AI empowers four core business scenarios, Midea Group's revenue and net profit hit new highs

◎ Reporter Feng Xinyi

On the evening of March 30, Midea Group released its 2025 annual report. The company achieved total operating revenue of RMB 458.5 billion, up 12.1%; net profit attributable to shareholders of listed companies was RMB 43.95 billion, up 14% year over year. Revenue and net profit hit new highs again. Among them, overseas revenue reached RMB 195.9 billion, up 15.9%.

The annual report shows that Midea’s localization self-operated business covers 50 of the world’s major countries. Overseas, the company has 29 R&D centers and 43 major manufacturing bases. The basic framework and system for its overseas layout have basically taken shape.

Strong performance growth provides solid support for Midea Group to continue maintaining high levels of dividend payouts. At the end of 2025, the company plans to distribute cash dividends of RMB 3.8 per 10 shares, with total dividends of RMB 28.6 billion. In addition, with the 2025 interim dividend of RMB 0.5 per 10 shares, the full-year dividend would be RMB 4.3 per 10 shares. The total amount of cash dividends for the full year will be RMB 32.4 billion.

During the reporting period, Midea Group consolidated its leading advantage in the white goods industry. Meanwhile, in areas such as robotics, new energy, architectural technology, industrial components, medical, logistics, and others, it has built a strong second growth curve.

Data show that in 2025, Midea’s global market share in household air-conditioner compressors, household air-conditioner motors, and washing machine motors remained number one. Midea’s domestic market sales value in central air conditioners, commercial multi-split systems, and centrifugal chiller sets also remained number one. In addition, Lingwang Elevator has led the domestic freight elevator industry segment for three consecutive years, and Midea’s subsidiary KUKA Group is one of the “Big Four” industrial robot companies globally.

The reporter learned that Midea Group has publicly announced five humanoid robots and is gradually moving into factory applications, performing tasks such as product quality inspection and equipment巡检 (equipment patrol and inspection). This marks a key step in moving from the laboratory to real-world application. Relevant executives of Midea Group said the company has already set three major R&D directions for humanoid robots: bipedal humanoids, full-humanoids, and super-humanoids. In the short term, it focuses on industrial scenarios—replacing repetitive labor and completing complex tasks such as precision assembly—to address bottlenecks in manufacturing efficiency. In the mid-to-long term, it looks ahead to broader scenarios including homes and healthcare. Ultimately, it aims to become the next-generation intelligent endpoint connecting “smart home” and “smart manufacturing.”

As a core technology carrier for smart buildings and professional temperature control, in 2025, Midea’s magnetically suspended chillers ranked number one in domestic market sales volume, broadly covering diverse scenarios such as commercial offices, urban renewal, and high-end industrial applications. With the rapid development of large-scale models, AI applications, and high-density computing power, data centers are accelerating upgrades toward high power, high reliability, and low energy consumption, and liquid cooling has become one of the industry’s important trends. Recently, Midea Building Technology officially launched the construction of its liquid-cooling smart manufacturing base in Shunde, Foshan. The project’s total investment exceeds RMB 1 billion. It will focus on demand for next-generation computing power infrastructure for efficient, reliable, and green temperature-control systems, continuously improving capabilities in R&D, manufacturing, and delivery of liquid-cooling products, and further accelerating its strategic layout in data center liquid-cooling temperature control.

Midea Group said it is transforming into a global technology group of the “AI+” type. Through AI enablement, the group improved internal operations efficiency by more than 15 million hours in 2025 and saved RMB 700 million in various costs. From smart home to intelligent manufacturing, and then to smart office and industry enablement, Midea Group has built two major hubs—“home brain” and “factory brain.” It applies AI enablement in four major core business scenario areas in a comprehensive and deep way, and plans to invest more than RMB 60 billion over the next three years in cutting-edge research to enhance global competitiveness.

The reporter learned that Midea Group has built an AI R&D team of more than 400 people, and more than 13,000 intelligent agents operate every day in scenarios including residential, office, manufacturing, healthcare, warehousing, logistics, and more.

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