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The latest announcement is out from Maanshan Iron & Steel Co ( (HK:0323) ).
Maanshan Iron & Steel Company Limited has approved a comprehensive overhaul of its corporate governance framework, aligning its internal rules and committee charters with the latest Company Law of the People’s Republic of China, stock exchange listing rules, and regulatory guidelines. The board resolved to revise and, in several cases, consolidate the working rules of key board committees, management authorization procedures, insider registration, related-party transaction management, information disclosure systems, investor relations management, and shareholding rules for directors and senior management. These changes are aimed at strengthening governance structures, improving regulatory compliance, and enhancing transparency and oversight, which may have implications for board operations, risk control and stakeholder confidence in the company’s management and disclosure practices.
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 PRC-based integrated steel producer, principally engaged in the manufacturing and sale of steel products. Listed in Hong Kong and Shanghai, the company operates within the iron and steel industry, supplying a range of steel materials to domestic and international markets.
Average Trading Volume: 15,111,447
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$30.26B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.