Formulation of Midea's "115" Strategic Development Plan, setting out the blue print for Midea's future development.
2004
Improvement of the refrigerating industry, with the signing of cooperation agreements with Toshiba and Carrier and procurement of Royalstar and Hualing
2003
IProcurement of Passenger Vehicle Enterprises in Yunnan and Hunan, marking the entrance into the automobile industry and diversified development
2002
Structural regulation on an overall and strategic basis
Establishment of the refrigerator companydevelopment
2001
Completion of the property right reform; establishment of the magnetron company, forming the industrial chain of microwave ovens
Production commencement of new projects including MDV, microwave ovens, water ditributors, dishwashers, and gas cookers
2000
Corporatisation of the divisions; financing and holding of MBO shares by the management, and circulating stocks by key intermedium and senior staffs
1999
Establishment of the information technique company, the logistics company, and the electrician material company
Midea voted as a "Famous Brand in China"
1998
Acquisition of Toshiba-Macro and entrance into the domain of air-conditioning compressors Establishment of Wuhu Chilling Company, the industrial design company, and procurement of the compressor company
1997
Reform of divisions and subsidiaries
1993
Establishment of the motor company and the electric cooker company
Establishment of Midea Group and internal shareholding system transformation
1985
Commencement of air-conditioner manufacturing
1981
Formal registration and application of the brand "Midea"
1980
Production of electric fans and entrance into the industry of household appliances
1968
Business establishment by Mr. He Xiangjian in Beijiao with 5000 yuan and 23 staffs
