Souyute Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,308.973 million compared to CNY 1,343.707 million a year ago. Operating loss was CNY 287.594 million compared to CNY 90.316 million a year ago. Net loss was CNY 289.083 million compared to CNY 74.032 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to CNY 0.02 a year ago.