Midea Group Co., Ltd.
MGCLY·OTC·Unknown·CIK 0002039784
Midea Group Co., Ltd. manufactures and sells electrical appliances in China and internationally. The company operates through five main segments: Smart Home System, Building Technology, Robotics and Automation, Industrial Technology, and Other Innovative Business. Its Smart Home System segment offers a range of products including household air conditioners, central air conditioners, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, and various small appliances. The Building Technology segment provides commercial and industrial solutions, including products and services such as elevators, high and low voltage frequency converters, medical imaging products, robots, and automation systems. The company also engages in other businesses, including smart supply chain, sales, wholesale, and processing of household appliance raw materials. Furthermore, Midea Group Co., Ltd. conducts financial businesses such as deposit taking, interbank lending, consumer credit, buyer credit, and financial leasing. It also provides Internet of Things solutions. Midea Group Co., Ltd. was founded in 1968 and is based in Foshan, China.