Midea Group(000333) 长江商报·2025-05-08 23:55Core Viewpoint - The strategic partnership between Hisense Group and Midea Group marks a significant shift from competition to collaboration, driven by the opportunities presented by the AI era and global technological innovations [2][6]. Group 1: Strategic Cooperation - Hisense and Midea will engage in comprehensive strategic cooperation across multiple fields, including AI applications, advanced global manufacturing, and smart logistics [3][4]. - The collaboration aims to leverage resource sharing, mutual benefits, and collaborative innovation to enhance user experience and empower ecosystem partners [4][6]. Group 2: Market Context and Rationale - The partnership is seen as a response to the rapid advancements in global innovation technologies, particularly in AIGC, which present new opportunities for the home appliance industry [6]. - Both companies will focus on digitalization and AI application platform development, enhancing operational capabilities and integrating AI across various business scenarios [6][9]. Group 3: Financial Performance and R&D Investment - In 2024, Hisense Group reported a revenue of 215.3 billion yuan, a 6.5% increase year-on-year, with overseas revenue accounting for 46.3% of total revenue [9]. - Midea Group's revenue for the same year reached 409.08 billion yuan, reflecting a 9.47% growth, with overseas market revenue constituting 41.52% of total revenue [9]. - Combined, both companies' revenues exceeded 620 billion yuan, with total R&D investments surpassing 26.2 billion yuan [10].