Hangzhou Advance Gearbox Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 546.506 million compared to CNY 363.346 million a year ago. Operating income was CNY 60.358 million compared to CNY 9.250 million a year ago. Net income was CNY 51.458 million compared to CNY 3.944 million a year ago. Basic earnings per share from continuing operations was CNY 0.1286 compared to CNY 0.0099 a year ago.