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 2019	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	Jan '19 Jan 1, 2019	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
North China			31.23M	32.75M	55.68M	84.15M	152.78M
North China Growth			-4.64%	-41.19%	-33.83%	-44.92%	-
East China			180.40M	195.69M	103.75M	303.66M	508.96M
East China Growth			-7.81%	88.62%	-65.83%	-40.34%	-
South China			60.86M	84.08M	93.57M	111.28M	176.07M
South China Growth			-27.62%	-10.14%	-15.91%	-36.80%	-
Central China			15.69M	27.10M	25.63M	20.28M	41.05M
Central China Growth			-42.09%	5.72%	26.43%	-50.61%	-
Southwest region			26.84M	30.79M	13.10M	32.05M	153.07M
Southwest region Growth			-12.84%	135.12%	-59.13%	-79.06%	-
North-East China			7.81M	6.61M	5.24M	14.90M	22.85M
North-East China Growth			18.30%	26.11%	-64.84%	-34.78%	-
Northwestern Region			18.13M	31.50M	38.52M	68.72M	135.68M
Northwestern Region Growth			-42.45%	-18.22%	-43.95%	-49.35%	-
overseas			21.21M	59.47M	41.38M	40.15M	53.90M
overseas Growth			-64.34%	43.71%	3.06%	-25.50%	-
Total			362.17M	467.99M	376.87M	675.17M	1.24B
Total Growth			-22.61%	24.18%	-44.18%	-45.74%	-

Source: S&P Global Market Intelligence.