Delong Holdings Limited provided earnings guidance for the fourth quarter and full year ended December 31, 2017. The company is expected to report a significant increase in net profit for fourth quarter and full year ended December 31, 2017. The significant increase in net profit is mainly due to a significant increase in average selling prices of products sold amid tighter supplies following production cuts and increased infrastructure and construction activities in the PRC, partially offset by a decrease in contributions arising from the Group's subsidiary, Laiyuan County Aoyu Steel Co. Ltd., which had ceased its steelmaking operations in August 2017.