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Midea manufactures household appliances, heating and air-conditioning systems, and industrial components.
Founded in 1968 and based in Foshan, China, Midea Group manufactures home appliances, heating and air-conditioning systems, lighting, motors, compressors and industrial components. It operates over 400 subsidiaries, 33 R&D centers and 43 major production sites. In September 2024, it listed in Hong Kong. IPO proceeds will support smart appliance R&D, supply chain upgrades, global sales and working capital.
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