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
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
Complete Electrolysis Equipment	1.49B	1.42B	1.09B	463.43M	146.12M
Titanium Electrode	721.79M	585.55M	358.91M	341.06M	253.28M
Metal Glass Sealing	143.62M	127.24M	115.54M	114.04M	100.55M
Total	2.35B	2.13B	1.56B	918.53M	499.96M

Revenue by Geography

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
China	1.55B	866.94M	473.62M
Overseas	14.43M	51.59M	26.33M
Total	1.56B	918.53M	499.96M