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 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '15 Dec 31, 2015
Transmission and Distribution	1.92B	1.80B	1.28B	1.06B	1.15B
Transmission and Distribution Growth	6.80%	40.55%	20.35%	-8.00%	-24.62%
New Energy	1.54B	1.33B	513.08M	84.29M	-
New Energy Growth	15.92%	158.56%	508.69%	-	-
Other	17.56M	18.09M	91.98M	25.80M	-
Other Growth	-2.89%	-80.34%	256.55%	-	-
Installation Work	-	-	-	-	16.75M
Installation Work Growth	-	-	-	-	-78.16%
Technical Advisory Services	-	-	-	-	6.92M
Technical Advisory Services Growth	-	-	-	-	2.60%
Photovoltaic Equipment	-	-	-	-	15.40M
Photovoltaic Equipment Growth	-	-	-	-	-75.89%
Electricity Sales Business	-	-	-	-	28.34M
Electricity Sales Business Growth	-	-	-	-	175.40%
Power Generation Revenue	-	-	-	-	8.85M
Power Generation Revenue Growth	-	-	-	-	-2.02%
Battery Separator	-	-	-	-	1.62M
Battery Separator Growth	-	-	-	-	-62.41%
Total	3.47B	3.14B	1.88B	1.17B	1.23B
Total Growth	10.60%	66.82%	60.69%	-4.88%	-27.62%

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 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec '15 Dec 31, 2015
China	3.36B	3.06B	1.83B	-	-
China Growth	9.77%	67.65%	-	-	-
Overseas	108.55M	75.16M	54.17M	25.41M	26.13M
Overseas Growth	44.41%	38.75%	113.15%	-2.73%	-21.93%
Huadong Region	-	-	-	448.17M	451.69M
Huadong Region Growth	-	-	-	-0.78%	-12.04%
North-West Region	-	-	-	33.63M	59.51M
North-West Region Growth	-	-	-	-43.50%	20.42%
North China	-	-	-	326.21M	280.28M
North China Growth	-	-	-	16.39%	-29.47%
Southern China	-	-	-	59.89M	123.61M
Southern China Growth	-	-	-	-51.55%	-69.31%
Southwest Region	-	-	-	82.07M	88.32M
Southwest Region Growth	-	-	-	-7.07%	37.91%
Northeast China Region	-	-	-	35.48M	43.52M
Northeast China Region Growth	-	-	-	-18.47%	-21.30%
Central China Region	-	-	-	160.43M	158.30M
Central China Region Growth	-	-	-	1.34%	-14.57%
Total	3.47B	3.14B	1.88B	1.17B	1.23B
Total Growth	10.60%	66.82%	60.69%	-4.88%	-27.62%

Source: S&P Global Market Intelligence.