Midea Group Co Ltd 2017 SR
The report highlights Midea Group's 2017 performance, including a 51.35% revenue growth to RMB 241.92 billion and ranking 450th in the Fortune Global 500. It details the "Dual-Smart" strategy focusing on Smart Home and Smart Manufacturing, supported by a global R&D network of 20 centers across nine countries. Key highlights include the acquisition of KUKA and strategic cooperation with Servotronix and Intel. The company emphasized user-centric innovation through its CDOC process and digitalization efforts like the "Digitalization 2.0" program. Social responsibility initiatives included donating RMB 20.5 million for poverty alleviation and the announcement of a RMB 6 billion donation plan by founder He Xiangjian.
Company: Midea Group Co Ltd
Sector: Manufacturing
Country: China
Year: 2017
Type: SR
Pages: 68
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Midea Group Co Ltd
Corporate Social Responsibility Report
The report highlights Midea Group's 2017 performance, including a 51.35% revenue growth to RMB 241.92 billion and ranking 450th in the Fortune Global 500. It details the "Dual-Smart" strategy focusing on Smart Home and Smart Manufacturing, supported by a global R&D network of 20 centers across nine countries. Key highlights include the acquisition of KUKA and strategic cooperation with Servotronix and Intel. The company emphasized user-centric innovation through its CDOC process and digitalization efforts like the "Digitalization 2.0" program. Social responsibility initiatives included donating RMB 20.5 million for poverty alleviation and the announcement of a RMB 6 billion donation plan by founder He Xiangjian.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Mar 31, 2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees