Tag Archive: Reform and Open-up Policy

Midea, Evolving from Home Appliance Company to Data-Driven Technology Group

Midea was founded in 1968 led by Mr. He Xiangjian in Shunde. In 1980s, seizing the opportunities Created by Reform and Open-up Policy, Midea started to make electronic fans, AC and entered the home appliance industry.  In 1993, Midea went through shareholding reform and was listed on Shenzhen Stock Exchange, becoming the first township company in China with a modern management system. In 2000s, Midea further diversifed its product portfolio by carring out a series mergers and acquisitions. It expanded…
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