ShangHai Huahong Jitong Smart System Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 16.984 million compared to CNY 47.206 million a year ago. Operating income was CNY 722,909.32 compared to operating loss of CNY 277,378.9 a year ago. Net income was CNY 119,773.18 compared to CNY 80,598.09 a year ago. Basic earnings per share from continuing operations was CNY 0.0007 compared to CNY 0.0005 a year ago.