Midea Group Reports Strong Growth in First Half of 2025
On August 29, Midea Group announced impressive financial results for the first half of 2025. The company achieved a total operating income of 251.1 billion yuan, reflecting a remarkable year-on-year growth of 15.6%. Furthermore, Midea reported a net profit attributable to shareholders amounting to 26 billion yuan, which corresponds to a hefty 25.0% increase compared to the previous year. In addition, the company’s net profit surged to 26.2 billion yuan, marking a solid year-on-year increase of 30.0%.
Expanding Global Presence
Midea Group operates a vast network, consisting of over 400 subsidiaries, 38 R&D centers, and 63 major manufacturing facilities worldwide. The company currently employs more than 190,000 individuals and conducts business in over 200 countries and regions globally. Notably, Midea has established 22 R&D centers and 41 major manufacturing bases outside of China, extending its reach to more than a dozen nations.
Recognized and Respected
In July 2025, Midea Group climbed the ranks in the Fortune 500 list, securing the 246th position—an impressive jump of 31 places. This achievement highlights Midea’s consistent performance, as the company has remained among the top 500 global corporations for a decade.
Commitment to Innovation
Between 2022 and 2024, Midea Group invested significantly in research and development, with total expenditures exceeding 43 billion yuan. The firm’s commitment to innovation has been evident, as R&D investments saw a year-on-year increase of more than 14% in the first half of 2025. As of June 2025, Midea employed over 23,000 R&D personnel worldwide, making up more than 50% of its non-production workforce.
Investment in Future Growth
Midea’s strategic investments and ongoing commitment to research and development have positioned the company for continued growth. The increase in net profit and operating income suggests that Midea’s business model and operational strategies are resonating well in the market.
Global Trends and Market Position
The home appliance sector is experiencing dynamic changes, with consumer preferences evolving constantly. Companies like Midea are adapting to these shifts by investing in innovative technologies and enhancing their product offerings. As market competition intensifies, Midea’s focus on R&D and global expansion will be crucial for maintaining its competitive edge.
Sustainability and Social Responsibility
In addition to financial growth and market expansion, Midea Group is also committed to corporate social responsibility and sustainability. The company actively seeks to reduce its environmental footprint through efficient manufacturing processes and the development of eco-friendly products. This focus on sustainability not only benefits the environment but also aligns with modern consumers’ increasing preference for socially responsible brands.
Conclusion
Midea Group’s recent financial performance reflects its strong market position and dedication to innovation. With substantial investments in research and development and a commitment to sustainability, Midea is well-equipped to navigate the challenges of an evolving global market. As the company continues to grow and adapt, its impact on the home appliance industry and beyond will undoubtedly expand.
In summary, Midea’s strategic approach to growth, innovation, and sustainability puts it on a positive trajectory for the coming years. By staying ahead of market trends and focusing on customer needs, Midea Group is set to remain a leader in the global arena.