Midea Group Company Description
Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally.
It operates through four segments: Heating & Ventilation, as well as Air-Conditioner; Consumer Appliances; Robotics and Automation system; and Others.
The company offers residential air-conditioner, central air-conditioner, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, various small appliances, elevators, variable frequency drives, medical imaging products, and robotics and automation system It also provides core components, such as compressors, motors, chips, valves, reducers, auto parts, motion control and automation, high and low-voltage variable frequency drive, energy storage and cooling modules under the GMCC, Welling, CLOU Electronics, HICONICS, SERVOTRONIX, MR, MOTINOVA, MSCT, TOSHIBA, and SUNYE brand name.
In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields and related solutions for health care, entertainment, new consumption, etc.; as well as smart supply chain solutions.
Further, the company engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer’s credit, and finance leasing services.
Additionally, it provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China.
Country | China |
Founded | 1968 |
Industry | Furnishings, Fixtures & Appliances |
Sector | Consumer Discretionary |
Employees | 198,613 |
CEO | Hongbo Fang |
Contact Details
Address: Midea Headquarters Building Foshan, 528311 China | |
Phone | 86 757 2633 8888 |
Website | midea.com |
Stock Details
Ticker Symbol | 000333 |
Exchange | Shenzhen Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | CNY |
ISIN Number | CNE100001QQ5 |
SIC Code | 3630 |
Key Executives
Name | Position |
---|---|
Hongbo Fang | Chairman and Chief Executive Officer |
Zheng Zhong | Vice President, Chief Financial Officer and Director of Finance |
Chang Wei | Vice President and Chief Technology Officer |
Peng Jiang | Joint Company Secretary and Investor Relations Director |
Wenxin Zhao | Chief People Officer and Director of Human Resources |
Dr. Yanmin Gu | President of the Robotics and Automation Division, Vice President and Non-Independent Director |
Jinliang Wang | Vice President |
Jianguo Wang | Vice President, Co-President of the Smart Home Business Group, President of International Business and Director |
Xiaoyi Zhang | Vice President and Chief Digital Officer |
Yongjun Fu | Vice President, President of the Industrial Technology Business Group and Director |