Shanghai Fenghwa Group Co. Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the company predicts a year-on-year increase of between RMB 95 million and RMB 98 million in its net profit owned by shareholders of the company in 2017, a year-on-year increase of between 1,025.92% and 1,058.32%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will decrease by between RMB 5 million and RMB 6 million, a year-on-year decrease of between 121.65% and 145.99%.