Midea Group(SZ:000333) 证券时报·2025-08-31 00:23Core Viewpoint - Midea Group announced the appointment of Wang Jianguo as the new Executive President, effective after shareholder approval, alongside the release of its 2025 semi-annual report showing significant revenue and profit growth [1][2]. Group 1: Company Leadership Changes - Midea Group's board approved the appointment of Wang Jianguo as Executive President, who previously held various senior roles within the company [1]. - Wang Jianguo has been with Midea since 1999 and has extensive experience in different divisions, including supply chain management and international operations [1]. Group 2: Financial Performance - For the first half of 2025, Midea Group reported revenue of 251.12 billion yuan, a year-on-year increase of 15.58% [1]. - The net profit for the same period was 26.01 billion yuan, reflecting a growth of 25.04%, while the non-recurring net profit increased by 30.00% to 26.24 billion yuan [1]. Group 3: Business Segments - Midea Group operates in various sectors, including smart home, renewable energy, industrial technology, and healthcare, with a balanced focus on both consumer and business markets [2]. - The smart home segment generated revenue of 167.20 billion yuan, accounting for 66.58% of total revenue, with significant sales in air conditioning and washing machine products [2]. Group 4: New Energy and Industrial Technology - The new energy and industrial technology segment achieved revenue of 21.96 billion yuan, marking a year-on-year growth of 28.61% [3]. - Midea plans to establish a manufacturing base in Thailand and continue investments in India and Brazil, enhancing its global manufacturing capabilities [3]. - The company has also made strides in the electric vehicle components market, with over 1 million units shipped and partnerships with major North American automotive companies [3]. Group 5: Profit Distribution - Midea Group announced a mid-term profit distribution plan, proposing a cash dividend of 5 yuan per 10 shares, totaling 3.80 billion yuan in cash dividends [3].