The most complete, the most complete product group comprehensive household electrical appliance enterprises is the household electrical appliance industry industry chain, chain business layout of the whole industry, various business cooperation is complementary, products related to home air-conditioning, refrigerator, washing machine, air can water heater, kitchen appliances, household appliances, bathroom appliances, lighting and other household products, central air-conditioning, commercial air can water heater, commercial kitchen, commercial refrigerator, commercial water purification machines and other commercial products and commercial areas, while providing appliances supporting solution, have the scale and the industry chain integration advantages. In the core part of household electrical appliances upstream supply capacity, production and sales and technical air-conditioning compressor, motor, electric control, magnetron areas are among the best in the world.
Midea Group Chairman, President Fang Hongbo said, "since the proposed transformation for two years, always adhere to the 'technology, products' in the first place, the product structure and competitiveness improved significantly, such as sweet and IH intelligent cooker, steam wash lampblack machine, water series water heaters and other innovative products to gain market recognition, by providing high the added value of the products, the entire industry chain to enhance the value of the." The United States and the group of third quarter gross margin reached 24%, 1.1 percentage points year-on-year rise; owned by the parent net profit margin was 6.6%, increased by about 1 percentage points year-on-year, profit improvement.
In addition, in the field of intelligent home appliances, the establishment of the "Internet of things technology research and application of room", promote the building of the unity of the United States "smart home" image, has launched the cloud air conditioning and intelligent kitchen, intelligent home appliances products, through industrial upgrading to bring the scale of growth.
CITIC Securities chief analyst Hu Yali analysis of household appliances, Midea Group listed has profound influence on the aspects of ownership structure, management structure, the actual controller core assets into listing Corporation, allows the company to the maximum extent and accept the supervision of the public, the formation of sustainable governance control effectively, realize the direct holding the core management, direct owner and agent benefit highly consistent, contribute to the group performance of long-term continuity and stability, is expected to further enhance shareholder return. |
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