Company
Midea Group
Chinese multinational home appliance and robotics conglomerate headquartered in Shunde, Guangdong.
- Founded
- 1968
- HQ
- Shunde, Guangdong, China
- Status
- public (SHE:000333)
Overview
Chinese multinational home appliance and robotics conglomerate headquartered in Shunde, Guangdong. Founded in 1968 by He Xiangjian, it is one of the world's largest appliance manufacturers with 2023 revenue of RMB 373.7 billion (~9B). In 2016, Midea acquired German industrial robot maker KUKA AG for approximately $5 billion, making it a major player in industrial automation. The group has pledged $8.7 billion for AI and robotics investment.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
DEPLOY Intelligence
Market intelligence for physical AI
Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.
Key facts
Founder
He Xiangjian
CEO
Paul Fang (Fang Hongbo)
Stock listing
Shenzhen:000333
Revenue 2023
RMB 373.7 billion (~$69B)
Market cap
~$84B (July 2026)
KUKA acquisition
2016, ~$5B for majority stake
AI/Robotics pledge
$8.7 billion
Data & sources
Web sources
1
1 source backing this record.View all →
Current leadership (2)
- He Xiangjian Founderreported, not verified
- Paul Fang Chairman and CEOreported, not verified
Founders (1)
- He Xiangjiancofounderno longer at company
Safety record
No incidents on record for Midea Group.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
Midea Group in third-party press
Financial state
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- mature
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Acquisitions (1)
- acquired KUKA AGmajority stake2016-06-01
Sources (1)
Common questions
- What is Midea Group?
- Chinese multinational home appliance and robotics conglomerate headquartered in Shunde, Guangdong. Founded in 1968 by He Xiangjian, it is one of the world's largest appliance manufacturers with 2023 revenue of RMB 373.7 billion (~9B). In 2016, Midea acquired German industrial robot maker KUKA AG for approximately $5 billion, making it a major player in industrial automation. The group has pledged $8.7 billion for AI and robotics investment.
- What does Midea Group make?
- Midea Group has no robot models recorded on the DEPLOY registry. Midea Group builds physical robots.
- Is Midea Group publicly traded?
- Yes. Midea Group is publicly traded on public markets, per the DEPLOY registry.
- Where is Midea Group headquartered?
- Midea Group is headquartered in Shunde, Guangdong, China.
- Is Midea Group a top robotics company?
- On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Midea Group ranks in roughly the top 51% of companies tracked by the registry.
- Is Midea Group safe?
- Midea Group has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.
Methodology: Verified · 1 source (no primary) · last reviewed 2026-07-08
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-07-08
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Midea Group.In the press
Recent coverage mentioning Midea Group from third-party publications. Automatically surfaced; not part of the verified registry record.
Are the US’ AI models better than China’s? That may be beside the point
As another heatwave rolled across Europe, the warehouses emptied before the politics could catch up. Air conditioners and fans sold out across Spain, Italy and Germany, most of…
Midea Is Said to Consider China IPO for German Robot Maker Kuka
Midea Group is reportedly considering a China IPO for its KUKA robotics subsidiary.
Midea Group Reports a Record-Breaking Financial Performance in H1 2025
Midea Group reports record H1 2025 financial results highlighting robust performance across domestic and international markets.
China's Midea pledges US.7 billion for AI and robotics in pivot to automation
Midea Group pledges $8.7B for AI and robotics investment, pivoting toward automation as owner of Kuka robotics.
China's Midea Offers Billion for German Robot Maker Kuka
Midea Group launches $5B+ bid for German robotics specialist Kuka AG.
Machine-readable surfaces
- Markdown mirror: /companies/midea-group.md
- RSS feed: /companies/midea-group/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/108bf694-f969-4ecd-a78e-67bae8d299cc
- Revision history: /companies/midea-group/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Reality vs attention
Not enough verified signal yet to place Midea Group against peers. Reality and attention percentiles publish once the underlying record clears its data floor.
6-month trend
Analysis
Limited public funding data for capital position assessment.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Jul 14, 2026