Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Mining Equipment	8.99B	10.90B	12.60B	10.98B	6.94B
Mining Equipment Growth	-17.50%	-13.50%	14.79%	58.16%	43.04%
Logistics Equipment	8.77B	7.91B	5.82B	4.61B	3.35B
Logistics Equipment Growth	10.89%	35.86%	26.33%	37.74%	32.77%
Oil and Gas Equipment	2.75B	1.87B	1.50B	-	-
Oil and Gas Equipment Growth	47.33%	24.28%	-	-	-
Emerging Industry Equipment	4.79B	1.97B	496.94M	-	-
Emerging Industry Equipment Growth	143.18%	296.05%	-	-	-
Elimination of Intersegment Sales/Receivables	-966.20M	-735.70M	-145.83M	-50.95M	-92.74M
Total	24.33B	21.91B	20.28B	15.54B	10.19B
Total Growth	11.06%	8.05%	30.52%	52.40%	38.44%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Chinese Mainland	15.10B	13.74B	13.92B	11.31B	8.10B
Chinese Mainland Growth	9.89%	-1.27%	23.00%	39.70%	34.91%
Asia (Excluding Chinese Mainland)	3.99B	2.99B	2.82B	2.49B	1.05B
Asia (Excluding Chinese Mainland) Growth	33.46%	5.95%	13.41%	137.60%	48.13%
Europe	1.82B	1.89B	1.78B	-	-
Europe Growth	-3.32%	5.79%	-	-	-
Africa	1.45B	1.17B	543.66M	339.09M	-
Africa Growth	23.53%	115.43%	60.33%	-	-
United States of America	608.98M	844.19M	478.07M	548.58M	337.51M
United States of America Growth	-27.86%	76.58%	-12.85%	62.54%	42.09%
Brazil	576.87M	499.22M	204.51M	-	-
Brazil Growth	15.55%	144.10%	-	-	-
Other Countries/Regions	784.82M	776.92M	528.64M	110.09M	441.19M
Other Countries/Regions Growth	1.02%	46.97%	380.20%	-75.05%	58.57%
Russia	-	-	-	548.68M	-
European Union	-	-	-	185.55M	268.65M
European Union Growth	-	-	-	-30.93%	95.67%
Total	24.33B	21.91B	20.28B	15.54B	10.19B
Total Growth	11.06%	8.05%	30.52%	52.40%	38.44%

Source: S&P Global Market Intelligence.