Midea Group

Foshan, China Founded: 1968 • Age: 58 yrs Listed
Manufacturer of robotics, industrial automation, logistics and home appliances

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
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website midea-group.com
  • Social LinkedIn
  • Legal Name Midea Group Co. Ltd. Class A
Key Metrics
  • Annual Revenue
    $65.3 B (USD)
    12.12
    as on Dec 31, 2025
  • Net Profit
    $6.26 B (USD)
    13.98
    as on Dec 31, 2025
  • EBITDA
    $7.54 B (USD)
    13.36
    as on Dec 31, 2025
  • Employee Count
    198,430
  • Investments & Acquisitions
    CR 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.

Smart Home Appliances
Consumer Electronics

Full home automation services are provided through intelligent products that enhance user experiences.

Industrial Technology Solutions
Industrial Services

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.

NameRoleGroup
Fang Hongbo
CEOLeadership
Scott Wu
Department Head Of IT Infrastructure & SecurityLeadership
Danish Haider
Head Of Marketing - Middle EastLeadership
Ziqiang Hu
Senior AdvisorTeam
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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

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025457.17B CNY43.83B CNY52.82B CNY
2024407.76B CNY38.45B CNY46.60B CNY
2023372.39B CNY33.65B CNY42.59B CNY
2022344.76B CNY29.49B CNY36.15B CNY
2021342.33B CNY28.49B CNY31.56B CNY
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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Kitchen appliances and sinks are designed and manufactured.
teka.comMadrid, Spain1924Jun 2024β€’β€’β€’β€’
Medical X-ray and MRI equipment is developed and manufactured.
wandong.com.cnBeijing, China1955May 2021$357.8M
Standardized and customized motion control solutions are provided for automation.
servotronix.cnChina0Feb 2017β€’β€’β€’β€’
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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.

  1. Founded Midea Group is founded.
  2. Acquisition Acquires Servotronix.
  3. Acquisition Acquires CR Wandong.
  4. Acquisition Acquires Teka.
  5. 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 visits
    1.3K

    ▲ 20.2% vs previous month

Similar websites

Websites whose visitors overlap most with Midea Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mideapakistan.com
mideapakistan.com
100%
#1,475,330–
jalalelectronics.com
jalalelectronics.com
92%
#1,090,364–
whirlpoolcorp.com
92%
83.4K#416,645View details
pakref.com
pakref.com
92%
#539,649–
midea.com
92%
3.2M#10,941View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about 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.

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