Abolishes Supervisory Committee

Story Highlights
  • Maanshan Iron & Steel postpones board re-election to ensure operational stability.
  • The company will abolish its Supervisory Committee, transferring duties to the Audit Committee.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maanshan Iron & Steel Postpones Board Re-Election and Abolishes Supervisory Committee

TipRanks Black Friday Sale

An announcement from Maanshan Iron & Steel Co ( (HK:0323) ) is now available.

Maanshan Iron & Steel Company Limited has announced the postponement of the re-election of its Board of Directors and the abolition of its Supervisory Committee. This decision is made to ensure continuity and stability in operations while the company transitions to having its Audit and Compliance Management Committee take over the Supervisory Committee’s duties. The postponement will not disrupt the company’s normal operations, and all current board and committee members will continue in their roles until the re-election process is completed.

The most recent analyst rating on (HK:0323) stock is a Buy with a HK$2.80 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 Company Limited 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 steel products. The company is listed on the Hong Kong Stock Exchange and is known for its significant presence in the Chinese steel market.

Average Trading Volume: 18,909,024

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.55B

For detailed information about 0323 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1