Ningbo Xianfeng New Material Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 79.616 million compared to CNY 49.899 million a year ago. Operating loss was CNY 1.244 million compared to CNY 2.372 million a year ago. Net income was CNY 1.318 million compared to net loss of CNY 600,905.3 a year ago. Basic earnings per share from continuing operations was CNY 0.0028 compared to basic loss per share from continuing operations of CNY 0.0013 a year ago.