Xinyisheng: The exchange rate fluctuation in the first quarter has had a certain impact on the scale of revenue recognition and profit.
Xinyisheng released the record of investor relations activities, stating that the company's trading currency is US dollars, the reporting currency is the Chinese RMB, and the Thai subsidiary's currency is Thai baht. Both of these base currencies experienced fluctuations in the first quarter, which had a certain impact on revenue recognition and profits. The company will take more exchange rate fluctuation control measures in the future to reduce the impact of foreign exchange.
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