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An update from Maanshan Iron & Steel Co ( (HK:0323) ) is now available.
Maanshan Iron & Steel Co. announced the resolutions from its board meeting held on October 30, 2025. Key decisions included the approval of the unaudited third quarterly financial report, amendments to the Articles of Association, and the change of accounting firm. Additionally, the board approved the cancellation of a RMB3 billion guarantee for its subsidiary, Ma Steel (Hong Kong) Company Limited, due to the subsidiary’s favorable financial condition. These resolutions reflect strategic adjustments aimed at optimizing the company’s governance and financial management.
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 Co., Ltd., incorporated in the People’s Republic of China, operates in the steel industry, focusing on the production and distribution of steel products. The company is listed on the Stock Exchange of Hong Kong and is known for its significant presence in the Chinese steel market.
Average Trading Volume: 25,403,367
Technical Sentiment Signal: Buy
Current Market Cap: HK$30.41B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.