It's reported that Xinxing Jihua Group, Chinese state-owned ferrous metal smelting company announced that its total operating revenue in the first quarter of current year reached RMB47.97 billion, surging by 42.75% in comparison of that in the same period of a year earlier.
In the given period of time, the company realized gross profits of RMB1.014 billion, rising by 13.06% year on year