Midea Group Corporate Introduction December 2013 Midea Group
Midea Group Corporate Introduction December, 2013
Midea Group Ⅰ. Snapshot Ø Founded in 1968, grown into one of the leading private companies in China; Ø Most comprehensive white goods and HVAC manufacturer in China; Ø Vertically integrated, offers innovative products and solutions to consumers and customers worldwide; Ø Turnover in 2012 USD 17 billion, 126, 000 global employees.
Midea Group Ⅱ. Corporate Structure Board of Directors Executive Committee Legal IT Finance Auditing Technology & Quality Admin & HR Strategy & Planning International (MID) Motors Compressor Lightings Small Domestic Appliance Environmental Appliance Water Heater Kitchen Dishwasher Laundry Refrigeration Commercial AC Residential AC
Midea Group Ⅲ. Turnover 22. 2 17. 7 18. 7 16. 5 Billions, USD 14. 4 13. 3 Export Domestic 10. 8 7. 8 6. 7 4. 8 2. 0 1. 5 2000 01 2. 2 02 2. 6 03 04 05 06 07 08 09 10 11 12 13 E 4
Midea Group Ⅳ. Market Leadership Residential AC Commercial AC Refrigerator Laundry Appliances Dishwasher Production Capacity 32. 5 m/year 1. 08 b USD/year 15 m/year 18. 2 m/year 3 m/year China Market Share 26% #2 11. 5% #2 7. 7% #3 28. 4% #2 20% #3 Export Market Share 28% #1 20% #1 10. 2% #2 10. 2% #3 84% #1 Microwave Rice Cooker Induction Cooker Water Dispenser Fan Heater Production Capacity 40 m/year 22 m/year 15 m/year 6. 5 m/year 30 m/year 8 m/year China Market Share 40% #2 41% #1 40% #1 47% #1 46% #1 33% #1 Export Market Share 35% #1 12% #1 19% #1 15% #1 9% #1 6% #2 5
Midea Group Ⅴ. Innovation 4595 Patent Applications and Approvals 2000 - 2012 4064 3630 2094 2216 1705 1455 1420 1114 236 362 133 2000 234 380 325 362 352 745 673 519 283 334 1353 1000 775 517 (Year) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 # of Invention and Utility Applications # of Appearance and Design Applications # of Invention and Utility Granted # of Appearance and Design Granted
Midea Group Ⅵ. Production Facilities inside China 15 Production Facilities Hefei Washing Machine, Refrigerator Handan Changzhou Air Conditioner Electrical Machine, Logistics Linfen Precision Casting Huaian Electrical Machine, Industrial Electrical Machine Wuxi Washing Machine, etc. Suzhou Cleaner Wuhu Domestic Air Conditioner, Electrical Machine, Small Household Appliance, Kitchen Appliance Jiangxi Lighting Chongqing Central Air Conditioner Guangzhou Air Conditioner, Refrigerator Jingzhou Refrigerator, Washing Machine Shunde Wuhan Household Air Conditioner, Small Household Appliance Zhongshan Fan, Warmer Air Conditioner, Central Air Conditioner, Microwave Oven, Electric Cooker, Dish-washing Machine, Water Purifying Plant, etc.
Midea Group Ⅵ. Production Facilities outside of China 7 Production Facilities in 6 Countries Microwave Oven Belarus Air Conditioner Egypt Air Conditioner, Microwave Oven Brazil Argentin Air Conditioner a India Vietnam Air Conditioner, Washing Machine, Refrigerator, Induction Cooker, Rice Cooker, Electric Fan
Midea Group Ⅶ. Business Lines HVAC RAC, VRF, Chiller, Light Commercial, ATW water heater, Rooftop unit, US condensing unit
Midea Group Ⅶ. Business Lines Major Domestic Appliances Refrigeration, Laundry, Dryer, Dishwasher, Range hoods, Cooking hob, Microwave Oven
Midea Group Ⅶ. Business Lines Small Domestic Appliances Oven, Induction hob, Rice cooker, Kettle, Juicer, Water dispenser, Water purifier,Air purifier, Vacuum, Water Heater, Fan, Heater
Midea Group Ⅶ. Business Lines Components and Parts Compressor, Motor Lightings
Midea Group Ⅷ. Partnerships 13
Midea Group Ⅸ. Certifications 14
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