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Maanshan Iron & Steel Co. Approves Key Capital Injection at 2025 EGM

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Maanshan Iron & Steel Co. Approves Key Capital Injection at 2025 EGM

Maanshan Iron & Steel Co ( (HK:0323) ) has issued an update.

At the 2025 first extraordinary general meeting of Maanshan Iron & Steel Co., all resolutions were approved, including a significant capital injection into a wholly-owned subsidiary. This decision reflects the company’s strategic focus on strengthening its operational capabilities and enhancing its market position, potentially benefiting shareholders and stakeholders through increased efficiency and competitiveness.

More about Maanshan Iron & Steel Co

Maanshan Iron & Steel Co., a joint stock limited company incorporated in the People’s Republic of China, operates in the steel industry. The company is primarily involved in the production and sale of iron and steel products, serving both domestic and international markets.

YTD Price Performance: 11.70%

Average Trading Volume: 5,604

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3B

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