Why does Midea's stock keep falling?

In the past two years, the share price of Midea Group (000333) has continued to rise, and the momentum is very fierce. Just like a car that can't stop, it is still running forward after the finish line, which seriously overdraws the upward momentum for some time to come.

In other words, Midea Group is superior to Gree Electric in terms of growth, enterprise mechanism, diversified layout, corporate culture, management team and other comprehensive competitiveness factors, but it is not good enough to surpass Gree by 300 billion.

If Midea's share price wants to continue to rise, it must inject more new kinetic energy, such as making a major breakthrough in the layout of new industries, seeing the effect of smart home layout, making great progress in the international market, making substantial gains in the layout of industrial Internet, and making the brand high-end obvious, and so on.

Midea group co., ltd

English name MideGroup Limited.

Name used-

A-share code 000333 A-share abbreviation Midea Group

B-share code-B-share abbreviation-

H-share code-short for H-share-

A-share securities on the main board of Shenzhen Stock Exchange belong to Cai Dong industry and home appliance industry.

Shenzhen Stock Exchange, a listed exchange, belongs to the manufacturing industry of CSRC-electrical machinery and equipment manufacturing industry.

General Manager Fang Hongbo, Legal Representative Fang Hongbo

Fang Hongbo, Chairman of the Board of Directors Jiang Peng.

Securities affairs representatives, especially independent directors Guan Qingyou, Xue Yunkui.

Tel 0757-22607708 E-mail IR@midea.com

Fax 0757-26605456 Company Website www.midea.com

Office Address Midea Headquarters Building, No.6 Di Mei Avenue, Beijiao Town, Shunde District, Foshan City, Guangdong Province Registered Address Midea Headquarters Building, No.6 Di Mei Avenue, Beijiao Town, Shunde District, Foshan City, Guangdong Province

The postal code of Guangdong is 5283 1 1

The registered capital is (RMB) 6.985 billion, industrial and commercial registration 914406067247344c.

Number of employees 149239 Number of managers 22

Law Firm Beijing Jiayuan Law Firm Certified Public Accountants PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership)

Midea Group Co., Ltd. is a technology group of consumer appliances, HVAC, robotics and automation systems, and intelligent supply chain (logistics), providing diversified product categories, including kitchen appliances, refrigerators, washing machines and various small household appliances. HVAC business, including household air conditioning, central air conditioning, heating and ventilation systems; Robot and industrial automation system business with KUKA Group and An Chuan Robot Joint Venture as the core; Intelligent supply chain business with Andrew Zhilian as the integrated solution service platform. Midea adheres to the principle of "creating value for customers" and strives to create a better life. Midea focuses on continuous technological innovation, improving the quality of products and services, and making life more comfortable and better.

Scope of business Production and operation of household appliances, motors and their parts; R&D, manufacturing, sales, installation, maintenance and after-sales service of central air conditioning, heating equipment, ventilation equipment, heat pump equipment, lighting equipment, gas equipment, compressors and related general equipment, special equipment, household air conditioning equipment and its parts; Engaged in the import, export, wholesale and processing of household appliances, raw materials and spare parts for household appliances (commodities that do not involve state-run trade management and are subject to quota and license management shall be handled according to state regulations); Information technology services; Providing investment consulting and management services for enterprises; Computer software and hardware development; Installation, maintenance and after-sales service of household appliances; Industrial product design; Hotel management; Advertising agency; Property management; Research, development, sales and promotion of engineering technology required by enterprises; Invest in the financial industry. (Projects whose business scope involves administrative license must be operated with valid license or approval certificate)