Rongyu Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 155.321 million compared to CNY 422.405 million a year ago. Operating income was CNY 11.170 million compared to CNY 67.788 million a year ago. Net income was CNY 7.440 million compared to CNY 36.843 million a year ago. Basic earnings per share from continuing operations was CNY 0.0089 compared to CNY 0.04 a year ago.