On January 21, Midea Group and COSCO SHIPPING Group signed a strategic cooperation agreement and transportation service framework agreement at the group headquarters in the United States, and Fang Hongbo, Chairman and President of Midea Group, and Xu Lirong, Chairman and Secretary of the Party Leadership Group of COSCO SHIPPING Group, attended the ceremony.

The signing marks a new chapter in the comprehensive deepening of the strategic partnership between the two parties, and the two parties have carried out all-round and multi-level cooperation in container transportation, end-to-end logistics supply chain, overseas cooperation, digital transformation, centralized procurement, warehousing resource sharing, technical exchanges, automation and intelligent manufacturing, and intelligent building systems.

At the same time, the two sides will promote resource sharing, mutual benefit and win-win results, give full play to their respective advantages in resources and networks, better cooperate in the development of maritime and multimodal transport services, and promote extensive and in-depth cooperation between companies at all levels of both sides to create excellent benefits.

Before the signing ceremony, the two sides held talks and visited the corporate culture exhibition hall of Midea. Both sides expressed that they will work together to promote the high-quality development of foreign trade and start business cooperation in other sectors.

Midea Group has maintained a long-term good cooperative relationship with COSCO Shipping Group. Since the beginning of this year, affected by the global epidemic, COSCO SHIPPING has provided Midea with butler-style intimate services, provided Midea with space and container security, provided solid logistics support for the stability of Midea's global supply chain, and helped Midea promote the "global breakthrough" strategy.