 QINGDAO, China, April 26, 2021 PRNewswire -- TDH Holdings, Inc. NASDAQ: PETZ TDH or the Company, a PRC-based company that specializes in the development, manufacturing and sales of pet food products in China and beyond, announced today its financial results for the twelve months ended December 31, 2020. Full Year 2020 Financial Highlights: For the Twelve Months Ended December 31, millions, except per share data 2020 2019 Change Revenues 0.82 12.65 -93.55 Gross loss 0.04 1.52 97.25 Gross loss margin -5.13 -12.04 6.91 pp Loss from operations 1.93 6.96 72.32 Operating loss margin -236.25 -55.02 -181.23 pp Net loss attributable to common stockholders 0.87 8.63 89.86 Loss per share - basic and diluted 0.02 0.41 95.35 pp: percentage points Revenues decreased by 93.55 from 12.65 million in fiscal year 2019 to 0.82 million in fiscal year 2020, with decrease in sales from overseas markets, domestic market and E-commerce platform. 