On January 10, Midea Group held the 2025 Annual Management Conference. Fang Hongbo, Chairman and CEO of Midea Group, delivered a keynote speech on “Starting Out in the Storm and Writing a New Story”. He said that in 2025, Midea Group will promote growth through simplification, eliminate redundancies, simplify categories, streamline SKUs, shut down and replace non-core businesses, focus on core business and core categories, and strictly control the entry of new categories. At the same time, as an enterprise with 40 years of overseas experience, with overseas revenue exceeding 20 billion US dollars accounting for more than 40% of the company's total revenue, the Midea Group will make a global breakthrough with unprecedented investment in 2025, not only to do global business, but also to globally allocate core resources such as R&D, manufacturing, supply chain, and talent to build a second home. By improving global R&D capabilities, leading high-quality suppliers to deploy overseas, improving supply chain capacity and efficiency, and increasing mergers, acquisitions, and marketing promotion efforts, etc., it has become a truly global enterprise.

Zhitongcaijing · 01/10 13:01
On January 10, Midea Group held the 2025 Annual Management Conference. Fang Hongbo, Chairman and CEO of Midea Group, delivered a keynote speech on “Starting Out in the Storm and Writing a New Story”. He said that in 2025, Midea Group will promote growth through simplification, eliminate redundancies, simplify categories, streamline SKUs, shut down and replace non-core businesses, focus on core business and core categories, and strictly control the entry of new categories. At the same time, as an enterprise with 40 years of overseas experience, with overseas revenue exceeding 20 billion US dollars accounting for more than 40% of the company's total revenue, the Midea Group will make a global breakthrough with unprecedented investment in 2025, not only to do global business, but also to globally allocate core resources such as R&D, manufacturing, supply chain, and talent to build a second home. By improving global R&D capabilities, leading high-quality suppliers to deploy overseas, improving supply chain capacity and efficiency, and increasing mergers, acquisitions, and marketing promotion efforts, etc., it has become a truly global enterprise.