Midea Headquotter at Industry Avenue, Beijao, ShunDe, Guangdong, P.R.China
MIDEA Group today - step on 17 place atTOP100 Chinese Enterprises (2010)!
Midea Mission:
Create a beautiful life for human beings
Midea Core Value:
- Care for people
- Rational pursuit
- Innovative reform
- Authorized operation
- Cooperating & sharing
Midea Spirit:
- Open
- Harmonious
- Practical
- Innovative
Midea key-point Air-Conditioner Business History:
Mr He Xiangjian Started with only RMB 5,000 to open a workshop for the production of bottle lids in Beijiao, Shunde in 1968
1980-Started Fan Business and entered into home appliances field
1981-Legally Resisted “Midea” trademark
1985-Started RAC Business
1993-IPO in Shenzhen Stock Exchange
1999-Acquired GMCC and entered into compressor field
2002-Start cooperation with Ukraine distributor
2004-JV with Toshiba-Carrier, Acquire Hualing Group, Royalstar JV, Qingjiang Motor, Set up Chongqing Midea General
2007-Establish Vietnam Production Base
2009-Acquire Little Swan, Set up FMCC
2010-Midea Group sales revenue break through RMB 100 billion
2011-JV with Carrier LA
2012-JV with Carrier India
2013-Midea Group IPO in Shenzhen Stock Exchange
2014-Agree "3 х 3- years" Evolution and Corporate Development Plan, by heir of president He Xiangjian- chairman Mr.Paul Fang
Market Share (2013)
and competitorships results
