Maanshan Iron & Steel Co (HK:0323) has released an update.
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Maanshan Iron & Steel Co. has announced key resolutions from its recent board meeting, including the establishment of a new wholly-owned subsidiary and amendments to its investment management measures. The board also approved the disposal of scrap fixed assets for 2024, reflecting the company’s ongoing strategic and operational adjustments. All resolutions were unanimously supported by the board, highlighting a clear consensus on the company’s future direction.
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