Beijing Xinwei Technology Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 22.430 million compared to CNY 49.244 million a year ago. Operating loss was CNY 174.601 million compared to CNY 210.054 million a year ago. Net loss was CNY 170.437 million compared to CNY 205.650 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.