Ningbo Zhongbai Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 225.057 million compared to CNY 98.722 million a year ago. Operating income was CNY 10.819 million compared to CNY 2.513 million a year ago. Net income was CNY 7.734 million compared to net loss of CNY 7.465 million a year ago. Basic earnings per share from continuing operations was CNY 0.034 compared to basic loss per share from continuing operations of CNY 0.033 a year ago.