Shandong Iron and Steel's Chairman Resigns

MT Newswires Live04-03

Shandong Iron and Steel's (SHA:600022) chairman, Mao Zhanhong, resigned due to work adjustments, according to a Shanghai bourse filing on Friday.

The board of directors proposed to elect Guo Xiaolong as the new chairman.

The Chinese steel company's shares dropped less than 3% during the morning trade.

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