On September 1, Midea Group and Xiamen C&D Co., Ltd. (hereinafter referred to as "C&D Co., Ltd.") joined forces and signed a strategic cooperation agreement at the headquarters of Midea Group. The two sides will carry out comprehensive and in-depth cooperation in product solutions, bulk material supply chain integrated services, logistics services, market expansion and other fields.
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Cheng Dongfang, Deputy General Manager of C&D Co., Ltd. and General Manager of Iron and Steel Group, and Wang Xinliang, President of Midea Group's Enterprise Business, signed a strategic cooperation agreement on behalf of both parties. Huang Wenzhou, Secretary of the Party Committee and Chairman of C&D Group, Zheng Yongda, General Manager of C&D Group, Secretary of the Party Committee and Chairman of C&D Co., Ltd., and Fang Hongbo, Chairman and President of Midea Group, attended and witnessed the signing.
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According to the agreement, the two parties will make full use of their respective superior resources to provide each other with more high-quality and convenient products and services, and continuously improve the core competitiveness of both parties. To this end, the two sides have also established communication mechanisms such as high-level mutual visits and daily departmental liaison to ensure the effective promotion of strategic cooperation between the two sides.
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Fang Hongbo, chairman and president of Midea Group, said that C&D has strong strength in the supply chain, and Midea Group is also promoting the consistency of the supply chain; In terms of logistics, Midea's Ande Zhilian has made some model explorations to improve the efficiency of social circulation, while C&D Co., Ltd. also has goods distribution, trunk transportation and other businesses. Next, the two sides will take the opportunity of this signing to continue to deepen cooperation in supply chain, logistics, retail and other aspects, and further explore innovative cooperation models.
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Huang Wenzhou, Secretary of the Party Committee and Chairman of C&D Group, said that the vision, mission and cultural concept of the two companies are very similar, the mission of C&D Group is to "let more people live a better quality of life", and Midea Group has always adhered to the principle of "perfect science and technology, perfect life". The integration of home appliances and home furnishings is the trend, and the two sides can cooperate to simulate life scenarios and jointly expand domestic and foreign markets. At the same time, the two sides can also explore more cooperation opportunities in the energy transformation of buildings, the internationalization of supply chains, digital transformation, and investment business.
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C&D Group, the parent company of C&D Co., Ltd., is currently mainly engaged in supply chain operation, urban construction and operation, tourism and exhibition, medical health and investment in emerging industries. Midea Group is a global technology group integrating five major sectors: smart home, industrial technology, building technology, robotics and automation, and innovative business. Both Fortune Global 500 companies will promote long-term cooperation and more valuable development between the two sides.
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Lin Weiguo, General Manager of C&D Real Estate Group Co., Ltd., Shi Yaofeng, President of Red Star Macalline Home Furnishing Group Co., Ltd., Berlin, Vice President of Midea Group and President of China Region, and Liang Pengfei, President of Ander Zhilian, also attended the signing talks.