On April 30, ZZ Technology unveiled its financial results for the first quarter of 2026. The report revealed that the company's revenue for the quarter stood at 621 million yuan, marking a 14.70% decline from the same period last year. Moreover, the net loss attributable to shareholders of the listed company soared to 78.8531 million yuan, up from a loss of 23.6965 million yuan in the corresponding period of the previous year, indicating a significant 232.97% expansion in losses. After adjusting for non-recurring gains and losses, the net loss amounted to 84.43 million yuan, reflecting a staggering 923.9% year-on-year decrease.
