Delong Holdings Limited provided earnings guidance for the third quarter ended 30 September 2017. The company announced that following a preliminary review of the unaudited results for the three months period ended 30 September 2017, the Company is expected to report a significant increase in net profit for third quarter of 2017, compared to the corresponding period. The significant increase in net profit is mainly due to a significant increase in average selling prices of products sold amid tighter supplies following production cuts and increased infrastructure and construction activities in the PRC, partially offset by a decrease in contributions arising from the Group's subsidiary, Laiyuan County Aoyu Steel Co. Ltd., which had ceased its steelmaking operations in August 2017.