N.B.: This evaluation refers to 2022 and is outdated: display the current evaluation.

MIDEA GROUP CO.,LTD.

China (CN)

OpenCorporation rating: 14.3 on 100

Ranking 2022: 579 on 602 companies


Primary and secondary NACE classification:
• Retail sale of electrical household appliances in specialised stores (4754)
• Manufacture of electric motors, generators and transformers (2711)

Company description

This company, based in China, is engaged in the manufacture, marketing and distribution of household appliances. It also involved in the real estate, automobiles, logistics, information techniques, and finance services. It was established by He Xiangjian in Beijiao in 1968, and its registered headquarters is located in Foshan. The company has ten major production sites in Guangzhou (Guangdong), Zhongshan (Guangdong), Wuhu (Anhui), Wuhan (Hubei), Huai'an (Jiangsu), Kunming (Yunnan), Changsha (Hunan), Hefei (Anhui), Chongqing (Chongqing), and Suzhou (Jiangsu). It offers its products and services across the country, as well as from branches located in the United States, Germany, Japan, Hong Kong, South Korea, Canada and Russian Federation. The company is recognized as one of the largest producer and exporter of electric appliances in China. Its household products are marketed under the Midea and Welling brands. Among its major products are air-conditioning units, electric fans and cookers, refrigerators, microwave ovens, induction cookers, water dispensers, washing machines, electric heaters, dishwashers, water heaters, cooking stoves, sterilizers, electric chafing pots, electric ovens, vacuum cleaners, and small electric appliances. It also has a portfolio of related products such as compressors, motors, magnetrons, transformers, and enameled wires. The company has built strategic partnerships with international firms such as the Japanese Toshiba, Sanyo, Shibaura, the American General Motor, and the Italian Merloni.

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OpenCorporation questionnaire

The read only version of the questionnaire submitted to this company is publicly available: view questionnaire.

Indicators

The rating is calculated on the following metrics (for more information visit the section Methodology).

score (max is 100)
ratings 2021
0
9.2
40
40
53.6
53.6
0
0
14
14
40
40
21.2
23.6

YTD Rankings history

HQ and subsidiaries

MIDEA GROUP CO.,LTD.
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* The position of map pins may not reflect the exact location

About this evaluation

This company did not compile the OpenCorporation questionnaire, for this reason this evaluation was made only on data available to the project staff.

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More evaluations

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Permament links

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2022: https://www.opencorporation.org/en/ranking/midea-group-company-limited/2022    url copied

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Last: https://www.opencorporation.org/en/ranking/midea-group-company-limited/last    url copied