Henan Province-based Chinese steelmaker Anyang Iron and Steel Group has realized sales revenues of RMB 40.0 billion ($6.35 billion) in 2017, up by RMB 2.8 billion ($0.44 billion) year on year, and achieved a gross profit of RMB 2.06 billion ($0.33 billion) in the given year, RMB 837 million ($132.9 million) higher compared to the company's previous record annual gross profit figure, as announced by State-owned Assets Supervision and Administration Commission of Henan Province.