Lifan Industry Group Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 564.225 million compared to CNY 2,246.537 million a year ago. Operating loss was CNY 198.872 million compared to CNY 116.686 million a year ago. Net loss was CNY 197.380 million compared to CNY 97.204 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.14 compared to CNY 0.07 a year ago.