
About Midea Group
Midea Group is a publicly listed company based in Foshan (China) founded in 1968. Manufacturer of robotics, industrial automation, logistics and home appliances. The company has 198,430 employees. Midea Group has completed 3 acquisitions, including CR Wandong, Servotronix and Teka. Its chief executive, as recorded, is Fang Hongbo. Midea Group offers products and services including Smart Home Appliances and Industrial Technology Solutions. Its focus areas include Business Services and Robotics Services. Its legal entity is Midea Group Co., Ltd.
Company details
The company was founded in 1968 in Foshan, China, and operates within the manufacturing sector, focusing on robotics, industrial automation, logistics solutions, and home appliances. Production and distribution activities are centered in China with global reach. In 2022, annual revenues of 52.99 billion were recorded, alongside a net profit of 4.42 billion. Leadership is provided by CEO Fang Hongbo.
- Headquarters Foshan, China
- Employees 198,430
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Website midea-group.com
- Social LinkedIn
- Legal Name Midea Group Co. Ltd. Class A
- Annual Revenue$65.3 B (USD)12.12as on Dec 31, 2025
- Net Profit$6.26 B (USD)13.98as on Dec 31, 2025
- EBITDA$7.54 B (USD)13.36as on Dec 31, 2025
- Employee Count198,430
- Investments & AcquisitionsCR Wandong
& 2 more
Products & Services of Midea Group
Midea Group offers a comprehensive portfolio of products and services, including Smart Home Appliances and Industrial Technology Solutions.
Full home automation services are provided through intelligent products that enhance user experiences.
Sustainable and efficient products are supplied to global industrial clients, focusing on green energy and core components.
People of Midea Group
4 people are tracked at Midea Group (3 in leadership, 1 in team); the tracked headcount is 198,430.
| Name | Role | Group |
|---|---|---|
Fang Hongbo | CEO | Leadership |
Scott Wu | Department Head Of IT Infrastructure & Security | Leadership |
Danish Haider | Head Of Marketing - Middle East | Leadership |
Ziqiang Hu | Senior Advisor | Team |
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IPO & Listings of Midea Group
Midea Group is a publicly listed company on the SZSE with ticker symbol 000333 in China, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Sep 2024
- Listed onHKG: 300
- Listed entityMidea Group Co. Ltd. Class A
- Exchange sectorConsumer durables
- ISINCNE100001QQ5
- Share price83.70 CNY (+1.1% on the day) · 2026-10-14
- Market capitalisation620,802,773,658.12 CNY
- Price to earnings14.4
- EPS (diluted, trailing year)5.83 CNY
- Dividend yield5.19%
- Volume (last session)27,975,993
Financials of Midea Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 457.17B CNY | 43.83B CNY | 52.82B CNY |
| 2024 | 407.76B CNY | 38.45B CNY | 46.60B CNY |
| 2023 | 372.39B CNY | 33.65B CNY | 42.59B CNY |
| 2022 | 344.76B CNY | 29.49B CNY | 36.15B CNY |
| 2021 | 342.33B CNY | 28.49B CNY | 31.56B CNY |
Detailed financial statements for Midea Group
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Investments & Acquisitions by Midea Group
Midea Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CR Wandong, Servotronix and Teka.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Kitchen appliances and sinks are designed and manufactured. | teka.com | Madrid, Spain | 1924 | Jun 2024 | β’β’β’β’ | |
Medical X-ray and MRI equipment is developed and manufactured. | wandong.com.cn | Beijing, China | 1955 | May 2021 | $357.8M | |
Standardized and customized motion control solutions are provided for automation. | servotronix.cn | China | 0 | Feb 2017 | β’β’β’β’ |
Complete acquisition details for Midea Group
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Timeline of Midea Group
5 dated milestones of Midea Group across 56 years, from founding to its latest funding, stage changes and deals.
- Founded Midea Group is founded.
- Acquisition Acquires Servotronix.
- Acquisition Acquires CR Wandong.
- Acquisition Acquires Teka.
- IPO Lists on the stock exchange (IPO).
Web traffic of Midea Group
The website of Midea Group (midea-group.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 20.2% vs previous month
Websites whose visitors overlap most with Midea Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mideapakistan.com | mideapakistan.com | 100% | #1,475,330 | β | |
jalalelectronics.com | jalalelectronics.com | 92% | #1,090,364 | β | |
| whirlpoolcorp.com | 92% | 83.4K | #416,645 | View details | |
pakref.com | pakref.com | 92% | #539,649 | β | |
| midea.com | 92% | 3.2M | #10,941 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 7 similar websites and full traffic analytics for Midea Group
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Related news about Midea Group
Complete news archive for Midea Group
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Frequently Asked Questions about Midea Group
Midea Group was founded in 1968.
Midea Group is headquartered in Foshan, China. It is registered at Foshan, Guangdong, China.
Fang Hongbo is the CEO of Midea Group, as recorded in our data.
Midea Group has 198,430 employees.
Annual revenue of Midea Group is $65.3B as on Dec 31, 2025.
The company was founded in 1968 in Foshan, China, and operates within the manufacturing sector, focusing on robotics, industrial automation, logistics solutions, and home appliances. Production and distribution activities are centered in China with global reach. In 2022, annual revenues of 52.99 billion were recorded, alongside a net profit of 4.42 billion. Leadership is provided by CEO Fang Hongbo.
Midea Group offers Smart Home Appliances and Industrial Technology Solutions.
Yes, Midea Group is publicly traded on SZSE under the ticker symbol 000333.
Midea Group has made 3 acquisitions, including CR Wandong, Servotronix, and Teka.
Midea Group operates through Midea Group Co., Ltd.
