Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd. provided preliminary earnings guidance for the full year of 2018. For the year, the company predicts that the net profit belonging to shareholders of the listed company in 2018 will be about RMB 1.08 billion, with an increase of about RMB 659 million compared with the same period of the year before and with a year-on-year increase of about 156.43%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 0.96 billion, with an increase of about RMB 0.43 billion compared with the same period of the year before and with a year-on-year increase of about 81.42%.