Tanyuan Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 21.38 million compared to CNY 134.89 million a year ago. Revenue was CNY 21.38 million compared to CNY 134.89 million a year ago. Net loss was CNY 13.18 million compared to CNY 39.44 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.18 a year ago.