Changyuan Group Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 763.342 million compared to CNY 1,416.433 million a year ago. Operating loss was CNY 81.152 million compared to operating Income of CNY 42.437 million a year ago. Net loss was CNY 79.123 million compared to net income of CNY 65.610 million a year ago. Basic loss per share from continuing operations was CNY 0.0606 compared to basic earnings per share from continuing operations of CNY 0.051 a year ago. Diluted loss per share from continuing operations was CNY 0.0606 compared to diluted earnings per share from continuing operations of CNY 0.0499 a year ago.