Midea Group

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Midea Group (Chinese: 美的集团; pinyin: Měidì Jítuán; Jyutping: mei5 dik1 zaap6 tyun4) is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange since 2013. As of 2021, the firm employed approximately 150,000 people in China and overseas with 200 subsidiaries and over 60 overseas branches. It has been listed on the Fortune Global 500 since July 2016. Midea produces lighting, water appliances, floor care, small kitchen appliances, laundry, large cooking appliances, and refrigeration appliances. It is the largest microwave oven manufacturer, and acts as an OEM for many brands. It also has a long history in producing home and commercial products in heating, ventilation and air conditioning (HVAC). In 2017 it was reportedly the world's largest producer of industrial robots and appliances. The group declared sales revenue of US$40.5 billion for the 2020 financial year and is listed on the main board of...

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