Midea Group Profile Midea Group Profile

1. Midea Group (SZ.000333) is a science and technology group integrating consumer appliances, HVAC, robots and automation systems, intelligent supply chain, chip industry and elevator industry.

2. 1968 was established in Shunde, China, and now it is headquartered in Beixin Town, Shunde, Guangdong. It has about 200 subsidiaries, more than 60 overseas branches and 10 strategic business units around the world, and is also the most important shareholder (about 95%) of the German KUKA Group. Midea's group business includes consumer appliances business mainly including kitchen appliances, refrigerators, washing machines and various small household appliances; HVAC business, focusing on heating and ventilation systems, such as household air conditioners and central air conditioners; Robot and industrial automation system business with Germany KUKA Group and Midea Robot Company as the core; Intelligent supply chain business with Andrew Zhilian as the integrated solution service platform; Chip business of Ren Mei Semiconductor Company.