Shandong Swan Cotton Industrial Machinery Stock Co. Ltd. provided earnings guidance for 2017. According to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the company in 2017 will decrease by between RMB 16.5 million and RMB 18.5 million, with a decrease of between 59% and 66% 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 decrease by between RMB 17.5 million and RMB 19.5 million, with a decrease of between 89% and 99% compared with the same period of the year before.