Lingyuan Iron & Steel Co., Ltd. provided earnings guidance for the year 2019. The company predicts a decrease of RMB 751,000,000 in its net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with a year-on-year decrease of about 63%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by RMB 702,000,000 compared with the same period of the year before, with a year-on-year decrease of about 58%.