Midea Group Co., Ltd. (000333.SZ) SHZ

82.00

+0.11(+0.13%)

Updated at December 05 02:08PM

Currency In CNY

Midea Group Co., Ltd.

Address

Midea Headquarters Building

Foshan, 528311

China

Phone

86 75 7226 07708

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

198432

First IPO Date

September 18, 2013

Key Executives

NameTitlePayYear Born
Mr. Hongbo FangChairman & Chief Executive Officer13.78M1967
Mr. Jinwei GuanVice President, President of the Building Technologies Division & Non-Independent Director5.77M1981
Dr. Yanmin GuPresident of the Robotics & Automation Division, Vice President and Non-Independent Director6.15M1963
Mr. Jianguo WangVice President, Co-President of the Smart Home Business Group, President of International Business & Director11.61M1977
Mr. Chang WeiVice President & Chief Technology Officer01964
Ms. Shu GaoBoard Secretary, Joint Company Secretary & Investor Relations Director01983
Ms. Wenxin ZhaoVice President, Chief Talent Officer & Human Resources Director01982
Mr. Xiaoyi ZhangVice President & Chief Digital Officer01974
Ms. Zheng ZhongVice President, Chief Financial Officer & Financial Controller01981
Mr. Jinliang WangVice President01967

Description

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.