Revenue by Segment

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '15 Dec 31, 2015
Sale of APV and Vaping Devices and Components	11.80B	11.20B	12.14B	13.76B	10.01B
Sale of APV and Vaping Devices and Components Growth	5.31%	-7.75%	-11.71%	37.42%	31.53%
Total	11.80B	11.20B	12.14B	13.76B	10.01B
Total Growth	5.31%	-7.75%	-11.71%	37.42%	31.53%

Revenue by Geography

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '15 Dec 31, 2015
Hong Kong, China	3.88B	4.02B	3.35B	3.78B	3.63B
Hong Kong, China Growth	-3.69%	20.18%	-11.32%	3.95%	80.71%
United Kingdom	3.01B	2.55B	2.81B	1.53B	867.60M
United Kingdom Growth	17.69%	-9.14%	84.08%	76.04%	70.56%
United States of America	1.40B	1.21B	1.30B	1.68B	1.45B
United States of America Growth	15.47%	-6.65%	-22.60%	15.67%	-12.75%
Mainland China	1.01B	895.62M	-	-	-
Mainland China Growth	12.91%	-	-	-	-
The Republic of Croatia	250.51M	288.10M	177.71M	46.90M	-
The Republic of Croatia Growth	-13.05%	62.12%	278.88%	-	-
France	350.96M	360.74M	329.00M	243.98M	413.35M
France Growth	-2.71%	9.65%	34.84%	-40.97%	182.55%
Japan	253.31M	368.44M	284.46M	199.49M	312.31M
Japan Growth	-31.25%	29.52%	42.59%	-36.12%	-48.38%
Others	1.42B	1.28B	677.62M	594.99M	454.71M
Others Growth	11.01%	89.30%	13.89%	30.85%	-5.82%
The United Arab Emirates	227.04M	216.63M	17.76M	-	-
The United Arab Emirates Growth	4.81%	1119.67%	-	-	-
The People's Republic of China (PRC) (Excluding Hong Kong)	-	-	3.20B	5.53B	2.71B
The People's Republic of China (PRC) (Excluding Hong Kong) Growth	-	-	-42.14%	104.14%	70.52%
New Zealand	-	-	-	158.78M	-
Switzerland	-	-	-	-	170.27M
Switzerland Growth	-	-	-	-	-71.95%
Total	11.80B	11.20B	12.14B	13.76B	10.01B
Total Growth	5.31%	-7.75%	-11.71%	37.42%	31.53%

Source: S&P Global Market Intelligence.