Data Growth

Data Growth

The following is the digital growth of Dongguan Mingmiao Technology Co., Ltd.’s performance in recent years:

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million yuan

Sales Growth

☑ Sales in 2005: 500,000 yuan

☑ Sales in 2018: 20 million yuan

☑ Sales in 2019: 25 million yuan

☑ Sales in 2020: 30 million yuan

☑ Sales in 2021: 40 million yuan

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%
Sales share

International Market Expansion

☑ In 2005, sales in overseas markets accounted for 0% of total sales

☑ In 2018, sales in overseas markets accounted for 30% of total sales

☑ In 2019, sales in overseas markets accounted for 33% of total sales

☑ In 2020, sales in overseas markets will account for 35% of total sales

☑ In 2021, sales in overseas markets will account for 40% of total sales

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%
R&d spending

R & D Investment

☑ R&D investment as a percentage of sales in 2005: 1%

☑ R&D investment as a percentage of sales in 2018: 10%

☑ R&D investment as a percentage of sales in 2019: 12%

☑ R&D investment as a percentage of sales in 2020: 15%

☑ R&D investment as a percentage of sales in 2021: 16%

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New Products

New Product Release

☑ Number of new products in 2005: 2 models

☑ Number of new products in 2018: 20 models

☑ Number of new products in 2019: 25 models

☑ Number of new products in 2020: 30 models

☑ Number of new products in 2021: 60 models

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Personnel Growth

Staff Size Growth

☑ Number of employees in 2005: 5

☑ Number of employees in 2018: 20

☑ Number of employees in 2019: 30

☑ Number of employees in 2020: 35

☑ Number of employees in 2021: 39

The above data shows the significant growth trend of Dongguan Mingmiao Technology Co., Ltd. in terms of sales, international market expansion, R&D investment, new product releases, and employee size. These data reflect the company's continuous innovation, efforts to continuously improve product quality and service levels, and also highlight the company's good performance in market competition and the potential for sustainable development.