Ningbo Cixing Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 473.16 million compared to CNY 468.16 million a year ago. Revenue was CNY 473.16 million compared to CNY 468.16 million a year ago. Net income was CNY 29.48 million compared to CNY 42.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.055 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.055 a year ago.