Cloopen Group Holding Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported revenues of RMB 258,691,000 compared to RMB 223,996,000 a year ago. Operating loss was RMB 79,700,000 compared to RMB 47,389,000 a year ago. Net loss was RMB 305,417,000 or RMB 37.65 per basic share compared to RMB 53,876,000 or RMB 1.14 per basic share a year ago. For the year, the company reported revenues of RMB 767,688,000 compared to RMB 650,282,000 a year ago. Operating loss was RMB 283,293,000 compared to RMB 175,836,000 a year ago. Net loss was RMB 509,134,000 or RMB 45.23 per basic share compared to RMB 183,494,000 or RMB 3.62 per basic share a year ago.