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 2023	FY 2022	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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	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
Steel Industry	112.69B	115.35B	116.05B	134.90B	139.17B
Steel Industry Growth	-2.30%	-0.60%	-13.98%	-3.07%	35.44%
Chemical Industry	1.44B	1.24B	1.32B	1.47B	1.71B
Chemical Industry Growth	15.93%	-5.85%	-10.28%	-13.89%	30.89%
Unallocated Other Business	4.00B	5.03B	5.38B	7.10B	8.74B
Unallocated Other Business Growth	-20.40%	-6.52%	-24.24%	-18.85%	143.43%
Total	118.14B	121.62B	122.74B	143.47B	149.63B
Total Growth	-2.86%	-0.92%	-14.45%	-4.11%	38.98%

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 2023	FY 2022	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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	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
Northeast China	3.62B	1.19B	703.90M	1.16B	343.74M
Northeast China Growth	203.47%	69.59%	-39.40%	237.91%	55.27%
North China	61.79B	67.89B	77.66B	88.30B	95.27B
North China Growth	-8.99%	-12.59%	-12.05%	-7.32%	31.31%
East China	32.87B	26.60B	25.77B	34.92B	35.17B
East China Growth	23.60%	3.22%	-26.22%	-0.69%	56.33%
Northwestern China	2.11B	4.79B	2.89B	95.71M	233.57M
Northwestern China Growth	-55.89%	65.60%	2921.70%	-59.02%	39.11%
Southwest China	775.05M	488.47M	176.97M	374.67M	452.87M
Southwest China Growth	58.67%	176.02%	-52.77%	-17.27%	-31.97%
South Central China	3.64B	6.46B	4.13B	7.59B	5.47B
South Central China Growth	-43.67%	56.41%	-45.64%	38.74%	57.16%
Southern China	6.72B	6.00B	3.37B	1.53B	85.53M
Southern China Growth	11.95%	77.94%	121.09%	1683.84%	18.80%
Overseas	2.61B	3.18B	2.67B	2.40B	3.85B
Overseas Growth	-17.79%	19.27%	11.24%	-37.80%	-12.54%
Unallocated	4.00B	5.03B	5.38B	7.10B	8.74B
Unallocated Growth	-20.40%	-6.52%	-24.24%	-18.85%	143.43%
Total	118.14B	121.62B	122.74B	143.47B	149.63B
Total Growth	-2.86%	-0.92%	-14.45%	-4.11%	38.98%

Source: S&P Global Market Intelligence.