Shangying Global Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 9.698 million compared to CNY 345.671 million a year ago. Operating loss was CNY 26.428 million compared to CNY 81.485 million a year ago. Net loss was CNY 25.796 million compared to CNY 81.078 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.17 a year ago.