Hangzhou Iron & Steel Co. Ltd. provided earnings guidance for the first half of 2018. For the period, the company predicts that the net profit belonging to shareholders of the listed company will be about RMB 1,155 million, which is expected to increase by about RMB 799 million with an increase of about 224.44% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss of 2018 will be about RMB 1,083 million, which is expected to increase by about RMB 766 million with an increase of about 241.64% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).