Midea(美的集团)
Fast facts
- Year Founded
- 1968
Source: Midea Groupwww.midea-group.com/About-Us
- HQ Location
- Foshan, Guangdong, China
- Publicly Traded?
- Yes
Shenzhen Stock Exchange: 000333Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
- Overseas Operations
- Yes
Its business covers more than 200 countries and regions. Overseas, Midea has 18 R&D centers and 17 major manufacturing bases in more than ten countries, with around 30,000 employees. 22 currencies are used by Midea in settlement.Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
2020 revenue was reported in RMB and was converted to dollars using the exchange rate from November 4, 2021.Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
*2020 revenue was reported in RMB and was converted to dollars using the exchange rate from November 4, 2021.
Valuation
Valuation is reported as market capitalization. It was converted from RMB using the exchange rate from June 26, 2022 13:48:18.Source: Yahoo Financefinance.yahoo.com/quote/000333.SZ/key-statistics
*Valuation is reported as market capitalization. It was converted from RMB using the exchange rate from June 26, 2022 13:48:18.
Employees
Source: Midea Groupwww.midea-group.com/About-Us
Midea Group is a leading global high-technology company ranked No. 288 in the 2021 Global Fortune 500. Midea Group’s business goes beyond home appliances, including business pillars like HVAC, robotics and automation, smart home devices and IoT, as well as smart logistics and components.
In October 2021, Midea Group has launched the first version of its internet of things operating system, backed by Huawei’s HarmonyOS.
Top 10 common shareholders
Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
-
- Name
- Ownership
-
- Midea Holdings
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 31.06%
- Midea Holdings
-
- Hong Kong Securities Clearing Company Limited (HKSCC)
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 18.61%
- Hong Kong Securities Clearing Company Limited (HKSCC)
-
- China Securities Finance
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 2.84%
- China Securities Finance
-
- Fāng Hóngbō
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 1.68%
- Fāng Hóngbō
-
- Canada Pension Plan Investment Board (CPPIB)
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 1.49%
- Canada Pension Plan Investment Board (CPPIB)
-
- Central Huijin Asset Management
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 1.29%
- Central Huijin Asset Management
-
- Huáng Jiàn
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 1.23%
- Huáng Jiàn
-
- Lì Jiànwěi
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 0.72%
- Lì Jiànwěi
-
- Huáng Xiǎoxiáng
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 0.56%
- Huáng Xiǎoxiáng
-
- Yuán Lìqún
Source: Qichachawww.qcc.com/firm/eac35f7cb2922037a2f7e0525d8cf0cb.html
- 0.54%
- Yuán Lìqún
- Fang Hongbo (方洪波), Chairman of the Board and CEO He Jianfeng (何剑锋), Director Yin Bitong (殷必彤), Director and Vice President Gu Yanmin (顾炎民), Director and Vice President Yu Gang (于刚), Director Xue Yunkui (薛云奎), Independent Director Guan Qingyou (管清友), Independent Director Han Jian (韩践), Independent Director Dong Wentao (董文涛), Chairman of the Supervisory Committee Zhao Jun (赵军), Supervisor Liang Huiming (梁惠铭), Employee Supervisor Zhong Zheng (钟铮), Director of Finance Jiang Peng (江鹏), Board Secretary
Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
Its business covers more than 200 countries and regions. Overseas, Midea has 18 R&D centers and 17 major manufacturing bases in more than ten countries, with around 30,000 employees. 22 currencies are used by Midea in settlement.
Source: Midea Group 2020 Annual Reportwww.midea-group.com/asset/Midea-Group/Midea-Group—Humanizing-Technology—Annual-Report-2020—30Apr2021.pdf
Midea Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies’ affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status.
The latest news on Midea from SupChina
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The latest news on Midea from across the web
MIDEA TO BECOME LARGEST CONTRIBUTING PARTNER FOR NYCFC FOUNDATION 'CITY IN THE COMMUNITY' (CITC)
/PRNewswire/ — Midea America and New York City Football Club (NYCFC) announced a collaboration on philanthropic efforts for the 2022 season, with a focus on…
投资110亿元！美的新能源汽车零部件战略新基地奠基开工
From AC to EV: One of China’s biggest air conditioner and white goods manufacturers, Midea 美的, is entering the electric vehicle industry with plans to invest 11 billion yuan ($1.73 billion) to build new plants in Anhui Province to make new energy vehicle components.
