JINGCHENG MAC (00187) has announced its financial results for the first quarter. The company reported revenue of approximately 309 million yuan, representing a decrease of 4.25% compared to the same period last year. The net loss attributable to shareholders was approximately 32.2127 million yuan, an increase of about 170% year-on-year. The basic loss per share was 0.06 yuan. According to the announcement, the decline in performance was primarily due to emerging businesses, such as hydrogen energy, being in the early stages of industry cultivation. The overall market scale has not yet met expectations, resulting in a profitability level for the reporting period that remains below projections.