Shanghai Fenghwa Group Co. Ltd. provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the company predicts a decrease of about RMB 75 million in the net profit belonging to shareholders of listed company in 2018 compared with the same period of the year before, with a year-on-year decrease of about 70%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by about RMB 1.5 million, with a year-on-year decrease of about 110%.