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
condiments	600.77M	625.16M	557.57M	468.72M	417.10M
condiments Growth	-3.90%	12.12%	18.96%	12.38%	6.86%
Seasoning Ingredients	475.48M	462.44M	433.82M	410.39M	383.11M
Seasoning Ingredients Growth	2.82%	6.60%	5.71%	7.12%	14.74%
Unallocated Other Operating Income	5.82M	10.04M	2.87M	2.55M	6.03M
Unallocated Other Operating Income Growth	-41.97%	250.00%	12.33%	-57.65%	145.26%
Total	1.08B	1.10B	994.25M	881.65M	806.24M
Total Growth	-1.42%	10.40%	12.77%	9.35%	10.95%

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 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
Central China	393.07M	436.22M	376.12M	289.18M	261.74M
Central China Growth	-9.89%	15.98%	30.06%	10.49%	14.32%
East China	348.69M	307.11M	287.69M	268.88M	253.84M
East China Growth	13.54%	6.75%	7.00%	5.92%	9.93%
Northern China	135.47M	129.18M	129.96M	128.82M	117.04M
Northern China Growth	4.86%	-0.60%	0.88%	10.07%	3.69%
Southern China	83.57M	98.40M	83.67M	76.68M	61.77M
Southern China Growth	-15.07%	17.60%	9.12%	24.14%	21.94%
Southwest Region	68.30M	66.93M	68.49M	62.53M	57.63M
Southwest Region Growth	2.04%	-2.27%	9.53%	8.51%	2.07%
Northwestern China	28.31M	30.13M	27.25M	33.67M	30.91M
Northwestern China Growth	-6.03%	10.58%	-19.08%	8.95%	6.69%
Northeast China Region	17.52M	19.18M	17.81M	19.08M	16.72M
Northeast China Region Growth	-8.66%	7.71%	-6.65%	14.11%	11.28%
Overseas	1.32M	443.78K	395.68K	255.35K	571.04K
Overseas Growth	196.45%	12.15%	54.96%	-55.28%	58.70%
Unallocated	5.82M	10.04M	2.87M	2.55M	6.03M
Unallocated Growth	-41.97%	250.00%	12.33%	-57.65%	145.26%
Total	1.08B	1.10B	994.25M	881.65M	806.24M
Total Growth	-1.42%	10.40%	12.77%	9.35%	10.95%

Source: S&P Global Market Intelligence.