Zhang Zhixiang, president of Beijing-based Jianlong Group, has stated that in 2017 the company produced 20.26 million mt of crude steel and 4.3219 million mt of iron ores fines, while achieving an operating revenue of RMB 84.293 billion ($13.8 billion) and a net profit of RMB 3.983 billion ($0.63 billion) in the given year.
As for 2018, Jianlong Group is targeting a net profit of RMB 6.918 billion, while it is plans to produce 26.00 million mt of crude steel and 4.62 million mt of iron ores fines, according to Mr. Zhang.