Qingmu Tec Co., Ltd. (SHE:301110)

Revenue by Segment

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

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
E-Commerce Operation Service	565.12M	486.50M	395.91M	426.98M	289.27M
E-Commerce Operation Service Growth	16.16%	22.88%	-7.28%	47.61%	39.61%
Brand Incubation and Management	306.67M	135.39M	-	-	-
Brand Incubation and Management Growth	126.51%	-	-	-	-
Distribution Agency Business	167.48M	224.54M	196.76M	206.17M	182.78M
Distribution Agency Business Growth	-25.41%	14.12%	-4.57%	12.80%	115.62%
Brand Digital Marketing	48.07M	66.80M	38.85M	45.63M	36.55M
Brand Digital Marketing Growth	-28.05%	71.96%	-14.86%	24.85%	31.74%
Technical Solutions and Consumer Operation Services	65.82M	54.21M	56.35M	54.57M	46.84M
Technical Solutions and Consumer Operation Services Growth	21.42%	-3.80%	3.26%	16.51%	141.45%
E-Commerce Channel Retail	-	-	158.76M	146.17M	93.27M
E-Commerce Channel Retail Growth	-	-	8.61%	56.72%	321.74%
Total	1.15B	967.45M	846.63M	879.53M	648.70M
Total Growth	19.20%	14.27%	-3.74%	35.58%	79.59%

Revenue by Geography

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

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
China	1.12B	939.33M	807.15M	826.15M	597.77M
China Growth	19.68%	16.38%	-2.30%	38.21%	69.67%
Overseas	28.95M	28.11M	39.48M	53.37M	50.93M
Overseas Growth	2.98%	-28.79%	-26.04%	4.79%	472.43%
Total	1.15B	967.45M	846.63M	879.53M	648.70M
Total Growth	19.20%	14.27%	-3.74%	35.58%	79.59%

Source: S&P Global Market Intelligence.