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Midea Group Co Ltd

Common Name
Midea Group
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
198,570
Ticker
000333
Exchange
Shenzhen Stock Exchange
Description
Midea Group Co., Ltd. is a leading global manufacturer specializing in consumer appliances and HVAC systems. The company's primary function is to produce home appliance solutions including air conditi...

Midea Group's Group Entities Data Preview

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As of the end of fiscal year 2024, Tracenable has captured detailed data on Midea Group's corporate ownership structure, offering an in-depth view of its significant subsidiaries and their importance within the group.a

The dataset includes information on 52 subsidiaries, identified as material based on their financial importance, operational scale, or strategic contribution to Midea Group's consolidated operations.a

Tracenable's data also records the effective ownership percentages that Midea Group holds across these entities, providing transparency into its corporate control, ownership hierarchy, and group governance practices.a

Entity NameCountryTypeOwnershipLEIPermID
广东美的制冷设备有限公司a
CHNSubsidiary73%
广东美的制冷设备有限公司a
CHNSubsidiary7%
广东美的集团芜湖制冷设备有限公司a
CHNSubsidiary93%
广东美的集团芜湖制冷设备有限公司a
CHNSubsidiary7%
芜湖美智空调设备有限公司a
CHNSubsidiary87%
芜湖美智空调设备有限公司a
CHNSubsidiary13%
重庆美的制冷设备有限公司a
CHNSubsidiary95%
重庆美的制冷设备有限公司a
CHNSubsidiary5%
广东美的暖通设备有限公司a
CHNSubsidiary90%
广东美的暖通设备有限公司a
CHNSubsidiary10%
浙江美芝压缩机有限公司a
CHNSubsidiary100%
合肥美的电冰箱有限公司a
CHNSubsidiary75%
000000000000000000000000000000000000000000
000000000000000000000000000000000000000000
Showing 12 out of 52 entities. Get complete coverage in the full dataset.
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Verified Sources Behind Midea Group’s Group Entities Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Midea Group's Annual Report 2024

Insights into Midea Group's Group Entities Location

Tracenable's group entities dataset provides geographic insights into Midea Group's significant subsidiaries, revealing their location around the world.a

In total, the Midea Group group includes 52 significant subsidiaries distributed across 7 countries, illustrating the company's governance network, operational footprint, and geographical consolidation structure.a

This visualization highlights the geographical distribution of Midea Group's corporate structure, helping assess its international exposure, operational reach, and cross-border governance landscape.a

How geographically diverse is Midea Group's corporate structure?

In 2024, Tracenable identified that the Midea Group group consisted of35 significant subsidiaries, located across 7 countries.a

This represents a focused geographic presence, reflecting the company's core operational centers or key strategic markets rather than a full view of its global entity network.a

What does the geographic footprint of Midea Group reveal about its business operations?

Midea Group's significant subsidiaries are primarily located in Asia and Europe, which together host 98.08% of its material entities.a

This concentration suggests that the company's strategic and operational priorities are centered in these key markets, consistent with its focus on financially material or high-impact operations.

How transparent is Midea Group about its group entities and ownership structure?

Midea Group exhibits a limited level of transparency concerning its corporate ownership structure.

The disclosure covers only a small number of significant subsidiaries, typically those with material financial or operational relevance.a

Without full group hierarchy or equity details, it offers a restricted view of Midea Group's broader ownership network, making it harder to assess the company's consolidated structure or cross-entity control.

Does Midea Group maintain entities in low-tax or offshore jurisdictions?

Yes. Tracenable's data shows that 1 entities (1.92%) are registered in jurisdictions commonly classified as low-tax or offshore financial centers, such as British Virgin Islands.a

This may indicate tax optimization strategies or the use of special-purpose vehicles (SPVs) within Midea Group's ownership structure.