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MAANSHAN IRON (00323.HK) will release Earnings Reports on April 29.
$MAANSHAN IRON (00323.HK) will release its Earnings Reports on April 29, and investors should pay attention. How was the performance previously? In Q1 2024, revenue was 20.392 billion yuan, Net income was -0.346 billion yuan, and EPS was -0.04 yuan. Futubull reminder: 1. There are no strict regulations on the accounting year division for Hong Kong and US listed companies; it is entirely up to the enterprise, so each Earnings Reports period can serve as the cutoff date for the company's annual report, rather than following the natural year as the fiscal year. 2. Generally, the company will hold an Earnings Reports meeting on or around the date of the Earnings Reports release.
Hong Kong Stock Announcement Gold Mining | China United Network Communications (00762) released its Q1 2025 performance, with a profit attributable to shareholders of 5.93 billion yuan, an increase of 5.6% year-on-year.
GRANDPHARMA (00512): The global innovative radioactive nuclide-conjugated drug GPN02006 has achieved a milestone breakthrough in clinical research conducted in China.
Maanshan Iron & Steel Transfers 35% Stake in Subsidiary to Baoshan Iron & Steel for 5.1 Billion Yuan
China Galaxy Securities: Medium to long-term conflicts in Steel supply and demand are intensifying, accelerating the supply-side reform in the Steel Industry.
Short-term imported iron ore may run weakly, potentially leading to a reduction in raw material costs, which is Bullish for domestic Steel companies. In the medium to long term, mainstream mines may also adjust their supply strategy under the changing landscape, increasing uncertainty in iron ore prices.
Latest assessment from Citigroup on the Steel Industry: Under the "pressure test" of tariffs, why have these two steel companies become the "first choice"?
Citi released the latest assessment report on the Steel Industry.
Maanshan Iron & Steel (600808.SH): The subsidiary Maanshan Iron & Steel Co. plans to introduce investors Baoshan Iron & Steel.
On April 17, Gelonghui reported that Maanshan Iron & Steel (600808.SH) announced the signing of the "Equity Transfer Agreement for Maanshan Iron & Steel Co., Ltd." with Baoshan Iron & Steel and Maanshan Limited on April 17, 2025, in order to attract investors. The company intends to transfer its 35.42% stake in Maanshan Limited to Baoshan Iron & Steel, with a related consideration of 5.139 billion yuan. They also signed the "Shareholder Agreement for Maanshan Iron & Steel Co., Ltd.," whereby Baoshan Iron & Steel plans to increase its investment in Maanshan Limited with cash of 3.861 billion yuan while acquiring the relevant stake, of which 0.266 billion yuan will be included in the registered capital of Maanshan Limited.
Maanshan Iron & Steel (HKG:323 Shareholders Incur Further Losses as Stock Declines 5.8% This Week, Taking Five-year Losses to 59%
