Rayhoo Motor Dies Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 131.036 million compared to CNY 196.238 million a year ago. Operating income was CNY 19.377 million compared to CNY 31.884 million a year ago. Net income was CNY 21.557 million compared to CNY 28.979 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.21 a year ago.