Chinese home appliance manufacturer and air conditioner OEM
Midea Group
Midea's headquarters in Beijiao
Company type
Public
Traded as
SZSE: 000333
Industry
Home appliance Electrical devices
Founded
1968; 56 years ago (1968)
Founder
He Xiangjian
Headquarters
Beijiao, Shunde District, Foshan city, Guangdong province
,
China
Key people
Paul Fang (Chairman)
Products
Major appliances Small appliances
Revenue
CN¥343.4 billion (2021)
Operating income
CN¥033.281 billion (2021)
Net income
CN¥029.015 billion (2021)
Total assets
CN¥387.946 billion (2021)
Total equity
CN¥0124.868 billion (2021)
Owner
He 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 meaning
Midea Group
Transcriptions
Standard Mandarin
Hanyu Pinyin
Měidì jítuán
Yue: Cantonese
Yale Romanization
Méihdīk jaahptyùhn
Jyutping
Mei5dik1 zaap6tyun4
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 meaning
Midea Group, Company Limited by Shares
Transcriptions
Standard Mandarin
Hanyu Pinyin
Měidí jítuán gǔfèn yǒuxiàn gōngsī
Yue: Cantonese
Yale Romanization
Méihdīk jaahptyùhn gúfán yáauhhaahn gūngsī
Jyutping
Mei5dik1 zaap6tyun4 gu2faan2 jau5haan6 gung1si1
Website
midea-group.com
Footnotes / references [1]
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 employed approximately 150,000 people in China and overseas with 200 subsidiaries and over 60 overseas branches.[2] Midea Group is listed on Shenzhen Stock Exchange since 2013. It has been listed on the Fortune Global 500 since July 2016.[3][4] 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.[5] 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 industrial robots and appliances.[6]
^2021 Annual Report (PDF) (Report). Midea Group. 30 April 2022. Retrieved 30 August 2022 – via Midea Group website.
^"Midea Group on the Forbes World's Best Employers List". Forbes. Retrieved 2019-02-15.
^"Midea Group #481". Fortune. Archived from the original on 2017-05-22. Retrieved 2016-09-06.
^Group, Midea. "Midea Enters Fortune Global 500 for the First Time". www.prnewswire.com (Press release). Retrieved 2016-09-06.
^"The Best Microwave". The New York Times. 2022-04-21. ISSN 0362-4331. Retrieved 2023-01-20.
^"Kuka's CEO plans for robot domination in China and your garage". The Business Times.
MideaGroup (Chinese: 美的集团; pinyin: Měidì Jítuán) is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan...
Midea may refer to: MideaGroup (美的集团), a Chinese electrical appliance manufacturer Midea, Greece, a Greek town Midea (Argolid), a citadel in the town...
In 2016, the company was acquired by Chinese appliance manufacturer MideaGroup. The KUKA Robotics Corporation has 25 subsidiaries in the United States...
方洪波; pinyin: Fāng Hóngbō), is the current Chairman and President of MideaGroup., a Fortune 500 company, and the largest producer of major appliances...
Telles und Lemann families (33.6%) 26 Hanwha Group South Korea 46.8 Kim family (38.1%) 27 MideaGroup China 43.5 He family (32.0%) 28 Tyson Foods United...
funding round led by Tencent and joined by Daimler AG, Hyundai Motors, MideaGroup, and Orange S.A. In November 2021, Soundhound first announced the merger...
near-religious devotion. In Nov. 2017, Instant Pot's Facebook group had over 750,000 members. The group gained more than 10,000 members in 30 days from mid-October...
family name of its founder, He Jianfeng,[clarification needed] son of MideaGroup founder He Xiangjian. The overall design philosophy of the architecture...
(regardless of brand) sold in the United States were manufactured by the MideaGroup. Domestic microwave ovens are typically marked with the microwave-safe...
stake. In 2007, the Mideagroup transferred its entire stake in the company to the Infore Group. He Jianfeng (son of MideaGroup founder He Xiangjian)...
2018, the ten largest companies as calculated by this method were: As a group, the Forbes Global 2000 in year 2018 accounts for $39.1* trillion in sales...
electrical appliance corporation MideaGroup bought a controlling 80.1% stake in the Toshiba Home Appliances Group. In late December 2016, the management...
The chair of Tencent 4 49 He Xiangjian 81 28.3 -US$9.4B Co-founder of MideaGroup 5 55 William Ding 52 25.2 -US$7.8B The CEO of Netease 6 56 Wang Wei 53–54...
by revenue". Fortune. Retrieved 19 January 2024. "China National Erzhong Group Co., Ltd.: Private Company Information". Bloomberg. Retrieved 25 November...
Maytag was purchased by MideaGroup. Four years later, with a large-scale reform of state-owned enterprises in Hefei, Rongshida Group began its restructuring...
Financials China Mobile SSE: 600941 SEHK: 941 2.1 Telecommunications MideaGroup SZSE: 000333 1.93 Consumer Discretionary Bank of China SSE: 601988 SEHK: 3988...
(was known as FTSE–Xinhua China A50 Index) is a stock market index by FTSE Group (FTSE–Xinhua joint venture until 2010), the components were chosen from...
Midea Station (Chinese: 美的站; pinyin: Měidì Zhàn; Jyutping: mei5dik1 zaam6) is a station of Guangzhou Metro Line 7, located underground on the northwest...
national or local enterprises such as the Hongta Group, the Haier Group, the MideaGroup and the Shenma Group. An agreement of production, study and research...
Konka Group Co., Ltd. (Chinese: 康佳集团; pinyin: Kāngjiā Jítuán) is a Chinese manufacturer of electronics products headquartered in Shenzhen, Guangdong and...
Global Information
CN¥343.4 billion (2021)