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Shougang Concord Century Approves Share Consolidation and Share Mandate

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Shougang Concord Century Approves Share Consolidation and Share Mandate

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The latest update is out from Shougang Concord Century Holding Ltd. ( (HK:0103) ).

Shougang Concord Century Holdings Ltd. announced the successful passing of all proposed resolutions during its Extraordinary General Meeting held on November 3, 2025. The key resolutions included a share consolidation, where every five issued and unissued ordinary shares will be consolidated into one, and a mandate for directors to manage additional shares up to 20% of the company’s issued shares. This move is expected to streamline the company’s share structure and potentially enhance its market positioning.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

More about Shougang Concord Century Holding Ltd.

Shougang Concord Century Holdings Ltd. operates within the manufacturing industry, focusing on the production of steel cords and other steel-related products. The company is primarily engaged in serving markets that require high-quality steel materials, essential for various industrial applications.

YTD Price Performance: 89.78%

Average Trading Volume: 3,866,687

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.09B

For a thorough assessment of 0103 stock, go to TipRanks’ Stock Analysis page.

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