Tieling Newcity Investment Holding Group Limited announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4.965 million compared to CNY 3.097 million a year ago. Operating loss was CNY 29.302 million compared to CNY 29.289 million a year ago. Net loss was CNY 29.298 million compared to CNY 29.109 million a year ago. Basic loss per share from continuing operations was CNY 0.036 compared to CNY 0.035 a year ago.