According to Zhitong Finance App, Fangyuan Co., Ltd. (688148.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 421 million yuan, a year-on-year decrease of 47.66%; net profit attributable to shareholders of listed companies of 70,052 million yuan; net loss of 144.409 million yuan attributable to shareholders of listed companies after deducting non-recurring profit and loss; and basic earnings per share of 0.01 yuan.