Nanjing Iron & Steel Co., Ltd. provided earnings guidance for the year 2017. For the year, the company predicts that the net profit belonging to shareholders of the company will increase by about RMB 2,846 million with an increase of about 800% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will increase by about RMB 2,937 million with an increase of about 1,980% compared with the same period of the year before.