Lifan Technology (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,249.5 million compared to CNY 840.06 million a year ago. Revenue was CNY 1,249.5 million compared to CNY 840.06 million a year ago. Net income was CNY 50.85 million compared to CNY 15.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.0113 compared to CNY 0.0035 a year ago.