More than 50,000
"Midea Group is a technologies group operating in consumer appliances, HVAC systems, robotics and automation systems, and smart logistics.
Midea is committed to improving lives by adhering to the principle of “Creating Value for Customers”. Midea focuses on continuous technological innovation to improve products and services and to make life more comfortable and pleasant.
Founded in 1968 in Guangdong, China, Midea has now established a global platform of more than 200 subsidiaries, over 60 overseas branches, and 12 strategic business units, as well as being the majority shareholder of KUKA Robotics (95% shareholding).
From 2015, Midea has become the first Chinese home appliances company granted credit ratings continuously by the three international credit rating agencies of Standard & Poor, Fitch, and Moody.
The sales revenue of Midea in 2016 was RMB159.8 billion, while the net profit was RMB15.9 billion. Midea has hundreds of millions consumers, major customers in different areas, strategic partners worldwide, and about 130,000 employees in total. In 2017, Midea Group was listed in Fortune Global 500, ranking 450 in terms of revenue. The sales revenue of Midea in the first three quarters of 2017 is RMB187.8 billion.
Midea is listed on the Shenzhen Stock Exchange (000333) and has a diversified investor portfolio with approximately 20% of shares held by international institutional investors."