Maanshan Iron & Steel Revamps Governance Framework to Meet New Regulatory Standards

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2025.12.24 14:40
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Maanshan Iron & Steel Co has approved a comprehensive overhaul of its corporate governance framework to align with new regulatory standards. This includes revising board committee rules, management procedures, and information disclosure systems to enhance transparency and compliance. The changes aim to strengthen governance, improve risk control, and boost stakeholder confidence. The company's stock is rated as a 'Buy' with a target price of HK$2.80. Maanshan Iron & Steel is a major steel producer listed in Hong Kong and Shanghai.