Power Source Technology performs strongly in China and India

In 2023, Miyuan Technology's operating income in China reached 2.29 billion yuan, accounting for 72% of the total revenue. In the Indian market, their operating income reached 820 million yuan, accounting for 26%, and continued to grow for three consecutive years. In 2021, the Indian market accounted for only 2.2%. Miyuan Technology said that they will continue to strengthen sales in the Indian market. At present, they have started operating manufacturing plants in India and are actively launching new products and developing customers.