Chongqing Iron & Steel Company Limited provided earnings guidance for the year 2017. Based on the preliminary estimate by the finance department, the Company will show a turn from losses into profits for the year of 2017 with regard to the net profit attributable to the shareholders of the Company, and it is expected that the net profit attributable to the shareholders of the Company would amount to approximately RMB 330 million and the net assets at the end of 2017 would be positive.