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Midea Group (sz.000333) is a large comprehensive enterprise group focusing on home appliance manufacturing. It was listed on the Shenzhen Stock Exchange on September 18, 2013. It has two listed subsidiary companies, cygnet (sz000418) and welling Holdings (hk00382).
Midea is a leading global enterprise in consumer appliances and HVAC systems, providing a wide range of products, including air conditioners, refrigerators, washing machines, kitchen appliances and various small appliances. Midea adheres to the principle of "creating value for customers" and is committed to creating a better life. Midea focuses on continuous technological innovation to improve the quality of products and services and make life more comfortable and better.
Founded in 1968 in Guangdong, China, Midea has established a global platform with about 200 subsidiaries and 9 strategic business units. Midea achieved revenue of more than 18.7 billion euros in the financial year ended December 31, 2015, and has about 100000 employees worldwide. Midea operates 21 production bases and about 260 logistics warehouses around the world. Midea is a private enterprise (000333) listed on Shenzhen Stock Exchange. Its diversified share structure shows that nearly 20% of its shares are held by international institutional investors.
In 2015, Midea Group entered the Forbes Global 500. In the same year, Midea ranked 32nd in China's fortune 500 list, ranking first in the home appliance industry.
In 2015, Midea became the first Chinese household appliance enterprise to obtain three international credit ratings of S & P, Fitch and moody's. The rating results are in a leading position in the global household appliance industry and domestic private enterprises;
In the 2015 (21st) top 100 Chinese brand value list of Ruifu global, Midea ranked sixth in the list of China's most valuable brands with 71.611 billion.
As of 2015, the company has granted 21581 patents in total.
As of 2015, Midea Group has donated nearly 700 million yuan to social welfare undertakings.
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