Electronics

According to news from the Financial Associated Press, Midea Group stated in an institutional survey that as the world is facing a lack of core, Midea, as one of the largest downstream customers in related fields, has established long-term and stable cooperative relations with upstream top suppliers. Suppliers will give priority to supply to Midea, and currently it has not affected Midea's production and order delivery.

In addition, Midea also has two chip technology companies in Shanghai and Chongqing. In addition, regarding the performance of the company's 618, as of 24:00 on June 18, the total sales of Midea's entire network exceeded 16 billion, ranking first in the home appliance industry on Tmall, JD.com, and Suning.com for 9 consecutive years.

Midea’s electromechanical business group conducted in-depth basic research on underlying technologies, and finally discovered key problems and successfully solved them, breaking the foreign technology monopoly, and successfully realizing the localization of key components. Midea Welling Auto Parts officially released its three product lines of drive system, thermal management system and auxiliary/automatic driving system on May 18, 2021, and put into production, and officially released the motor drive, thermal management system and auxiliary/automatic Five auto parts products in three major product lines including driving systems: drive motors, electronic water pumps, electronic oil pumps, electric compressors and EPS motors. It follows the development concept of "one generation on the market, one generation for reserve, one generation for research", and uses more than 6000 patents to promote the continuous advancement, expansion, and extension of multiple systematic, diversified, and refined technical routes. Provide assistance to China's new energy vehicle industry to achieve overtaking in curves.