Shenzhen Zhenye (Group) Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 252.71 million compared to CNY 265.64 million a year ago. Revenue was CNY 252.71 million compared to CNY 265.64 million a year ago.

Net loss was CNY 26.6 million compared to CNY 12.09 million a year ago. Basic loss per share from continuing operations was CNY 0.0197 compared to CNY 0.009 a year ago. Diluted loss per share from continuing operations was CNY 0.0197 compared to CNY 0.009 a year ago.