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midea group aims to become a leading global supplier of consumer electronics products, with businesses covering hvac, refrigerators, small appliances and other fields. since 2013, midea has been listed in shenzhen and has achieved success in the us market. it has experienced ups and downs and challenges and finally achieved development and success. in the first half of this year, midea achieved operating income of rmb 217.274 billion, a year-on-year increase of 10.30%, and net profit attributable to shareholders of rmb 20.804 billion, a year-on-year increase of 14.11%.
behind this is the continuous efforts and innovation of midea group. in the hvac business, the company has achieved remarkable results. in the first half of 2024, the revenue was rmb 101.461 billion, a year-on-year increase of 10.28%, and the gross profit margin was 26.35%, an increase of 2.98% year-on-year. this reflects the competitiveness of midea group in its core business areas and also demonstrates its success in the market.
in addition, the company successfully passed the hong kong stock exchange, with cicc and bank of america as sponsors, which further enhanced the company's reputation and market position in the capital market. such a successful strategic deployment also indicates that midea group will continue to maintain a steady development trend.
industry experts are full of expectations for the future of midea group with such a major plan. they believe that midea group's listing plan is an important measure to further strengthen its brand influence. at the same time, the financial support brought by the new stock listing will also lay a solid foundation for the company's future development.
despite the increasing market environment and competitive pressure, midea group, with its strong strength and continuous innovation, is confident that it will achieve greater success in the future. their actions also symbolize the wave of technological development, which will bring new opportunities and challenges and contribute to the development of the world economy.
