Shandong Iron and Steel Company Ltd. provided earnings guidance for 2019. The company predicts a decrease of RMB 1,550,000,000 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 73.42%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by about RMB 2,200,000,000 compared with the same period of the year before, with a year-on-year decrease of about 79.83%.