Midea is a leading global player in consumer appliances, Heating, Ventilation and Air-Conditioning (HVAC) systems,Robot,and Industrial automation systems, with diversified product offering, encompassing air-conditioners, refrigerators, laundry appliances, kitchen appliances and various small home appliances. Midea is committed to build a better life by adhering to the principle of “Creating Value for Customers”. Midea is focused on continuous technological innovation, including robotics, to improve product and service quality, to make life more comfortable and pleasant.
Founded in 1968 in Guangdong, China, Midea has now established a global platform of more than 200 subsidiaries and ten strategic business units. Midea had total revenues of over EUR 18.7 billion in the fiscal year ending December 31, 2015 and approximately 110,000 employees worldwide. Midea runs 21 manufacturing sites globally and operates 260 logistics centres. Midea is a private company listed on the Shenzhen Stock Exchange (000333). Midea has a diversified investor base with approximately 20 percent of shares held by international institutional investors.