{"id":"108bf694-f969-4ecd-a78e-67bae8d299cc","name":"Midea Group","slug":"midea-group","description":"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](/companies/kuka) for approximately $5 billion, making it a major player in industrial automation. The group has pledged $8.7 billion for AI and robotics investment.","status":"public (SHE:000333)","founded":1968,"hq":"Shunde, Guangdong, China","fundingTotal":null,"type":"hardware","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.midea.com/global","title":"Midea Group","date_accessed":"2026-06-24"}],"keyFacts":[{"label":"Founder","value":"He Xiangjian"},{"label":"CEO","value":"Paul Fang (Fang Hongbo)"},{"label":"Stock listing","value":"Shenzhen:000333"},{"label":"Revenue 2023","value":"RMB 373.7 billion (~$69B)"},{"label":"Market cap","value":"~$84B (July 2026)"},{"label":"KUKA acquisition","value":"2016, ~$5B for majority stake"},{"label":"AI/Robotics pledge","value":"$8.7 billion"}],"aliases":["Midea"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"createdAt":"2026-06-25T00:29:45.695Z","updatedAt":"2026-07-08T07:04:56.182Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/midea-group","url":"https://registry.deploy.report/companies/midea-group","name":"Midea Group","alternateName":["Midea"],"description":"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](/companies/kuka) for approximately $5 billion, making it a major player in industrial automation. The group has pledged $8.7 billion for AI and robotics investment.","identifier":"108bf694-f969-4ecd-a78e-67bae8d299cc","foundingDate":"1968","address":"Shunde, Guangdong, China","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":[]}}}