Midea Group

Midea Group is a Chinese appliances and industrial-technology group with a major robotics and automation business through KUKA. Its automation activities span industrial robots, factory systems, logistics automation and AI-enabled manufacturing across Midea plants and external customers.

Facts

Segment: Industrial Robotics
Country: China
Founded: 1968
Ticker: 000333.SZ
Website: https://www.midea.com/

Market context

Midea matters to robotics because it controls a major industrial robot asset through KUKA and provides large-scale manufacturing environments for automation deployment.

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Financials

000333.SZ - SZSE - CNY

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Timeline

2026-07-23 - Org Change - Midea investment entities become shareholders in JODELL Robotics - The corporate-registry change adds two Midea-linked investment entities to JODELL's shareholder base. Registered capital increased by about RMB 1.60 million, but the investment amount, ownership percentages and transaction valuation were not disclosed. - source: finance.eastmoney.com
2026-01-09 - Product Launch - Midea Group unveils MIRO U, a six-armed humanoid robot for factory operations - Signals a shift towards multi-limbed robotics in industrial applications. Starts factory operations this month, indicating readiness for real-world testing. Challenges existing dual-arm efficiency benchmarks with six-armed design. - source: humanoidsdaily.com
2018-03-29 - Partnership - Midea, Kuka Chase Automation Dreams With $1.6 Billion Park - Midea and Kuka's smart manufacturing park in Shunde spans 800,000 sq. meters and costs $1.6 billion. The 50-50 joint venture aims to enhance industrial robots and automation in the Chinese market. Midea Group is a global appliance and industrial technology… - source: caixinglobal.com

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Team

Fang Hongbo - Chairman and President - Fang leads Midea Group, parent to robotics and automation assets including KUKA exposure.
Wang Jianguo - Executive President - Wang is senior operating leadership at Midea Group.
Zhong Zheng - Vice President and CFO - Zhong is finance leadership for Midea Group.

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