[China Software: net loss of 199 million yuan in the first quarter] China Software disclosed its quarterly report that its operating income in the first quarter was 1.218 billion yuan, down 20.07 percent from the same period last year, and the net profit was 199 million yuan. The decrease in net profit is mainly due to the increase in investment in major projects and the decrease in business volume in the current period. The net profit of Kirin, a subsidiary, was 70 million yuan, an increase of 50 million yuan over the same period last year.