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Midea Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of electrical appliance in China and internationally. The company operates in Smart Home System, Building Technology, Robotics and Automation, and Industrial Technology, and Other Innovative Business. It offers smart home products such as household air conditioners, central air conditioners, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, and various small appliances; commercial and industrial solutions, including products and services, such as elevators, high and low voltage frequency converters, medical imaging products, robots, and automation systems; and other businesses including smart supply chain, sales, wholesale and processing of household appliance raw materials, as well as financial businesses, such as deposit taking, interbank lending, consumer credit, buyer credit, and financial leasing. Additionally, it provides Internet of Things solutions. Midea Group Co., Ltd. was founded in 1968 and is based in Foshan, China.
www.midea.com.cn ↗| Mr. Hongbo Fang | President & Chairman | 58 | 1,896,919 CNY |
| Mr. Jianguo Wang | Chief Executive Officer & Director | 48 | 1,654,189 CNY |
| Ms. Zheng Zhong | Vice President, CFO & Finance Director | 44 | — |
| Ms. Shu Gao | Board Secretary, Joint Company Secretary & Investor Relations Director | 42 | — |
| Ms. Wenxin Zhao | VP & Chief People Officer | 43 | — |
| Dr. Yanmin Gu | President of the Robotics & Automation Division, VP and Non-Independent Director | 62 | 1,318,619 CNY |
| Mr. Jinliang Wang | Vice President | 58 | — |
| Mr. Xiaoyi Zhang | VP & Chief Digital Officer | 51 | — |
| Mr. Jinwei Guan | VP, President of the Building Technologies Division & Non-Independent Director | 44 | 1,602,079 CNY |
| Mr. Guolin Li | VP and Director of Quality, Supply chain management & Intelligent Manufacturing | 48 | — |
| Year | Buybacks | Dividends | Acquisitions |
|---|---|---|---|
| 2021 | — | — | 2,029 |
| 2022 | — | 13,461 | 962 |
| 2023 | — | 19,311 | 1 |
| 2024 | — | 22,412 | — |
| 2025 | — | 32,531 | 6,155 |
Shares outstanding since 2025: +5.3% 7.25 bn → 7.63 bn. Fewer shares — the company buys them back and each holder owns more.