Does Baode in Anshan, Liaoning lose money?

Liaoning Anshan Bao lost money. Anshan Baode Iron and Steel Co., Ltd. is a Ningyuan Commune Agricultural Machinery Factory established in 1969, located in qianshan district, Anshan City, Liaoning Province. The entrepreneurial history of Baode Company is a microcosm of the development history of private economy in China. Over the years, I have often made a living by nailing horseshoes and hoeing the ground, and I have lost tens of thousands of yuan every year.