Built in 1968, Midea Group is a large-scale comprehensive and modernized enterprise group mainly engaged in home appliance industry and involved in real estate, logistics and other fields, and it is one of the largest home appliance production bases and export bases in China.
In 1980, Midea formally entered the home appliance industry; in 1981 began to use the Midea brand; in 2001, Midea transformed into a private enterprise; in 2004, Midea successive acquisitions of Hefei Rongshida and Guangzhou Hualing, to continue to home appliance industry bigger and stronger.
At present, Midea Group employs 70,000 people and owns more than 10 brands such as Midea and Welling, etc. In addition to its headquarters in Shunde, it also has ten production bases in Guangzhou, Zhongshan, Wuhu, Anhui Province, Wuhan, Hubei Province, Huai'an, Jiangsu Province, Kunming, Yunnan Province, Changsha, Hunan Province, Hefei, Anhui Province, Chongqing, Jiangsu Province, etc., with a total land area of 7 million square meters; the marketing network spreads throughout the country, and in the U.S.A., Germany, Japan, Hong Kong, South Korea, Canada and the United States.
Midea has 10 branches in the United States, Germany, Japan, Hong Kong, South Korea, Canada, Russia and other places.
Midea Group's main products include household air-conditioners, commercial air-conditioners, large central air-conditioners, fans, rice cookers, refrigerators, microwave ovens, water dispensers, washing machines, electric heaters, dishwashers, induction cookers, water heaters, cooking stoves, sterilizers, hotplates, electric ovens, vacuum cleaners, small daily appliances and other household appliances of all sizes, and compressors, motors, magnetrons, transformers, magnetized wires, and other home appliances supporting the product. China's largest and most complete air-conditioning industry chain and microwave oven industry chain, with China's largest and most complete small home appliances and kitchen utensils industry cluster.
In August 2005, the Ministry of Commerce announced the "2004 China's largest exports of 200 enterprises" list, Midea ranked 57th. September 2005, the National Bureau of Statistics, China's industry enterprise information dissemination center announced the "2004 China's 500 largest enterprises (groups) In September 2005, the National Bureau of Statistics China Industry Enterprise Information Release Center announced the "2004 China's largest 500 large enterprises (groups)", Midea was ranked 59th.