Guirenniao Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 211.177 million compared to CNY 172.608 million a year ago. Operating loss was CNY 56.518 million compared to CNY 199.292 million a year ago. Net loss was CNY 59.157 million compared to CNY 200.915 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to CNY 0.32 a year ago.