Ningxia Baofeng Energy Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4,979.264 million compared to CNY 3,609.723 million a year ago. Operating income was CNY 2,085.391 million compared to CNY 940.204 million a year ago. Net income was CNY 1,727.879 million compared to CNY 821.805 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.11 a year ago.