Changchun Zhiyuan New Energy Equipment Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 216.09 million compared to CNY 45.92 million a year ago. Revenue was CNY 216.09 million compared to CNY 45.92 million a year ago.

Net loss was CNY 35.6 million compared to CNY 4.03 million a year ago. Basic loss per share from continuing operations was CNY 0.267 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.267 compared to CNY 0.03 a year ago.