BlueCity Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported revenues of RMB 207,473,410 compared to RMB 271,130,860 a year ago. Operating loss was RMB 10,423,828 compared to RMB 52,692,557 a year ago. Net loss was RMB 7,613,078 compared to RMB 52,081,223 a year ago.