Zhejiang Meishuo Electric Technology Co.,Ltd (SHE:301295)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Relay			490.67M	499.46M	-	-	-
Relay Growth			-1.76%	-	-	-	-
Fluid Solenoid Valve			36.75M	31.75M	39.86M	22.40M	14.07M
Fluid Solenoid Valve Growth			15.77%	-20.35%	77.95%	59.17%	191.80%
Others			5.59M	5.87M	7.63M	6.38M	13.26M
Others Growth			-4.89%	-23.07%	19.58%	-51.87%	34.97%
General-Purpose Relay			-	-	502.81M	420.11M	350.12M
General-Purpose Relay Growth			-	-	19.69%	19.99%	37.91%
Magnetic Latching Relay			-	-	7.64M	246.66K	248.70K
Magnetic Latching Relay Growth			-	-	2998.45%	-0.82%	633.63%
Automotive Relay			-	-	19.39M	13.58M	15.23M
Automotive Relay Growth			-	-	42.79%	-10.86%	-19.73%
Total			533.01M	537.08M	577.34M	462.72M	392.94M
Total Growth			-0.76%	-6.97%	24.77%	17.76%	36.66%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
China			498.80M	503.90M	545.01M	440.67M	362.10M
China Growth			-1.01%	-7.54%	23.68%	21.70%	39.62%
Export			34.20M	33.18M	32.33M	22.05M	30.84M
Export Growth			3.09%	2.62%	46.64%	-28.51%	9.36%
Total			533.01M	537.08M	577.34M	462.72M	392.94M
Total Growth			-0.76%	-6.97%	24.77%	17.76%	36.66%

Source: S&P Global Market Intelligence.