Baota Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 20,490.88 compared to CNY 31,123.39 a year ago. Operating loss was CNY 950.07 compared to CNY 30,458.41 a year ago. Net income was CNY 1,080.36 compared to net loss of CNY 31,521.54 a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.41 a year ago.