Midea Group

Midea Group (Chinese: 美的集团; pinyin: Měidì Jítuán) is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange. As of 2021, the firm employs approximately 150,000 people in China and overseas with 200 subsidiaries and over 60 overseas branches. Midea Group is listed on Shenzhen Stock Exchange since 2013. It has been listed on the Fortune Global 500 since July 2016. Midea produces lighting, water appliances, floor care, small kitchen appliances, laundry, large cooking appliances, and refrigeration appliances. It is the largest microwave oven manufacturer, and acts an OEM for many brands. It also has a long history in producing home and commercial products in heating, ventilation and air conditioning (HVAC). It is the world's largest producer of robots and appliances.

Midea Group
Company typePublic
SZSE: 000333
IndustryHome appliance
Electrical devices
Founded1968 (1968)
FounderHe Xiangjian
Headquarters,
China
Key people
Paul Fang (Chairman)
ProductsMajor appliances
Small appliances
Revenue CN¥343.4 billion (2021)
CN¥033.281 billion (2021)
CN¥029.015 billion (2021)
Total assets CN¥387.946 billion (2021)
Total equity CN¥0124.868 billion (2021)
OwnerHe Xiangjian
(via Chinese: 美的控股; lit. 'Midea Holding'; 31.51%)
Number of employees
About 150,000 (2021)
Subsidiaries
GD Midea(100%)
KUKA(94.55%)
Eureka

Chinese name
Simplified Chinese美的集团
Traditional Chinese美的集團
Literal meaningMidea Group
Midea Group Co., Ltd.
Simplified Chinese美的集团股份有限公司
Traditional Chinese美的集團股份有限公司
Literal meaningMidea Group, Company Limited by Shares
Websitemidea-group.com
Footnotes / references
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