Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. provides earnings guidance for the year 2017. For the year, the company expected net profit owned by shareholders of the listed company in 2017 will be about RMB 390 million, with an increase of about RMB 308 million and a decrease of about 373% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 514 million, with an increase of about RMB 513 million and an increase of about 42,881% compared with the same period of the year before.