Baota Industry Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 311.233 million compared to CNY 432.317 million a year ago. Operating loss was CNY 304.584 million compared to CNY 96.937 million a year ago. Net loss was CNY 315.215 million compared to CNY 98.194 million a year ago. Basic loss per share from continuing operations was CNY 0.41 compared to CNY 0.13 a year ago.