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76.35000 CNY
1.02
1.32%
Last update Apr 3, 2:59 PM CST
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76.20000
77.35000
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Midea Group Co., Ltd.
76.35
1.02
1.32%

Overview

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Description

Midea Group Co., Ltd. is a leading global manufacturer specializing in consumer appliances and HVAC systems. The company's primary function is to produce home appliance solutions including air conditioners, refrigerators, washing machines, and kitchen appliances, making it a significant player in the white goods sector. Midea also develops and manufactures components such as compressors and motors, further solidifying its presence in the industrial sector. In addition to these, Midea is involved in robotics and automation systems through its subsidiary, one of the largest robotics firms globally. Established in 1968 and headquartered in Foshan, China, Midea has grown into a multinational corporation with over 200 subsidiaries. It serves both consumer and commercial markets worldwide, contributing to global advancements in smart home technology and energy-efficient appliances. The company's products are available in over 195 countries, emphasizing its substantial footprint in international trade and its role as an innovator in both residential and industrial environments.

About

CEO
Mr. Hongbo Fang
Employees
198432
Address
Midea Headquarters Building
No. 6 Midea Avenue Beiluo Town Shunde District
Foshan, 528311
Phone
86 757 2633 8888
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Country
China
MIC code
XSHE
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Latest press releases

Nov 21, 2025
Midea Demonstrates Comprehensive Sustainable HVAC Lineup at C&R 2025 in Madrid

BERLIN, Nov. 21, 2025 /PRNewswire/ -- From November 18 to 20, Midea Air Conditioning showcased a robust portfolio of sustainable innovations at C&R 2025, Spain's leading trade fair for air conditioning, heating, cooling and ventilation professionals. These include Midea's R290 series, ECOMASTER system, PortaSplit portable unit, and the modular H-Pack solution, highlighting its leadership in energy efficiency, natural refrigerants, and intelligent climate control.

Midea's R290 Series reflects the brand's "GREEN VISION BLUE FUTURE" philosophy. Recognized as the world's first enterprise to commercialize R290 air conditioning, Midea began its journey in 2010 with an UN-funded pilot production line. Today, the company operates 12 advanced production lines with an annual output capacity of 6.4 million units. Its R290 solutions have been widely adopted across global markets, contributing significantly to carbon reduction and influencing international standards for eco-friendly refrigerants.

Backed by a research force of over 10,000 engineers and 42 pilot laboratories, Midea has developed a full-spectrum R290 product matrix. These offerings span residential, commercial, and industrial applications, reflecting the company's strategic vision of making green technology scalable and accessible.

Another highlight was the ECOMASTER, an artificial intelligence (AI) energy-saving system that optimizes the performance of Midea appliances, particularly air conditioners, to reduce energy consumption. By continuously monitoring indoor conditions and external weather patterns, ECOMASTER executes real-time adjustments with a tolerance of ±0.3°C. This ensures consistent comfort while optimizing energy use, achieving over 30% in energy savings.

Integrated into models such as Solstice and Solunar, the system sets new benchmarks in efficiency. Solstice boasts an A+++ cooling and A++ heating rating, while Solunar achieves A++ cooling and A+ heating performance, both representing the next generation of smart, sustainable air conditioning.

The PortaSplit portable air conditioner also drew significant attention. Engineered for high performance and installation flexibility, it features a SEER rating of 6.1 and a SCOP rating of 4.0. Its design accommodates a wide range of European window types, including French balconies, attic rooftops, and horizontal sliders. This adaptability makes it suitable for a wide range of housing styles, from modern apartments to heritage buildings. Demonstrations at the booth showcased its tool-free, three-step installation process, which has already driven strong market demand and a sell-out launch in France.

Also showcased was the H-Pack, a compact heating solution selected for this year's C&R Innovation Gallery, which spotlights low-GWP refrigerants, digital control, and circular economy principles. Engineered by Midea's European R&D team, the H-Pack utilizes eco-friendly R290 refrigerant and eliminates the need for an external unit. Its modular, indoor-ready design ensures seamless compatibility with gas boiler systems while simplifying installation and maintenance. Combining efficiency, versatility, and a space-saving structure, it delivers a cost-effective approach to modern heating. Live demonstrations by German experts further illustrated its user-friendly architecture and practical advantages in real-world applications.

Beyond product innovation, Midea fostered professional engagement through interactive workshops held throughout the event. These sessions facilitated technical exchange and deepened industry collaboration. The brand extended its presence beyond the exhibition hall through promotional campaigns featuring its dual sponsorships with Manchester City and Sevilla FC across Gran Vía, Feria de Madrid, and IFEMA, underscoring Midea's dedication to passion, community engagement, and high-performance excellence.

Midea continues to advance its mission of driving intelligent transformation across residential and industrial environments. With a focus on sustainability and innovation, the company envisions a future shaped by human-machine collaboration. By integrating KUKA industrial robotics and MIRA home automation technologies, Midea aims to redefine efficiency and elevate human experience, empowering individuals to pursue creativity and progress.

 

Video - https://mma.prnewswire.com/media/2829643/Midea_RAC_Division_video.mp4

Photo - https://mma.prnewswire.com/media/2829641/01_Midea_RAC_Division.jpg

Photo - https://mma.prnewswire.com/media/2829642/02_Midea_RAC_Division.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/midea-demonstrates-comprehensive-sustainable-hvac-lineup-at-cr-2025-in-madrid-302623078.html

Oct 22, 2025
Midea's PortaSplit air conditioner has been successfully nominated as one of TIME magazine's "Best Inventions of 2025"

BERLIN, Oct. 22, 2025 /PRNewswire/ -- Midea's PortaSplit has been named as one of TIME's "Best Inventions of 2025" — celebrating products that are changing the world. This marks the first time Midea has received this prestigious honor.

PortaSplit is redefining the residential air conditioning experience with its tool free installation, offering comfort that is both simple and accessible, perfectly compatible with most European window types.

Being able to enjoy the cooling performance of a split air conditioner, but not having to rely on a professional installer, was a welcome innovation for many end users, as they could either not afford a split air conditioning system or were not permitted to do so. Many Europeans sought relief during the increasingly hot summers with portable air conditioners, but by comparison, PortaSplit is more powerful, more efficient and quieter, solving previous pain points in this category.

PortaSplit is also a very efficient air-to-air heat pump, meaning that end users are utilising Midea's new product, as a very cost-efficient alternative for their primary heating instead of fossil fuels or electrical heating devices. This additional feature is why PortaSplit is referred to as the first DIY-heat pump in the market.

After a very successful launch in Germany, selling out for two summers in a row, PortaSplit was introduced into other European markets including France, Italy, Hungary, as well as Northern Europe and the Baltic states. Rollout will continue across Europe, bringing this solution to more households and further extending its market presence.

PortaSplit is the result of in-depth local research, including home visits and surveys, leading to rapid iterative prototyping. Combining German engineering from Midea's Stuttgart based R&D Center with Italian design from the Milan Design Center, PortaSplit is a prime example for Midea's "local for local" strategy.

Being named as one of the "Best Inventions of 2025" proves that Midea is on the right track with its strong focus on local research and development, with many more innovations from Europe in the pipeline.

Photo - https://mma.prnewswire.com/media/2802613/image_1.jpg

Photo - https://mma.prnewswire.com/media/2802614/image_2.jpg

Photo - https://mma.prnewswire.com/media/2802615/image_3.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/mideas-portasplit-air-conditioner-has-been-successfully-nominated-as-one-of-time-magazines-best-inventions-of-2025-302591602.html

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