Shanghai YongLi Belting Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the quarter, the company announced sales was CNY 821.028 million compared to CNY 510.828 million a year ago. Operating income was CNY 79.805 million compared to CNY 7.051 million a year ago. Net income was CNY 56.351 million compared to net loss of CNY 2.252 million a year ago. Basic earnings per share from continuing operations was CNY 0.069 compared to basic loss per share from continuing operations of CNY 0.0028 a year ago.