Zhejiang Zhaofeng Mechanical and Electronic Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 469.861 million compared to CNY 559.196 million a year ago. Operating income was CNY 185.400 million compared to CNY 250.011 million a year ago. Net income was CNY 159.849 million compared to CNY 214.204 million a year ago. Basic earnings per share from continuing operations was CNY 2.4 compared to CNY 3.21 a year ago.