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.
The company operates through four segments: Smart Home Business, Smart Building Technology, New Energy and Industrial Technology, and Others.
It offers household air-conditioner, central air-conditioner, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, various small household appliances, elevators, high and low voltage inverters, medical imaging products, and robotics and automation system.
The company also provides core components, such as compressors, motors, chips, valves, reducers, automotive parts, energy storage, photovoltaics, reducers, and automation.
In addition, it provides building solutions; industrial machines robotics, logistics automation systems, and transmission systems for related solutions for medical, entertainment, and new consumer fields; as well as smart supply chain solutions.
Further, the company engages in sale, wholesale, and processing of raw materials for consumer appliances; and the provision of financial services, such as deposit taking, interbank lending, consumer credit, buyer's credit, and financial leasing services.
Additionally, it provides Internet of Things solutions. Midea Group Co., Ltd. was founded in 1968 and is based in Foshan, China.
| Country | China |
| Founded | 1968 |
| Industry | Furnishings, Fixtures & Appliances |
| Sector | Consumer Discretionary |
| Employees | 198,432 |
| CEO | Hongbo Fang |
Contact Details
Address: Midea Headquarters Building Foshan, 528311 China | |
| Phone | 86 757 2633 8888 |
| Website | mideahk.com |
Stock Details
| Ticker Symbol | MGCLY |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | CNY |
| SIC Code | 3630 |
Key Executives
| Name | Position |
|---|---|
| Hongbo Fang | Chairman and Chief Executive Officer |
| Zheng Zhong | Vice President, Chief Financial Officer and Financial Controller |
| Chang Wei | Vice President and Chief Technology Officer |
| Shu Gao | Board Secretary, Joint Company Secretary and Investor Relations Director |
| Wenxin Zhao | Vice President, Chief Talent Officer and Human Resources Director |
| 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 |
| Jinwei Guan | Vice President, President of the Building Technologies Division and Non-Independent Director |