Hangzhou Jiebai Group Co.,Limited. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,079.333 million compared to CNY 1,613.917 million a year ago. Operating income was CNY 35.591 million compared to CNY 159.023 million a year ago. Net loss was CNY 52,279.6 compared to net income of CNY 67.697 million a year ago.