Hengbao Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,049.571 million compared to CNY 1,535.467 million a year ago. Operating loss was CNY 36.573 million compared to operating Income of CNY 90.970 million a year ago. Net loss was CNY 1.092 million compared to net income of CNY 86.769 million a year ago.