Fujian Raynen Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 297.030 million compared to CNY 350.597 million a year ago. Operating income was CNY 764,457.83 compared to CNY 12.384 million a year ago. Net income was CNY 779,646.09 compared to CNY 13.026 million a year ago. Basic earnings per share from continuing operations was CNY 0.0039 compared to CNY 0.0647 a year ago.