Yantai Zhenghai Magnetic Material Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,953.940 million compared to CNY 1,798.558 million a year ago. Operating income was CNY 137.582 million compared to CNY 85.157 million a year ago. Net income was CNY 133.039 million compared to CNY 93.123 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.11 a year ago.