Lingyuan Iron & Steel Co., Ltd. provided earnings guidance for the first quarter of 2018. For the quarter, the company predicts an increase of RMB 88 million in the net profit belonging to shareholders of listed company from January to March 2018, with an increase of about 53% 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 increase by RMB 109 million, with an increase of about 74% compared with the same period of the year before.