Debao Property Development Limited announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was CNY 89.407 million compared to CNY 16.791 million a year ago. Net loss was CNY 3.036 million compared to CNY 71.635 million a year ago. For the full year, sales was CNY 349.587 million compared to CNY 98.081 million a year ago. Net loss was CNY 84.734 million compared to CNY 216.039 million a year ago.