Shenzhen Silver Basis Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 616.616 million compared to CNY 626.897 million a year ago. Operating loss was CNY 101.588 million compared to CNY 54.270 million a year ago. Net loss was CNY 82.773 million compared to CNY 43.043 million a year ago. Basic loss per share from continuing operations was CNY 0.22 compared to CNY 0.11 a year ago.