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
Wastewater Treatment and Sewage Treatment Factory Construction-Tianjin	1.69B	-	-	-	-
Wastewater treatment and sewage Water Treatment Plant Construction-Hangzhou	296.71M	-	-	-	-
Wastewater Treatment and Sewage Treatment Factory construction-other	1.60B	-	-	-	-
Recycled water treatment and recycled water Supporting projects	250.32M	381.85M	432.58M	389.78M	337.04M
Recycled water treatment and recycled water Supporting projects Growth	-34.44%	-11.73%	10.98%	15.65%	6.29%
Heating and supply Cold Service	194.61M	162.31M	247.62M	242.05M	102.35M
Heating and supply Cold Service Growth	19.90%	-34.45%	2.30%	136.48%	1.73%
Water supply and Waterworks construction	75.19M	63.50M	96.87M	118.20M	149.72M
Water supply and Waterworks construction Growth	18.41%	-34.44%	-18.04%	-21.05%	50.77%
Environmental protection equipment sales	33.61M	23.67M	23.88M	46.50M	52.75M
Environmental protection equipment sales Growth	41.98%	-0.86%	-48.65%	-11.85%	22.02%
Other Divisions	612.92M	78.94M	74.12M	68.15M	68.42M
Other Divisions Growth	676.46%	6.50%	8.76%	-0.39%	-29.47%
Sewage Treatment and Water Plant Facilities Construction	-	3.58B	3.25B	3.19B	3.35B
Sewage Treatment and Water Plant Facilities Construction Growth	-	10.19%	1.76%	-4.74%	40.10%
PPP Project Interest Income	-	126.18M	129.46M	-	-
PPP Project Interest Income Growth	-	-2.54%	-	-	-
Hazardous Waste Disposal	-	149.62M	157.30M	237.20M	220.38M
Hazardous Waste Disposal Growth	-	-4.88%	-33.68%	7.63%	184.83%
Unallocated Other Business	-	261.53M	254.37M	-	-
Unallocated Other Business Growth	-	2.81%	-	-	-
Total	4.76B	4.83B	4.67B	4.29B	4.28B
Total Growth	-1.40%	3.48%	8.63%	0.28%	36.95%

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
China	4.76B	4.83B	4.67B	4.52B	4.54B
China Growth	-1.40%	3.48%	3.16%	-0.30%	34.83%
Total	4.76B	4.83B	4.67B	4.52B	4.54B
Total Growth	-1.40%	3.48%	3.16%	-0.30%	34.83%

Source: S&P Global Market Intelligence.