Midea Group Co., Ltd (00300) announced its annual performance, with shareholders' net profit reaching 43.945 billion yuan, a year-on-year increase of 14%. The overseas OBM accounted for over 45%, driving the growth in performance.

Midea Group Co., Ltd (00300) announced its annual performance for the year ending December 31, 2025. The group's revenue was 458.5 billion yuan, an increase of 12.1% year-on-year; the net profit attributable to shareholders was 43.945 billion yuan, an increase of 14% year-on-year; basic earnings per share were 5.8 yuan; and a final dividend of 38 yuan for every 10 shares. In 2025, Midea Group Co., Ltd continued to implement the "Number One" strategy in the domestic market. Midea products remained the top-selling home appliances on major online platforms in China, such as JD.com, Tmall, Douyin, and Pinduoduo. In offline channels like KA, distributors, and e-commerce, Midea's home appliance sales also ranked first in the industry. Midea's e-commerce sales in the domestic market (including e-commerce channels) accounted for over 55% of the company's domestic revenue. In the lower-tier markets, Midea's products achieved a retail scale exceeding 30 billion yuan, with a leading market share, demonstrating both market scale and comprehensive competitiveness. In 2025, as part of its global breakthrough strategy, Midea expanded the number of countries/regions covered by its overseas subsidiaries from 27 in 2024 to 50, supporting OBM business growth. OBM revenue in 2025 accounted for over 45% of the company's overseas revenue in the smart home business. Midea continued to deepen localization and collaborative development of overseas supply chains, promote digital transformation, successfully implement global customs systems in Indonesia and Thailand, and localized warehouse and distribution systems in Italy and Germany. Through eco-partnerships, Midea collaborated with COSCO Shipping Holdings and ProLogis to establish a green smart supply chain delivery center in Thailand, creating a benchmark supply chain hub in Southeast Asia, promoting supply chain intelligence, carbon reduction, and operational efficiency. Midea also implemented efficiency optimization pilots overseas, launching a multi-category consolidation project for delivery in Malaysia to achieve end-to-end supply chain delivery. Midea remained committed to its strategy of technological leadership, increasing research and development investment, and implementing the "Three Generations" initiative to upgrade product structure through differentiation innovation, supporting domestic high-end brands breakthroughs, and advancing overseas OBM priority strategy to enhance global market competitiveness.