The founder of Midea is He Xiangjian, born in 1942, a native of Shunde, Guangdong Province. In May 1968, he collected 5,000 yuan and founded the "North Street Office Plastic Production Group", and in 1980 he started to manufacture fans and entered the home appliance industry.
In 1992, he resolutely pushed Midea to carry out the transformation of the shareholding system; in 2001, he completed the acquisition of the shares of the company's top managers to further improve the modern enterprise system. In 2001, the company completed the acquisition of equity of senior managers, to further improve the modern enterprise system. 2012 August 26, He Xiangjian stepped down as chairman of Midea Group. Currently, he is the chairman of Midea Holdings Limited and the honorary chairman of Guangdong Province and the Charity Foundation.Extended information:
Personal performance
In 1998, Midea participated in the reorganization of debt and equity of Toshiba-Vanguard Refrigeration Equipment Co. Ltd. was established in Guangdong Province. By utilizing the complementary advantages of Midea and Toshiba, and at the same time adding a huge amount of capital. Invested in remodeling production bottlenecks, set up R&D team to develop products suitable for the Chinese market.
In 1999, Mitsubishi turned a loss into a profit and entered a benign development track. By 2007, Meiji has realized an annual output of 13 million units, annual sales of 5 billion yuan. It ranked first in China's compressor industry market.
In 1998, the U.S. reorganization of huge losses Wuhu Liguang Air Conditioning Co. The formation of the United States Wuhu regional strategic development base. Through 10 years of development, the United States has Wuhu into a major air-conditioning production base in China. 2007 output of nearly 5 million sets. The output value is nearly 10 billion dollars. It has become a star enterprise in Anhui Province and even in East China.
Baidu Encyclopedia - He Xiangjian