Midea Commercial Air-Conditioning Company

Company Description

Established in 1968, Midea Group is a comprehensive and modern business conglomeration engaged mainly in the industry of household appliances. The group is also one of the largest manufacturing and exportation bases of electric appliances in China. In 1980, Midea entered into the household appliance industry. In 1981, the brand "Midea" was created and used. In 2001, Midea transformed into a private business. And in 2004, Midea acquired Royalstar-Maytag (ROYALSTAR), Guangzhou Hualing group (HUALING), and Chongqing General Refrigerant group. During 2008, Midea procured the joint venture of Little Swan, continuing on the way to become an electric appliance giant of the world. Midea Group currently has more than 70, 000 employees, with a dozen brands including Midea, Midea Commercial Air-Conditioning Companylling, Royalstar, Hualing and Little Swan .Our marketing network covers all over the nation, and we have a dozen branches in the United States, Germany, Japan, Hong Kong, South Korea, Canada and Russia etc. Midea Group has always maintained a healthy, stable, and speedy development. The average speed of growth was 60% in the 1980&＃039;s, and 50% in the 1990&＃039;***** annual development rate is over 30% on average since the commencement of the new century. No. Product Status 1 Commercial A/C (Heat pump water heater ) No.1 in Domestic & Export sale among Chinese brands 2 Residential One of the Worldwide largest on sales volume, No. 1 on export in China 3 Electrical fan No.1 in sales volume in the world 4 Rice cooker No.1 in sales volume in the world 5 Electric-motor No.1 in sales volume in the world 6 Microwave oven No.2 in sales volume in Asia 7 Compressor (GMCC) Top 3 in Sales volume in China Thanks to the outstanding market performance in recent years, in 2006, Midea Group has had overall sales revenue of 7.3 billion dollars, with an increase of30% over the previous year, the brand of Midea has been appraised at 4.58 billion dollars, up from 3.4 billion dollars in 2005, ranking No. 7 all over the Country.