What is the relationship between Midea Real Estate and Midea Group?

Enterprise is the relationship between Midea Group, subsidiary and parent company.

Midea Real Estate is a real estate company under Midea Group, mainly engaged in real estate development, sales and property management. As a subsidiary of Midea Group, Midea Real Estate has close business ties and cooperation with its parent company.

Midea real estate can expand its market share with the help of Midea Group's brand influence and resource advantages; Midea Group can also achieve diversified development through the business expansion of Midea Real Estate.