Jinan High-tech Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 320.78 million compared to CNY 247.95 million a year ago. Revenue was CNY 320.78 million compared to CNY 249.19 million a year ago. Net loss was CNY 138.24 million compared to CNY 71.44 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.16 compared to CNY 0.08 a year ago.