From July 1, 2025 to September 30, 2025, the company has repurchased 42,756,532 shares, representing 0.56% for CNY 3,117.75 million. With this, the company has completed the repurchase of 76,781,146 shares, representing 1.01% for CNY 5,598.77 million under the buyback announced on March 29, 2025.
Midea Group Co., Ltd. produces and sells household electrical appliances and climate control systems. Net sales break down by family of products and services as follows:
- domestic appliances (41.6%): small household appliances (rice cookers, electric steam cookers, microwaves, ovens, hobs, bread makers, dishwashers, etc.), washing machines, refrigerators, etc.;
- heating, ventilation and air conditioning systems (38.6%): portable air conditioners, dehumidifiers, window air conditioners, etc.;
- robotic and automation systems (8%);
- other (11.8%).
China accounts for 59.7% of net sales.
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