Xinlun New Materials Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 662.9 million compared to CNY 978.77 million a year ago. Net loss was CNY 947.17 million compared to CNY 1,232.9 million a year ago.

Basic loss per share from continuing operations was CNY 0.822 compared to CNY 1.07 a year ago. Diluted loss per share from continuing operations was CNY 0.822 compared to CNY 1.07 a year ago.