Xinyu Iron & Steel Co. Ltd. provided earnings guidance for the year 2017. For the period the company predicts that the net profit belonging to shareholders of listed company in 2017 will be between RMB 3 billion and RMB 3.5 billion, with an increase of between 497.60% to 597.21% compared with that in the same period of the year before in its business performance. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about between RMB 2.9 billion and RMB 3.4 billion.