Baota Industry Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 174.77 million compared to CNY 204.91 million a year ago. Net loss was CNY 177.3 million compared to net income of CNY 10.8 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.