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Midea Group Reports Q1 2025 Results: Revenue Hits RMB 128.4B with 38.0% Net Profit Growth

April 29, 2025?—Midea Group(000333.SZ 0300.HK) announced its first-quarter 2025 financial results. The company delivered robust growth by focusing on core businesses, achieving total revenue of RMB128.4 billion, a 20.6% year-over-year increase. Net profit attributable to shareholders surged 38.0% to RMB12.4 billion, with net profit margin rising 1.4 percentage points to 9.9%, demonstrating strong operational momentum.

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Midea Becomes Global Supporter of the AFC’s Club Competitions

The Asian Football Confederation (AFC) is delighted to announce a new global partnership with Midea, a world-leading brand in white goods, vacuum cleaners and kitchen appliances.

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CEO of DHL Group led a delegation to visit Midea Group

Recently, Tobias Meyer, CEO of DHL Group, the world's largest logistics group, led a delegation to visit Midea Group.

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Midea Group's Letter to Shareholders

The year 2024 was defined by a rapidly evolving global landscape and significant challenges. Amid a complex domestic and international environment, Midea sharpened its strategic focus on driving value-chain-wide efficiencies and achieving structural growth through innovation and upgrades.

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Midea Group 2024 Annual Report , Delivers Unprecedented Shareholder Returns

Midea Group (000333.SZ 0300.HK), a global leader in smart home appliances and commercial & industrial solutions, today announced record-breaking 2024 annual results with revenue reaching RMB 409.1 billion, up 9.5% year-on-year. Net profit attributable to shareholders surged 14.3% to RMB 38.5 billion, while operating cash flow hit a historic high of RMB 60.5 billion.

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Midea at Milan Design Week

A Celebration of Smart Living: step into Midea royal house Milan Design Week is the most important event that celebrates design in all its forms and attract professionals and visitors from all over the world.

Midea Showcased at the 2025 AHR

Recently, a number of business units of Midea Group appeared at the 2025 American HVAC Expo 2025, showcasing their latest technological breakthroughs and full-scenario solutions in the fields of HVAC, core components, and water heaters. This exhibition is not only a concentrated display of Midea Group's technical strength, but also another important practice of its "global breakthrough" strategy. Midea Industrial Technology also announced that its R&D center in Dallas will be officially put into operation in the third quarter of 2025, further strengthening local R&D and service capabilities in the North American market, and promoting product innovation and technology upgrades.

Midea and Toshiba established an elevator business partnership

Upon completion of the transaction, Midea will acquire a controlling stake in Toshiba Elevator China. The transaction will follow the usual regulatory procedures in China, including the completion of an antitrust review, and is expected to close in the fourth quarter of 2024. Toshiba Elevator China will continue to develop, design, manufacture and sell elevators under the Toshiba brand in the Chinese market, and provide installation and maintenance services, as well as provide products, parts and technical support to Toshiba Elevator Corporation's non-China business.

The 29th Midea Tech Month: Cutting-edge technology drives transformation, and glocalization continues to accelerate

The 29th Midea Group Science and Technology Month Conference and Award Ceremony was held at the Global Innovation Center of Foshan Midea, with the theme of "Innovation Glocalization Transformation", which demonstrated Midea's firm determination and layout to promote the strategy of technology leadership, as well as a series of innovation activities based on this. This year's Midea Science and Technology Month has been carefully laid out around the future industrial upgrading and transformation, focusing on the outstanding achievements of basic common technologies, key core technologies, diversified industries, and OBM (private brand) breakthroughs.

After promoting the digitalization of all employees, Midea and the Ministry of Industry and Information Technology formulated digital talent standards for the manufacturing industry

The manufacturing digital talent standard jointly formulated by Midea Group and the Ministry of Industry and Information Technology was officially released. In line with the implementation of the standard, the two parties have jointly established professional courses and training programs such as digital basic knowledge, digital product and tool skills, data analysis and interpretation, etc., aiming to cultivate students' ability to read, use and use data. After taking the relevant courses and passing the exam, students can obtain an authoritative certificate of national certification. In the past three years, Midea has carried out the digitalization of all employees internally, and so far more than 160,000 people have taken relevant courses, and nearly 20,000 people have passed the digital talent certification. These new digital talents have exported more than 3,800 innovation cases, saving more than 100 million yuan in operating costs for enterprises in one year.

Midea Group's third quarter report is released! operating income was 320.3 billion yuan, a year-on-year increase of 10%

Midea Group released its third quarter report for 2024, and its operating income and profit continued to grow. According to the report, Midea Group achieved operating income of 102.2 billion yuan in the third quarter, a year-on-year increase of 8%, and net profit attributable to the parent company of 10.9 billion yuan, a year-on-year increase of 15%. As of the first three quarters of this year, Midea Group achieved operating income of 320.3 billion yuan, a year-on-year increase of 10%, and net profit attributable to the parent company of 31.7 billion yuan, a year-on-year increase of 14%.

Midea Group was listed in Hong Kong, and its global layout accelerated

On September 17, Midea Group Co., Ltd. (hereinafter referred to as "Midea Group" or "the Company", stock code: 00300) was listed on the main board of the Hong Kong Stock Exchange, becoming another "A+H" share listed company. Midea Group will continue to focus on the four strategic axes of "leading technology, direct access to users, driven by digital intelligence, and global breakthrough", increase R&D investment, attract global R&D talents, maintain its leading position in science and technology, continue to expand its business in overseas markets, and continuously consolidate the company's leading position as a global technology company to achieve long-term growth.

Midea's revenue in the first half of 2024 will be 218.1 billion and its net profit will be 20.8 billion! Both hit record highs

According to the report, Midea Group's total operating income in the first half of the year reached 218.1 billion yuan, a year-on-year increase of 10%, following the first quarter's revenue of 106.5 billion yuan, a new high in the group's single quarter, and 111.6 billion yuan in the second quarter, exceeding 100 billion yuan for the first time for two consecutive quarters; The net profit attributable to the parent company was 20.8 billion yuan, a year-on-year increase of 14%. Midea's Smart Home (ToC) and Commercial & Industrial Solutions (ToB) businesses grew by 11% and 6% year-on-year, respectively, while domestic and overseas revenues grew by 8% and 13% year-on-year, once again demonstrating the strong momentum of the new cycle.

Midea Group was selected into the 2024 Fortune China ESG Influence List

In the May 2024 edition of Fortune China's ESG Impact List, Midea Group has been included in the list for two consecutive years, highlighting its outstanding performance and industry leadership in ESG (Environmental, Social and Governance). ESG is not only an important investment concept and corporate action guide in the financial market, but also a measure to help enterprises achieve sustainable development.

The last piece of the puzzle of Midea's global headquarters was completed: the 08 space was officially opened

The green building of "intelligent traffic", the low-carbon park of "Internet of Things + big data", interesting shooting, and specialty coffee space...... On May 30, Midea's 08 space was officially opened, marking the completion of the last piece of the puzzle for Midea's global headquarters in Shunde. The space will add more than 8,000 marketing and management talents of the business department to the office, and further strengthen the linkage between the headquarters and various business entities in Shunde to form the core office group of Midea.

Midea Group officially joined UN Women WEPs

Midea Group officially joined the Women's Empowerment Principles (WEPs) of UN Women and became one of the global signatory corporate members of the organization. This move marks another important step forward for Midea Group in promoting gender equality and women's empowerment.

Midea Energy shines in the 2024 SNEC, deeply cultivating green energy and demonstrating the hard power of "full link".

From June 13th to 15th, 2024, Midea Group's Kelu Electronics, Hekang New Energy, Midea Building Technology, KUKA and other units made a grand appearance at the 17th International Solar Photovoltaic and Smart Energy Conference and Exhibition (2024 SNEC), demonstrating Midea's "full-link" hard power and injecting new momentum into global sustainable development.

Midea Group's total revenue in 2023 will be 373.7 billion yuan, with both revenue and profit hitting a record high

On March 27, Midea Group released its 2023 annual report, showing impressive growth and record profits. The company's total operating income in 2023 will be 373.7 billion yuan, a year-on-year increase of 8%. In addition, Midea's net profit attributable to shareholders was 33.7 billion yuan, an increase of 14% year-on-year. Among them, Midea Group's B-end business maintained rapid growth, reaching RMB 97.8 billion, becoming one of the main engines for Midea's business growth.

Midea Group signed a strategic cooperation agreement with Tongwei Co., Ltd

On February 22, Midea Group and Tongwei Co., Ltd. jointly held the signing ceremony of the 2024 annual strategic cooperation agreement at Tongwei International Center. According to the agreement, the two parties will strengthen cooperation in the fields of digitalization of the photovoltaic industry, robots, logistics automation, logistics and transportation, building equipment and home appliances in line with the principles of mutual customers, resource sharing, in-depth cooperation and mutual benefit, and strive to create a model of intelligent manufacturing in the photovoltaic industry. The two sides will give full play to their respective advantageous resources to jointly promote the application of photovoltaic equipment in various industries.

Midea Energy Technology was rated as "International Leading"

Recently, the appraisal team led by Mr. Wang Jun from Beijing University of Aeronautics and Astronautics listened to the project report, reviewed the project information, and agreed that the research and application technology of Midea's energy efficient utilization technology of air conditioning household light storage cold and heating system is difficult and innovative, and has reached the "international leading" level. Midea has been committed to developing products and solutions that truly meet the needs of the user side in the context of conforming to the needs of the country and the times, adhering to the vision of "perfect science and technology, perfect life", starting from the needs of the user side, developing a smart home energy management system, and constantly improving technology.

Midea Air Conditioning's first HVAC showroom in North America officially opened in New York

Recently, Midea Air Conditioning's first HVAC (Heating, Ventilation, and Air Conditioning) showroom in North America officially opened in New York. The opening event was attended by Chris Corcoran, Superintendent of the New York State Energy Development Authority and Assistant to the Governor of New York, U.S. Congressman Grace Meng, Con Edison, one of the largest energy agencies in the United States, New York's Long Island Power Authority, and other industry leaders. In addition, the New York Times, the American TV program Living in US, the industry media ACHR News and many other mainstream media also attended the scene for interviews and exchanges.

Shanghai Midea's Global Innovation Park was topped out

On December 28, the topping out ceremony of the Shanghai Midea Global Innovation Park (hereinafter referred to as "Shanghai Midea") project was successfully held, marking the completion of the construction task of the main structure stage in an efficient, high-quality, safe and stable manner, and reaching a key milestone. A "science and technology park" that integrates science and technology with nature is showing a new look in the "big Hongqiao", building a new space for "big science and technology innovation" in the Yangtze River Delta.

Protecting the Blue Planet with You Review the 2023 Midea Group's ESG Practice Road

Responding to global climate change, high-quality development and green and intelligent manufacturing upgrading have become core issues related to the sustainable development of mankind. ESG stands for Environmental, Social and Governance, which is not only a disclosure requirement for listed companies, but also represents an innovation in a new social collaboration model. In 2023, Midea Group will accelerate its green and intelligent development, actively innovate in its business activities, implement ESG strategies that meet the needs of enterprise development and give full play to its own resource advantages, and work with employees, communities, domestic and overseas partners and users to embark on a path of ESG practice with Midea's characteristics.

Forbes' World's Best Companies to Work for Women

The partnership with market research firm Statista, surveyed about 70,000 female employees of multinational companies in 37 countries and regions, and then ranked companies that support women in the workplace and in life. Midea Group adheres to the principle of equal employment, and implements equal employment and basic rights and interests of employees in its global operations through a sound employment compliance management system. The company signs labor contracts in accordance with the law, and strictly prohibits all discrimination based on nationality, region, race, ethnicity, gender, age and other factors. At the same time, the company prohibits the use of child labor, eliminates forced labor, and actively protects the rights and interests of female employees.

Stable profitability drives growth, and Midea Group's net profit in the first three quarters was 27.7 billion yuan, a year-on-year increase of 13.27%

Driven by digitalization, efficiency has been further improved, and the cash cycle has improved significantly. From the beginning of this year to the end of the reporting period, the cash flow generated by the company's operating activities was 44.8 billion yuan, a year-on-year increase of 51.96%. The ToB business continues to maintain good growth momentum. From the beginning of this year to the end of the reporting period, the revenue of new energy and industrial technology was 21.3 billion yuan, a year-on-year increase of 25%; the revenue of intelligent building technology was 21.2 billion yuan, a year-on-year increase of 19%; Robotics and automation revenue was 22.9 billion yuan, a year-on-year increase of 17%. The retail revenue of COLMO and Toshiba in the first three quarters exceeded 8.6 billion yuan, a year-on-year increase of 21%.

The 28th Midea Science and Technology Month

Focusing on the theme of "Focus, Pragmatism and Leadership", this year's Science and Technology Month once again carried out in-depth innovation. From the perspective of breadth, whether it is the on-site display or the award setting, it focuses on the core industries and leading technologies of the United States, and the "first or only" is full of color, demonstrating the determination and momentum of leading the development of the industry; From an in-depth point of view, we will focus on promoting common collaborative technology projects such as next-generation refrigeration, next-generation deodorization, home brain, energy storage, and the world's highest energy efficiency, and continue to strengthen basic common research to escort the Group's core strategy of leading science and technology.

Midea Group debuted at the Industry Fair and released a series of solutions for "Digital Midea Smart Industry".

From September 19th to 23rd, the 23rd China International Industry Fair was officially held. Midea Group, together with its five business units, Midea Industrial Technology, Midea Building Technology, KUKA, Ande Zhilian, and Meiyun Zhishu, jointly appeared at the 2023 Industry Expo, and held a press conference of "Digital Midea Smart Industry", and released Midea's smart industrial solutions and white papers. At the press conference, two authoritative institutions, China Household Electrical Appliances Research Institute and TUV, issued a carbon footprint data recognition certificate to Midea, adding professional strength to calculate carbon footprint and achieve carbon neutrality, and providing professional support for further implementing the green concept and achieving green development.

Midea Group was selected by Time magazine in the list of the world's best companies in 2023

Recently, TIME Magazine and Statista, the world's top business data platform, released the "TIME World's Best Companies 2023" list. By continuously promoting the four strategic axes of "leading technology, direct access to users, driven by digital intelligence, and global breakthroughs", and accelerating the transformation into a global technology group, Midea Group was successfully selected into the list. Among them, Midea Group was rated as very high in the dimension of growth rate.

Midea Group signed a strategic cooperation agreement with China Construction Third Engineering Bureau

Midea Group signed a strategic cooperation agreement with China Construction Third Engineering Bureau (hereinafter referred to as "China Construction Third Engineering Bureau") at the headquarters of Midea Group. According to the agreement, the two parties will strengthen the co-construction and research of product solutions, actively promote cooperation in enterprise services, low-carbon energy management, smart park services, smart factories, automated logistics parks, property management service solutions, etc., and test product solutions and continue to improve them in the implementation of projects. At the same time, according to the promotion of industry-research cooperation between the two sides, we will jointly establish a market-oriented mechanism for the transformation of scientific and technological achievements, and promote the marketization and industrialization of major scientific and technological achievements.

A strong combination! Midea Group signed a strategic cooperation agreement with C&D Co., Ltd

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. 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.

Midea Group signed a strategic cooperation agreement with JinkoSolar

According to the strategic cooperation agreement, the two parties will carry out extensive cooperation in various fields such as new energy business, digital transformation, and overall solutions for smart buildings. Among them, the two sides will cooperate in the new energy business sector, give full play to their respective advantageous resources, and jointly explore the application scenarios of photovoltaic, energy storage, energy management and other businesses on the client side, and at the same time, the two sides will work together to promote the sharing of customer resources for new energy projects, cooperate in the development of key projects, and jointly build a new energy ecosystem.

Midea Group's net profit to the parent company in the first half of 2023 exceeded 18.2 billion

On August 30, Midea Group officially released its 2023 semi-annual performance report. According to the report, Midea Group's total operating income in the first half of the year reached 197.8 billion yuan, of which the total revenue in the second quarter reached 101.2 billion yuan, breaking the 100 billion mark for the first time and setting a record high for Midea's revenue in a single quarter. The ToC, ToB and innovative businesses have grown rapidly, and the contribution of ToB business to Midea has steadily increased.

Midea Group signed a strategic cooperation agreement with China Unicom

Since the strategic cooperation in 2010, the cooperation between the two sides in basic communication and information facilities and 5G intelligent manufacturing has achieved remarkable results. With this strategic signing, the two sides will further give full play to their own advantages in the field, focusing on in-depth cooperation in the fields of 5G+ smart home, smart building and information and communication services, marking a new stage and a new journey of cooperation between the two sides.

Midea once again topped the top 200 enterprises in China's light industry

On July 20, the Summit Forum on the High-quality Development of China's Top 100 Light Industry Enterprises was held in Beijing, and the list of China's Top 200 Light Industry Enterprises in 2022 was released on the spot, and Midea scored 98.07 points, ranking first again!

Midea Group has been listed in the Fortune Global 500 for eight consecutive years

The 2023 Fortune Global 500 list was announced, and Midea Group was selected for eight consecutive years, ranking 278th.

Official announcement! Erling Haaland became the global brand ambassador for Midea

The successful partnership between Midea and Manchester City began in January 2020, and Haaland's official announcement as Midea's global brand ambassador is the latest extension of this partnership. In May this year, Midea announced that it had renewed its global official partnership with Manchester City Football Club, opening the fourth cycle of cooperation between the two parties.

Midea Group debuted at the Solar Technology Expo in Munich, Germany

From June 14th to 16th, Intersolar Europe 2023 was held in Messe München, Germany, which is also the world's largest and most professional solar energy exhibition. A number of business units of Midea Group participated in the event, including Midea Industrial Technology's Hekang New Energy, CLU Electronics, and Midea Building Technology. As one of the world's top solar industry exhibitions, the show provides more than 1,300 exhibitors with the best opportunity to expose their brands and showcase their new products and solutions.

Jumped to 199th place! Midea Group was shortlisted in the 2023 Forbes Global 2000

Recently, Forbes magazine released the 2023 "Forbes The Global 2000" list. Thanks to the steady performance of various indicators such as operating income, profit, asset scale and market value, Midea Group ranked 199th in the world, up 18 places from last year, and ranked 26th among the shortlisted Chinese mainland enterprises. Forbes magazine annually selects the "Top 2000 Global Public Companies", which is based on a comprehensive score of operating income, profit, assets and market capitalization. Rank the largest companies in the world.

Midea debuted at the 2023 Industrial Green Development Achievement Exhibition

From June 1st to 3rd, the five major business units of Midea Group, including China Region, Household Air Conditioning, Building Technology, Hekang New Energy and Ande Zhilian, jointly participated in the "2023 Industrial Green Development Achievement Exhibition" hosted by the Ministry of Industry and Information Technology, Guangdong Provincial Government and Guangzhou Municipal Government at the Canton Fair Complex, showing the layout and phased achievements of Midea's full-process green industrial chain in an all-round way. The theme of Midea's participation in this exhibition is "Smart Manufacturing Beauty for a Green Future", which is the first large-scale exhibition with the theme of green development since the release of the "Green Strategy" in 2021, and has received extensive attention and praise from government leaders, industry institutions and media.

The three major science and technology parks of Midea Group officially set sail

The groundbreaking ceremony of Midea Group's Digital Technology Industrial Park (hereinafter referred to as Midea Digital Science Park), Midea Group's Innovation Technology Park (hereinafter referred to as Midea Innovation and Technology Park), and the commissioning ceremony of Midea Kuka Intelligent Manufacturing Technology Park Phase II (Midea KUKA Phase II) were held in Beijiao Town, Shunde District, Foshan City. Midea Digital Science Park and Midea Innovation and Technology Park plan to invest 10 billion yuan to build a national Industry 4.0 intelligent manufacturing demonstration base and a low-carbon green park around the core, cutting-edge and most potential business sectors of Midea, and Midea KUKA Phase II will further help the localization development of intelligent manufacturing.

Personally contributed 3 billion yuan! The Ho Xiangjian Science Foundation was officially released

At the opening ceremony of the 2023 Greater Bay Area Science Forum held on May 21, Mr. He Xiangjian, the founder of Midea Group, announced the official release of the "He Xiangjian Science Fund" launched in his personal name. Fang Hongbo, Chairman of He Xiangjian Science Foundation, introduced in his speech that the He Xiangjian Science Foundation aims to be sustainable and independent, aiming to reward outstanding scientists who have made breakthrough contributions to basic research, and promote the transformation of original and cutting-edge basic research and related achievements, covering major disciplines such as information and artificial intelligence, medicine and health, energy and climate.

Midea Group officially joined the UN Global Compact

Midea Group has recently successfully passed the audit of the United Nations Global Compact Office and officially joined the United Nations Global Compact. Green development is a frontier topic of world development, and it is also a key link for enterprises to achieve high-quality development. Midea will work together to promote global sustainable development, strengthen green development cooperation, promote green technology innovation, and create a greener and more beautiful future!

The B-end track has added "chips"! Midea Medical's five major sectors of new products were released in a centralized manner

On May 13, 2023, the "The Next One" Midea Medical New Product Release and Partner Conference was held. Midea Medical's five business segments, Wandong Medical, KUKA Medical, Midea Biomedical, Swisslog Medical, and Midea Building Technology, officially released key scientific research breakthroughs and product achievements across five major medical scenarios, respecting every second of life with the power of science and technology. As a multi-sector medical industry consortium, The Next One also represents Midea Medical's core understanding of smart healthcare.

Profit Improvement and Stable Operation Midea Group achieved a net profit attributable to the parent company of 29.6 billion yuan in 2022

On April 28, Midea Group officially released its 2022 annual report and 2023 first quarter results. According to the announcement, in 2022, the company's total operating income will be 345.7 billion yuan, a year-on-year increase of 0.7%, and the net profit attributable to the parent company will be 29.6 billion yuan, a year-on-year increase of 3.4%. In the first quarter of 2023, Midea Group achieved a total operating income of 96.6 billion yuan, a year-on-year increase of 6.3%; The net profit attributable to the parent company was 8 billion yuan, a year-on-year increase of 12.0%. In the past year, Midea Group has stabilized and improved profitability through the improvement of product strength and core technologies in the ToC field, provided strategic support for the transformation of ToB business, and accelerated the layout and growth of overseas business.

Midea officially laid the foundation stone for a new plant in Brazil

On April 12, local time, Midea's new factory in Brazil, Midea Industria do Brasil (hereinafter referred to as MIDB), with an investment of more than 700 million yuan, was officially laid, which is expected to be completed and put into operation in July 2024. The new MIDB plant in Pouso Alegre, Minas, has an area of more than 70,000 square meters and an annual production capacity of 1.3 million units. The factory will incorporate a large number of digital production technologies and innovative technologies, and the first batch of smart refrigerator products will be put into production and sold in July next year. In addition to supplying the local market, the products will also be sold to other markets in South America.

The innovative strength has been reaffirmed! Two units of Midea were selected as Guangdong Provincial Industrial Design Centers

On March 29, the list of the fifth batch of provincial industrial design centers of the Guangdong Provincial Department of Industry and Information Technology (hereinafter referred to as the Guangdong Provincial Department of Industry and Information Technology) was announced, and the Guangdong Welling Motor Industrial Design Center (hereinafter referred to as Welling Industrial Design Center) and KUKA Robot Industrial Design Center (hereinafter referred to as KUKA Industrial Design Center) under Midea Group were successfully selected. At present, Midea has a national enterprise technology center, a national industrial design center, a national postdoctoral research station and other heavyweight innovation platforms, and has built more than 80 provincial and ministerial enterprise technology centers, engineering centers, design centers or key laboratories.

Explore Midea Group's first zero-carbon digital industrial park - Midea Building Chongqing Water Machine Factory

On March 19, Midea Group won the 7th China Industry Award. At present, Midea Group has formed a relatively complete sustainable development management system, integrating the concept of sustainable development into every aspect of the company's production and operation. In terms of industry, Midea's industrial technology, building technology, Meiyun Zhishu, KUKA, Ande Zhilian and other units have joined hands to create Midea's zero-carbon digital industrial solutions. Midea Building Technology Chongqing Water Machine Factory is the practice of this solution.

Midea Group won the 7th China Industry Award

On March 19, the 7th China Industry Award Ceremony jointly organized by the China Federation of Industrial Economics and 13 national industry associations was held in Beijing, and Midea Group won the 7th China Industry Award for its performance in scientific and technological innovation, quality management and brand development. In the future, Midea will continue to promote the implementation of the four major strategies of industrial innovation strategy, industrial upgrading strategy, industrial digitalization strategy and green industrial strategy, build a future-oriented industrial system, promote high-quality development internally, help upgrade the industrial chain externally, and boost China's industry to lead the world.

The Prime Minister of Egypt inspected Midea's Egyptian dishwasher factory and praised Midea's intelligent manufacturing

On the morning of March 16, local time, Egyptian Prime Minister Mustafa Madbouly and his entourage inspected Midea's Egyptian dishwasher factory located in the Suez Canal Economic Development Zone "Teda Egypt" in Egypt. Midea's Egyptian dishwasher factory is the first dishwasher factory in North Africa and the Middle East to use modern advanced production technology. The plant covers an area of 60,000 square meters, with a total investment of more than 25 million US dollars, and a planned maximum annual production capacity of 1.5 million units. In addition to supplying the local market in Egypt, 80% of the production capacity will be exported to Africa, the Middle East, Europe and other regions.

Wan Min, Chairman of COSCO SHIPPING, and his delegation visited Midea Group to discuss new models of overseas development and cooperation

On March 2, Fang Hongbo, Chairman and President of Midea Group, met with Wan Min, Chairman of COSCO Shipping Group, and his party at the group headquarters. In the future, the two sides will continue to uphold the principles of mutual benefit and common development, and continue to increase the depth of strategic cooperation. Promote the optimization and reengineering of the integrated operation process of import and export logistics in front of the domestic port, build logistics supply chain innovation projects in many places relying on overseas business layout, and jointly build a digital supply chain control tower to ensure the stability and security of Midea Group's global breakthrough business supply chain.

Midea Group sent Zhong Zheng, a representative of the National People's Congress, to Beijing to attend the meeting

The first session of the 14th National People's Congress will be held in Beijing on March 5, 2023, and Zhong Zheng, deputy to the 14th National People's Congress and vice president and chief financial officer of Midea Group, will attend the meeting in Beijing. In order to encourage Zhong Zheng's representatives to better perform their duties, fully reflect the people's voices, and make suggestions and suggestions for the industry, on February 27, Midea Group held a farewell ceremony for Zhong Zheng's representatives to attend the conference in Beijing. The participants congratulated Zhong Zheng one after another, and Fang Hongbo, chairman and president of Midea Group, presented flowers to her, and everyone wished Zhong Zheng a smooth journey with warm applause, and wished the two sessions a complete success!

Midea won 14 2022 China Light Industry Federation Science and Technology Progress Awards

Recently, the Science and Technology Award Committee of the China Light Industry Federation (hereinafter referred to as the China Light Industry Federation) reviewed and approved the recommended award-winning projects of the 2022 China Light Industry Federation Science and Technology Award. Midea's five major projects, including "Research and Application of Intelligent Control Technology for Household Multi-connected Air Conditioning System in Multi-temperature and Humidity Scenarios", "Key Technology and Application of Variable Flux Motor System for Efficient and Miniaturized Household Appliances Driven by Variable Capacitors", "Research and Application of Key Technologies for Dual-stage Cooking Oxygen Control and Rapid Steaming", "Research on Nutrients for Intelligent Application on Household Gas Stoves" and "Research and Application of Inverter Home Appliance Drive", won the first prize.

Midea Group accessed Baidu Wenxin Yiyan and upgraded the man-machine dialogue ability of smart home

Midea Group announced that it has become the first batch of ecological partners of Baidu Wenxin Yiyan (English name: ERNIE Bot), working with Baidu to further upgrade the human-machine dialogue capability in the field of smart home, and help users achieve natural and fluent dialogue in smart home scenarios through cutting-edge generative AI technology. In this cooperation, Midea Group will combine the innovation capabilities of smart home products and businesses that occupy the mainstream market, and apply the intelligent dialogue technology achievements of Baidu Wenxin Yiyan to smart homes, home service robots and other fields, which marks the first landing of a new generation of conversational AI technology in domestic smart home scenarios.

Wandong Medical debuted at the 2023 Dubai Medical Exhibition! The world's new liquid helium-free MR has attracted attention

Recently, the Arab International Medical Equipment Exhibition (Arab Health) was held in the United Arab Emirates-Dubai World Trade Center. As the largest international professional medical equipment exhibition in the Middle East, it brings together hospital managers and medical equipment suppliers from all over the world. As an important part of Midea Medical, Wandong Medical also brought many innovative products to the exhibition, which attracted the attention of the industry and the market. The Wandong Kaitian i_Vision1.5T liquid helium-free superconducting magnetic resonance exhibited by Wandong Medical can fundamentally solve the problem of liquid helium dependence and reduce the direct loss caused by quenching.

Midea Group signed a strategic cooperation agreement with China Construction Eighth Engineering Bureau

On February 9, Midea Group and China Construction Eighth Bureau signed a strategic cooperation agreement at the headquarters of the United States, which marks a new chapter in the comprehensive deepening of the strategic partnership between the two sides, and the two sides will carry out comprehensive and in-depth cooperation in infrastructure projects, smart buildings, smart parks, photovoltaic energy storage, KUKA robots, medical automation, smart homes and other fields. According to the strategic cooperation agreement, the two parties will give full play to the advantages of their respective professional fields, promote resource sharing, mutual benefit and reciprocity, build a solid and sustainable strategic partnership, carry out comprehensive and in-depth cooperation in multiple fields, strengthen the joint construction and research of product solutions, and continuously improve the core competitiveness of both parties.

Accelerate the pace of "going out" Midea appeared at the 2023 American HVAC and Refrigeration Exhibition

On February 8, the 2023 American HVAC Expo 2023 (AHR Expo 2023) came to a successful conclusion in Atlanta. Midea Group's Household Air Conditioning Division, Building Technology Division, Industrial Technology Business Group and other units participated in the exhibition, and attracted professional customers, industry partners, and media from North America and all over the world to visit and exchange. Ms. Zhang Xinyu, Economic and Commercial Counselor of the Chinese Embassy in the United States, also visited the building technology booth in the United States, encouraging Chinese companies to actively explore the North American market and praising China's intelligent manufacturing.

Midea ranks seventh in the world in terms of patent holdings, and patents in the field of new technologies are "blowing out"

A few days ago, as one of the reference indicators of the scientific and technological innovation strength of global enterprises, the American commercial patent database (IFI Claims) released the data of the world's top 250 patent leaders (2022 Global 250: The World's Largest Patent Holders). On this list, Chinese companies can be said to have performed well, with 30 companies and institutions on the list. It is worth noting that there are three Chinese enterprises and institutions in the top 10, including Midea Group.

Entrepreneurs have something to say|Midea Group Fang Hongbo: Build a second growth curve and focus on emerging industries such as new energy auto parts and advanced energy storage

"Accelerate the construction and commissioning of advanced manufacturing and new industrial projects such as the third phase of Midea headquarters, digital technology industrial park, refrigeration technology innovation park, mechanical and electrical industry 4.0 base, KUKA science and technology park, Nanhai Xiaotang base, Shunde energy storage industry base, etc., to help upgrade and develop Guangdong's industrial system." At the Guangdong High-quality Development Conference, Fang Hongbo, Chairman and President of Midea Group Co., Ltd., said in his speech as a representative of business operators that Midea insists on taking root in Guangdong and going global.

Fang Hongbo: Indulge in the starry sky

On January 10, standing at the starting point of the new cycle, Fang Hongbo, chairman and president of Midea Group, delivered a keynote speech on "Indulgence in the Forward, Starry Sky" to all employees, thanking every author who wrote a new historical script of Midea, reflecting on the past, continuing to grow, not afraid of challenges, and indulging forward. In the era of drastic logic reconstruction, Fang Hongbo reminded all Midea people to maintain a zero-COVID mentality, adhere to common sense, reform and innovation, and make Midea a global technology company in the true sense.

The speed of beauty! Welling Auto Parts Anqing Base was officially put into operation, injecting new momentum into the steady development of China's new energy vehicles

On January 6, 2023, the first phase of Welling Auto Parts Anqing New Energy Auto Parts Strategic New Base (hereinafter referred to as "Welling Anqing Base") of Midea Industrial Technology was officially put into operation. As one of the largest projects in the history of Midea Group, Welling Anqing Base has successfully achieved the construction expectation of "put into operation within one year" proposed at the time of foundation laying, once again allowing the world to see the "speed of Midea" that must be achieved.

6,000 cooperative hospitals every year! Midea Medical released the annual practice of "Respecting Every Second of Life".

A second is just an ordinary moment for many people, but Midea Medical always firmly believes that every second of speed is a victory in the treatment of life. On December 12, Midea Medical released the 2022 "Respect for Every Second of Life" annual practice, which mentioned the three major figures "5, 6000, and 250 billion", which explained how Midea Medical shortened the rescue time with the power of science and technology in the past year, and also showed the achievements of Midea Medical in the past year.

Midea Group was selected as the 2022 industrial case of APEC's "Sustainable China Industrial Development Action".

Seize the dual strategic opportunities of digitalization and greening, and empower the transformation of the manufacturing industry with a smart green energy system! With its high-quality practices in digital transformation and green development, Midea Group was successfully selected as the annual industrial case of the "Sustainable China Industrial Development Action".

Adhere to the strategy of "leading science and technology"! Midea's 27th Science and Technology Month and the 23rd Quality Month came to a successful conclusion

On November 29th, the 27th Science and Technology Month and the 23rd Quality Month Awards Conference with the theme of "Cohesion, Collaboration, and Dare to Create the Future" were held in Foshan Midea Global Innovation Center in Beijiao, Shunde, and the month-long science and technology month and quality month activities came to a successful conclusion.

奠基-美的歐洲新基地落子意大利

奠基-美的歐洲新基地落子意大利

Foundation! Midea's new European base is located in Italy

On October 14, in order to accelerate Midea's global layout, seize the opportunity of carbon neutrality, and deepen the European central air-conditioning market, Midea Building Technology invested in the new production and R&D base in Europe in Feltre, northeast Italy, officially started construction.

專業高科技適老化家居品牌“美頤享”，助力老人頤享智慧生活

美頤享瞄準居家養老模式，開發銀發專屬場景，為老齡群體提供專屬服務和定制設計，同時適配全屋適老智能產品，通過AI爸媽云管家鏈接子女和父母，讓老人享受到隨時隨地的智能關懷。

Meiyixiang was awarded the "Intelligent Elderly Product Innovation Base" to empower the new era of smart elderly care

In line with the new trend of great health development and the implementation of the Healthy China action direction, Midea Medical released an overall medical plan. As a high-tech brand of Midea Group, Meiyixiang has been continuously improving on the road of technological innovation of products for the elderly, and has established a "smart innovation base for the elderly", which has played an exemplary role in the product technology innovation of the industry, and strives to develop safer, healthier, more convenient household products for the elderly.

美的空調率先發布碳足跡和減碳量評估報告

從2020年7月1日空調新能效國標正式實施以來，美的空調已率先全系列切換新能效標準的產品，并率先斬獲空調新能效頒布后的第一張節能證書，為引領行業新能效的升級，促進節能減排做出積極貢獻。

美的集團登上央視《焦點訪談》“科技領先”助力中國家電領跑

2020年底，美的集團將戰略主軸升級為“科技領先、用戶直達、數智驅動、全球突破”，其中“科技領先”為核心主軸。在科技研發方面，美的每年的投入均占年度營收的3.5%以上，過去5年來，美的累計投入研發資金超過450億元，2021年超120億元。

美的荊州工廠“智”造美云智數打造一站式“交鑰匙”工程

美云智數正形成“燈塔效應”，構建共贏生態，為制造企業打造“從0到1”的一站式“交鑰匙”燈塔工廠。也就是說，針對擁有“燈塔工廠”制造能力訴求的企業，美云智數即可打磨出解析燈塔建設復雜問題的密匙：“把簡單交給客戶，把復雜留給我們自己。”

美的零碳工業實踐：一場智慧建筑的革命悄然開啟

美的園區的分布式光伏+儲能+暖通一體化，已在多個創新園區開展落地應用。

Midea Group and Guohua Investment work together to promote the implementation of the "dual carbon" strategy

Midea Group and Guohua Energy Investment Co., Ltd. (hereinafter referred to as "Guohua Investment"), a subsidiary of China Energy Group, signed a strategic cooperation agreement, under which the two parties will focus on new energy projects such as energy storage systems, photovoltaics, wind power and comprehensive energy utilization, make full use of their respective resources and advantages to carry out comprehensive cooperation, and accelerate the construction and promotion of "green and zero-carbon parks".

Midea Group's Digital Technology Industrial Park signed a contract and landed in Foshan

Midea Group Digital Technology Industrial Park plans to invest 10 billion yuan, absorb more than 2,000 high-end scientific and technological talents from around the world, and build a national Industry 4.0 intelligent manufacturing demonstration base and a low-carbon green park around the most core, cutting-edge and potential business sectors of Midea Group, with an investment of 5 billion yuan in the first phase of the project, and an annual output value of no less than 70.2 billion yuan after it is expected to be put into operation in 2025.

美的醫療發布「悟空」智慧病區解決方案，助力醫療服務數智化升級

6月30日，美的醫療重磅發布「悟空」智慧病區解決方案，助力醫療服務數智化升級，實現從”系統集成”到“空間場景”應用的變革，并且通過打造和祐國際醫院樣板間的探索和實踐，為智慧醫療服務提供范本。

Midea's official website was officially launched

Midea Building Technology implements the strategy of digital and intelligent integration, promotes digital transformation and technological innovation in the construction field, and enables iBUILDING to enter thousands of industries and achieve industrial empowerment and the best user experience. In the midsummer of 2022, the official website of Midea Building Technology will be officially launched, come and preview what wonderful content is available!

Green innovation was affirmed Midea won 5 science and technology awards from the China Association for the Promotion of Science and Technology Industrialization

The joint project of Midea Group's Household Air Conditioning Division and Xi'an Jiaotong University "Research and Application of Key Technologies of High Comfort Air Source Heat Pump" won the first prize of scientific and technological innovation. Starting from the pain points of the traditional air source heat pump with insufficient low-temperature heating and uncomfortable heating, the project improves the low-temperature heating capacity (2°C) and energy efficiency of the heat pump system by more than 5%, while increasing the heating capacity at ultra-low temperature (-30°C) by 41.2%, reducing indoor noise by 7.7% and outdoor noise by 13.5%.

Helping epidemic prevention and control, Midea's medical empowerment "15-minute nucleic acid sampling circle"

In addition to entering the medical industry, Midea Group's long-term deep cultivation, precipitation and technological innovation in the air field and related products have unique advantages in the supply of healthy air solutions in nucleic acid sampling scenarios.

Digital Beauty 2025: Building a Moat of Beauty in the Internet of Things Era

On June 9, Midea Group held the "Digital Beauty 2025" strategy conference in Guangzhou. Midea Group proposes to build a digital brain of Midea to provide real-time and efficient digital experience for hundreds of millions of home users and millions of enterprise users. Fang Hongbo, Chairman and President of Midea Group, Yin Bitong, Senior Vice President, Wang Jianguo, Vice President and International President of Midea, Zhang Xiaoyi, Vice President and CIO, and Guan Jinwei, Vice President and President of Building Technology Division, attended the launching ceremony of "Digital Beauty 2025".

Midea's total operating income in 2021 was 343.4 billion yuan, a year-on-year increase of 20.2%

Financial highlights: In 2021, the total operating income was 343.4 billion yuan, a year-on-year increase of 20.2%, and the revenue exceeded 300 billion yuan for the first time; In 2021, the net profit was 29 billion yuan, a record high; Basic earnings per share reached 4.17 yuan; Net cash flow from operating activities in 2021 was RMB35.1 billion, up 18.7% year-on-year

At present, how to find a breakthrough in scroll compressors?

The path to achieve the dual carbon goal requires a combination of "addition" and "subtraction", that is, actively mining clean energy, developing and accumulating green environmental protection technologies, using clean energy, and carrying out energy conservation and emission reduction projects around the dual carbon goals. In this regard, Midea's electromechanical business group has a forward-looking layout, and at the same time promotes the development of green technologies and the research and development of environmentally friendly and energy-saving products.

The five core components of Midea's new energy vehicles have been put into full production!

On May 18, 2021, the "2021 Midea Welling Auto Parts Three Product Lines Production and Product Launch Conference" with the theme of "Momentum in the Peer, Controlling the Future" was held in Hefei, Anhui Province. In the face of the car-making feast in full swing, Midea has realized the independent research and development and mass production of core components, which is a milestone for Midea to fully enter the field of new energy vehicles and for China's new energy vehicle industry to achieve corner overtaking.

Li Jinbo, deputy to the National People's Congress: The home appliance industry can take the lead in establishing a "carbon labeling" system to force enterprises to increase investment in science and technology

Climate change is a major challenge facing humanity in the 21st century, and the 2015 Paris Agreement proposes to limit the increase in global average temperature to less than 2°C compared with pre-industrial times, and strive to limit it to 1.5°C. According to the International Energy Agency, a further 35% reduction in carbon emissions is needed to meet the 2°C target. As an engineer in the field of home appliances, Li Jinbo, a deputy to the National People's Congress and director of Midea's Home Air Conditioning Innovation Center, mainly put forward relevant suggestions on the energy development, recycling system and industrial Internet data of the home appliance industry this year.

【Earth Day】Midea makes efforts to promote the whole industrial chain of low-carbon technology to help "carbon neutrality"

April 22 is Earth Day, the fifth anniversary of the signing of the Paris Agreement, and carbon emissions are once again in the spotlight of global attention. Midea Group actively responds to the national "14th Five-Year Plan" and realizes a low-carbon intelligent industrial chain in the whole life cycle from green technology, green design, green manufacturing, green sales, green operation and maintenance, green logistics, green recycling, etc. Since 2017, Midea Group has achieved a 15.83% reduction in comprehensive energy consumption per 10,000 yuan of total output value, a 16.33% reduction in carbon dioxide emissions per unit of output value, and an increase of 14.95% in the proportion of clean energy, with the main green indicators improving year by year.

The Party Committee of Midea Group organized a delegation to Hunan to review the story of the history of the Party and present the 100th anniversary of the founding of the Party

In order to celebrate the 100th anniversary of the founding of the Communist Party of China and relive the glorious history of the party, from April 17th to 18th, more than 80 party members, employees and party activists from Midea Group Headquarters and Midea Financial Organization went to Comrade Mao Zedong Memorial Hall, Liu Shaoqi's hometown and other party building education bases to receive party history learning and education.

Invest hundreds of millions of yuan! Midea Group signed a strategic cooperation agreement with Shanghai Jiao Tong University

On March 25, 2021, Midea Group signed a strategic cooperation agreement with Shanghai Jiao Tong University, and will invest hundreds of millions of yuan in the next five years, with the help of and give full play to the resource advantages of Shanghai Jiao Tong University, the two sides will carry out in-depth R&D cooperation in core technology breakthroughs, product innovation research, and high-end talent training, so as to help Midea Group achieve the strategic goal of "leading in science and technology".

Over 5,000 degrees! The construction of the Shunde Mei School affiliated to East China Normal University started today

Shunde has added another high-level nine-year school. On March 28, the Shunde Mei School affiliated to East China Normal University (tentative name, hereinafter referred to as "the Shunde Mei School of East China Normal University") started construction at the intersection of Huanzhen West Road and Nanyuan West Road, Beijiao Town, Shunde District, with a total investment of about 834 million yuan.

Midea's brand slogan has been upgraded: smart life can be more beautiful

Midea Group recently released a new brand slogan: "Smart life can be more beautiful", and plans to build all its stores into "Midea smart homes". This is not only an upgrade of the brand concept of "the original life can be more beautiful", but also a new interpretation of "beautiful life" in the era of digitalization and the Internet of Things.

For the first time, Guangdong opened a special export train for local home appliance enterprises

On January 20, a Shilong China-Europe train loaded with Midea water heaters, dishwashers and other household appliances, a total of 50 containers of goods, "Midea" special train, departed from Guangdong (Shilong) Railway International Logistics Base and will arrive in Volsino, Moscow, Russia 15 days later, shortening the shipping time by two-thirds. It is reported that this is the first export train for local home appliance enterprises since Guangdong opened the China-Europe train.

Midea Group signed a strategic cooperation agreement with COSCO SHIPPING Group

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.

Fang Hongbo: The momentum is in our line, and it is changing day by day

On January 15, at the intersection of history, at the intersection of history, in the face of great changes unseen in a century, Fang Hongbo, chairman and president of Midea Group, delivered a keynote speech of "Momentum is in our line, changing day by day" to all employees, leading all Midea people to review, be grateful, reflect and introspect together, reconstruct and move forward together.

The home appliance giant has set up a global innovation center in Shanghai, which will attract nearly 10,000 high-end talents in four years

Midea Shanghai Global Innovation Campus is located in Qingpu District, West Hongqiao District. Fang Hongbo said that the Hongqiao section where the project is located is the fulcrum of Shanghai's western spatial development, undertaking the historical task of integrating Shanghai's western space, and is the third economic growth level outside Shanghai's central urban area and Shanghai's Pudong.

Midea: Start anew

In the context of great changes in the internal and external environment, Midea Group re-planned its overall business structure at the end of the year and the beginning of the year, and at the same time upgraded its strategic axis accordingly, started anew and embraced the future.

Midea Group acquired Lingwang Elevator and officially entered the elevator industry

On December 11, the HVAC and Building Division of Midea Group and Lingwang Elevator Co., Ltd. held a merger and acquisition delivery and strategic cooperation launching ceremony at the headquarters of Lingwang Elevator.

Healthy home appliances drive the growth of export sales this year Midea Group Hu Ziqiang: The future internationalization will emphasize more localization layout

Hu Ziqiang, vice president and CTO of Midea Group, said in an interview with the reporter of "Daily Economic News" that due to the impact of the global epidemic, Midea's newly expanded R&D layout may be affected to a certain extent. However, trade frictions will not have an impact on Midea's global R&D and technology layout. "For Midea, the direction of globalization is still very firm, and there are still great opportunities overseas in the future. Next, the globalization of Midea needs more localization layout in research, production and marketing. Hu Ziqiang said.

Zhang Xiaoyi of Midea Group: Further deepen "comprehensive digitalization and comprehensive intelligence" this year

"All of our purpose is for user experience, and it involves all aspects of the entire value chain, and each link is a huge system." On September 27, at the "2020 China Intelligent Manufacturing Industry Annual Conference" hosted by the 21st Century Business Herald, Zhang Xiaoyi, vice president, CIO and president of the IOT business unit of Midea Group, talked about Midea's digital transformation path and said that a good user experience needs the support of the whole value chain.

Midea and OPPO jointly open up the whole link to accelerate the new experience of user consumption upgrades

On the morning of September 25, Midea and OPPO jointly announced the upgrade of their strategic partnership in Shenzhen, and the two sides will be committed to creating the ultimate experience of smart products for users, the scene experience of mutual integration and interoperability, and maximizing the value of bilateral users. Fang Hongbo, Chairman and President of Midea Group, and Chen Mingyong, Founder and CEO of OPPO, attended the signing ceremony of the strategic cooperation.

Midea was selected as the "Lighthouse Factory" of the World Economic Forum, illuminating the road to the development of pan-manufacturing industry

Recently, with its outstanding leadership in the application of Fourth Industrial Revolution technology, Midea Group's residential air conditioning factory in Nansha, Guangzhou, was selected as the latest "Lighthouse Factory" by the World Economic Forum (WEF). As a new member of the global lighthouse network that "illuminates the path to the next stage of normal development of the manufacturing industry", Midea Group has once again demonstrated its extraordinary intelligent manufacturing strength to the world, and its outstanding performance in streamlining operations and improving efficiency has set a new benchmark for the transformation and innovation of global pan-manufacturing enterprises.

From the empowerment of the digital and intelligent upgrading of the pan-manufacturing industry, we can see the magnificent B-end business picture of Midea

There are two sides to beauty. Side A is a home appliance giant, facing the consumer market, and its large and small household appliances have entered hundreds of millions of households around the world and are widely known to the outside world. What is the B-side of beauty? A lot of people don't know and don't see it. Kuka, Meiyun Zhishu, Ande Zhilian and central air conditioning, these are the B-side of beauty that ordinary people feel unfamiliar with.

The leaders of the organizers of the industry fair visited the booth of Midea Group for the first time and praised the digital intelligence and beauty!

On September 15, the 22nd China International Industry Fair (hereinafter referred to as the "Industry Fair") was grandly opened in Shanghai. For the first time, Midea Group brought its "Four Musketeers" Kuka, Meiyun Zhishu, Ande Zhilian and Central Air Conditioning to form the largest enterprise booth at this year's Industry Expo. At 9 o'clock in the morning, accompanied by Gu Yanmin, Vice President of Midea Group and Chairman of the Board of Supervisors of KUKA Group and President of Midea Electric, Wang Jinliang, Vice President of Midea Group, and Wang Hui, CEO of KUKA China, and other senior executives, the leaders of the organizers of the CIIF and Chinese and foreign guests visited the booth of Midea Group.

A picture to understand the 2020 interim report performance of Midea Group

A picture to understand the 2020 interim report performance of Midea Group.

Joined hands with Dutch artists to create an urban slow pop-up store, and Midea opened its first national tour

Slow life in a fast-paced world has become a reality here. On August 29, the "Midea Ideal Life Home" themed urban slow pop-up store jointly created by Midea Group and the well-known Dutch illustrator Rick Berkelmans officially launched the national 21-city tour exhibition plan, and the first stop landed in Wuhan Aviation Road Industry and Trade Plaza, adding a touch of color to the post-epidemic recovery city. It is understood that the urban slow pop-up store will be the first national tour of the Midea and COLMO dual brands under the Midea Group, and consumers can check in and experience in these 21 cities for a limited time, and fully experience the smart slow life with the blessing of smart home appliances.

上半年業績大幅跑贏全行業！美的集團如何“逆流而上”？

8月30日下午，美的集團（000333.SZ）對外發布了2020年上半年財報。公告顯示，今年1~6月份，美的集團實現營業總收入1397億元；實現歸屬上市公司凈利潤為139.28億元。從經營業績上看，美的集團在第二季度已經恢復增長。整個上半年，美的也經受住了考驗，業績表現也是全行業領先。

CCTV "News Network" reported: To build a digital industry chain, Midea does this!

On August 16, CCTV's "News Network" went to Shunde for research and visited Midea's corporate experience in building a digital industrial chain and achieving high-quality development through digital upgrading and transformation of factories.

On the list for five years in a row! Midea Group ranks 307th in the Fortune Global 500

Today, the 2020 Fortune Global 500 list was released. Midea Group ranked 307th, up 5 places from the previous year, and ranked among the world's top 500 companies for five consecutive years.

Midea re-launched a comprehensive strategic transformation

In five years, it has jumped 174 places in the list of the world's top 500, and its market value has repeatedly exceeded 500 billion yuan.

Wang Jianguo: After eight years of the implementation of "global operation", what changes will be made to Midea's globalization strategy?

On July 15, at the 2020 mid-year meeting of Midea, which was attended by all senior executives of Midea, the future of Midea's globalization became a focus topic. In the face of the epidemic and the complex international situation, everyone has their own opinions. Midea's steadfast implementation of the eight-year "global management" strategy seems to have come to a crossroads.

Above the market value of 500 billion, Digital Intelligence and Beauty has accelerated towards a technology group

On July 29, 2020, Midea Group's share price rose 6.7% to close at 71.63 yuan, and its market value stood above 500 billion for the first time, exceeding the combined market value of Gree Electric Appliances and Haier Smart Home. At this time, it has been less than two years since He Xiangjian, the founder of Midea, proposed a market value of 500 billion yuan in October 2018. What happened to Midea in the past two years? Can this change support Midea into a broader future?

The strategic cooperation between Midea and Huawei has been upgraded, opening up joint innovation in a new field of digital intelligence

Today, Midea and Huawei jointly announced the upgrade of their strategic partnership. Taking the opportunity of the development of "5G, AI, and cloud" technology and the upgrade of consumers' full-scenario experience, the two parties will carry out in-depth cooperation in multiple scenarios such as smart home product chips/software/platforms, 5G + industrial Internet, hybrid cloud, and enterprise AI, and build products and solutions with experience innovation, intelligent linkage, and safe and reliable solutions, so as to create a better future of digital intelligence. Fang Hongbo, Chairman and President of Midea Group, and Yu Chengdong, Executive Director of Huawei and CEO of Consumer Business, attended the signing ceremony of the strategic cooperation and held in-depth talks.

The China Patent Award was released, and Midea won the Gold Award again!

Recently, the State Intellectual Property Office released the results of the 21st China Patent Award. In addition to winning the gold award, Midea also won 2 silver awards and 15 patent excellence awards, a total of 18 awards, and the total number of awards won by its enterprises ranked first in the home appliance industry! M Bo just wants to say that the beauty of "Xueba" is really beautiful!

The glory and light of beauty

Midea takes "perfect science and technology, perfect life" as its corporate vision, while serving the public with excellent products, adhering to the goodwill of "greater ability, greater responsibility", actively participating in social welfare and fulfilling social responsibility.

Professor Zhu Ziqiang won the 2021 IEEE Nikola Tesla Award

On July 1, 2020, IEEE announced on its official website that the 2021 IEEE Nikola Tesla Award will be awarded to Professor Zhu Ziqiang, an internationally renowned expert in motor and its control system, an academician of the Royal Academy of Engineering, the founding director of the Motor and Drive Control Research Center of the Academia Sinica of Midea, and the founding director of the GMCC&Welling Shanghai R&D Center, in recognition of his outstanding contributions to the design, modeling, control and application of permanent magnet AC motors and their drives.

12.5 billion yuan! Behind the 618 battle report of Midea leading the home appliance industry......

According to the data released by Midea Group, as of 24 o'clock on June 18, the total sales of Midea's entire network exceeded 12.5 billion yuan, winning the sales championship of smart major appliances, a year-on-year increase of 53%. The three major e-commerce platforms of JD.com, Tmall and Suning have ranked first in the home appliance industry for 8 consecutive years. The sales of 618 exceeded 3.5 billion yuan on the same day, a year-on-year increase of 48%.

Wang Jianguo, Vice President of Midea Group: The online Canton Fair is a test of the digital transformation of enterprises

Recently, a reporter from China Central Radio and Television Station had an exclusive interview with Wang Jianguo at the headquarters of the Midea Group. In addition to introducing the black technology products and VR exhibition halls at this year's exhibition, he also focused on sharing the thoughts that the online Canton Fair brings to enterprises and industries.

Midea and Baoneng Automobile have reached a strategic cooperation to jointly build China's intelligent retail ecosystem

Midea Group Co., Ltd. and Baoneng Automobile Co., Ltd. signed a strategic cooperation framework agreement at Foshan Tanzhou International Convention and Exhibition Center. The two parties will give full play to their respective advantages, focus on intelligent manufacturing, auto parts, new retail models and other aspects, and work together to build China's intelligent retail ecosystem.

Midea IoT and Tencent Cloud have reached a strategic cooperation

On May 28, Midea IoT and Tencent Cloud signed a strategic cooperation framework agreement, Midea Group Vice President and CIO Zhang Xiaoyi, Midea IoT Vice President Chen Shaobo, Tencent Vice President Xu Yiming, Tencent Cloud Vice President Cai Yi and other guests attended the meeting, the two sides will focus on the Internet of Things smart home solutions, carry out AI, big data, content services, smart products and other aspects of in-depth cooperation, work together to promote the intelligence of home appliances and accelerate the implementation of smart life scene services, and jointly promote the development of AIoT strategic emerging industries.

Interview with Jin Jiang, General Manager of Meiyun Intelligent Digital: The Industrial Internet may be the first to break out in the field of new manufacturing

Jin Jiang, general manager of Meiyun Intelligent Digital, said that only when the industrial Internet platform continues to evolve to a deeper level, the cost of sensors can be greatly reduced, and key technologies such as artificial intelligence algorithms and models continue to improve, can the industrial Internet platform blossom and bear fruit in more industries.

專訪美的集團副總裁、首席信息官張小懿：科技驅動基于制造實踐

美的擁有庫卡機器人、智能網關等核心硬件設備，以軟件驅動硬件，基于自建的軟件系統以及50年經驗積累的制造業積淀，走出了頗具特色的發展路徑。

2,000 kilometers away material rescue, how does this private enterprise do it?

In the face of the "epidemic", the strength of one person may be limited, but the strength of a group of people is enough to survive the cold winter.

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