Shenzhen Zhenye (Group) Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 265.64 million compared to CNY 351.39 million a year ago. Revenue was CNY 265.64 million compared to CNY 351.39 million a year ago.

Net loss was CNY 12.09 million compared to net income of CNY 44.43 million a year ago. Basic loss per share from continuing operations was CNY 0.009 compared to basic earnings per share from continuing operations of CNY 0.0329 a year ago. Diluted loss per share from continuing operations was CNY 0.009 compared to diluted earnings per share from continuing operations of CNY 0.0329 a year ago.