MGCLYMidea Group Co Ltd.

About Midea Group Co Ltd. (MGCLY)

Midea Group Co Ltd. (MGCLY) is a N/A company headquartered in Guangdong Province, China whose shares trade over-the-counter on the Pink tier.

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through four segments: Heating & Ventilation, as well as Air-Conditioner; Consumer Appliances; Robotics and Automation system; and Others. The company offers residential air-conditioner, central air-conditioner, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, various small appliances, elevators, variable frequency drives, medical imaging products, and robotics and automation system It also provides core components, such as compressors, motors, chips, valves, reducers, auto parts, motion control and automation, high and low-voltage variable frequency drive, energy storage and cooling modules under the GMCC, Welling, CLOU Electronics, HICONICS, SERVOTRONIX, MR, MOTINOVA, MSCT, TOSHIBA, and SUNYE brand name. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields and related solutions for health care, entertainment, new consumption, etc.; as well as smart supply chain solutions. Further, the company engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, and finance leasing services. Additionally, it provides Internet of Things solutions for intelligent appliances.

MGCLY key facts

Ticker symbol

MGCLY

Market tier

Pink

Headquarters

Guangdong Province, China

Shares outstanding

6,824,100,000

Reporting standard

International Reporting: Hong Kong Stock Exchange

Audit status

Audited

Fiscal year end

12/31

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