Midea Group Co Ltd Ordinary Shares - Class H (1520)

Profile

https://www.midea.com

Midea Group Co., Ltd. is a leading global manufacturer specializing in household appliances, climate control systems, and automation technology. Established in 1968 and headquartered in Foshan, China, the company operates across four core segments: heating and ventilation (including air conditioners), consumer appliances, robotics and automation systems, and other diversified products. Its extensive portfolio encompasses residential and commercial air conditioners, refrigerators, washing machines, kitchen appliances, and various small electrical devices. Midea also provides integrated building solutions, industrial robotics, automatic logistics, and supply chain services, reflecting its commitment to digital transformation and smart home markets. Renowned for large-scale production and OEM partnerships, Midea is the world’s largest producer of microwave ovens and a major supplier for numerous global appliance brands. The group has expanded internationally with multiple subsidiaries and brands, such as Little Swan and KUKA, reinforcing its position within the consumer durables sector. Midea Group is widely recognized for innovation and scale, holding a prominent role in driving advancements in home automation and industrial robotics, and is consistently listed among the Fortune Global 500 companies.