According to the Zhitong Finance App, Hongquan Internet of Things (688288.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 128 million yuan, an increase of 50.79% over the previous year; a net profit loss of 10.11 million yuan to mother; and a loss of 11.27 million yuan in non-net profit. Basic earnings per share - $0.13.