According to media reports, Xiao Jun, the founder of Xiaomi, went to Shunde America’s group headquarters in Guangdong recently to visit He Xiangjian, the founder of Midea Group, and Fang Hongbo, chairman and president of Midea Group. The two parties reached an initial cooperation intention, and it is not excluded that Midea Group will introduce millet as investor. Midea Group has announced a temporary suspension of trading yesterday. According to the announcement, because the Midea Group has major events that may have a significant impact on the stock price and have not been publicly disclosed, according to relevant regulations, the company's shares have been suspended since December 8, 2014. The announcement on the evening of yesterday stated that the company will continue to suspend trading from the 9th, and will resume trading after the company discloses related issues.
For market rumors, Xiaomi and Midea Group’s relevant person in charge expressed no knowledge.
It is understood that the cooperation of Midea Group and Xiaomi will start around smart appliances. In March of this year, Midea Group announced the implementation of the strategy of “smart housekeeper system + M-Smart interactive community + M-BOX management center†and launched four smart home butler systems for air, nutrition, water health, and energy security. There are rumors in the market that Midea Group will bring WIFI to all air-conditioners next year.
In addition to smart appliances, Midea Group is also testing hydropower companies to seek transformation of sales channels. Since the introduction of e-commerce products and e-commerce brands in 2008, the Group e-commerce company was established this year. According to official data released by Midea Group, this year, the sales volume of the US-based Group 11 reached 710 million yuan, an increase of 120% from the same period of 2013.
Some analysts pointed out that if the two parties reach a cooperation, Midea Group will receive Xiaomi's support in smart home appliances and e-commerce, and Xiaomi will use the United States to further extend the product layout to the living room.
News said Midea Group will introduce Xiaomi Investment
For market rumors, Xiaomi and Midea Group’s relevant person in charge expressed no knowledge.
It is understood that the cooperation of Midea Group and Xiaomi will start around smart appliances. In March of this year, Midea Group announced the implementation of the strategy of “smart housekeeper system + M-Smart interactive community + M-BOX management center†and launched four smart home butler systems for air, nutrition, water health, and energy security. There are rumors in the market that Midea Group will bring WIFI to all air-conditioners next year.
In addition to smart appliances, Midea Group is also testing hydropower companies to seek transformation of sales channels. Since the introduction of e-commerce products and e-commerce brands in 2008, the Group e-commerce company was established this year. According to official data released by Midea Group, this year, the sales volume of the US-based Group 11 reached 710 million yuan, an increase of 120% from the same period of 2013.
Some analysts pointed out that if the two parties reach a cooperation, Midea Group will receive Xiaomi's support in smart home appliances and e-commerce, and Xiaomi will use the United States to further extend the product layout to the living room.
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