Core Viewpoint - Midea Group is actively addressing the impact of rising commodity prices, particularly copper, through various strategic measures [1] Group 1: Business Expansion - The company operates in over 200 countries and regions, with 22 R&D centers and 41 major manufacturing bases across more than a dozen countries [1] - Midea Group plans to continue expanding its overseas manufacturing footprint and promote the construction and operation of new overseas factories [1] Group 2: Response to Commodity Price Fluctuations - To mitigate the effects of raw material price volatility, the company will implement product structure upgrades, enhance efficiency across the entire value chain, and optimize supply chain management [1] - Midea Group engages in bulk hedging to manage the price fluctuations of raw materials and utilizes centralized procurement to gain relative price advantages [1]
美的集团:公司有开展大宗套保业务主要是为了应对大宗原材料价格波动