Midea Group Co., Ltd. announced a cornerstone investment round of financing for the gross proceeds of HKD 9,790,000,000 on September 8, 2024. The transaction included participation from new investors COSCO SHIPPING Holdings Co., Ltd., UBS Global Asset Management (China) Limited, China Structural Reform Fund Co., Ltd. BYD, SITC International Holdings Company Limited, Boyu Capital Investment Management Co., Limited, HCEP, Foresight Fund Management Company, CITIC Private Equity Funds Management Co., Ltd., Dajia Life Insurance Co., Ltd., Xinjiang TCL Equity Investment Co., Ltd., Enreal AM, PSBC Wealth Management Co., Ltd., IDG Capital Partners Co., Ltd., Jump Trading, MY Asian Opportunities Fund, Athos Capital and Pamalican.