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Starting with only CN¥5,000 to open a workshop for the production of bottle lids in Beijiao, Shunde in 1968, He Xiangjian (Chinese: 何享健), the founder of the company, has since turned Midea into one of the most successful private companies in China, with sales revenue for the entire Group declared at US$ 40.5 billion for 2020 financial year, as well as listed on the main board of the ...
He Xiangjian (Chinese: 何享健; pinyin: Hé Xiǎngjiàn, born October 5, 1942) is the co-founder of Midea, one of China's largest appliance makers.In September 2021, his net worth was estimated to be $28.8 billion by Bloomberg Billionaires Index, positioning him at the 51st place in the index.
Eureka is an American home appliances brand owned by Chinese company Midea Group that manufactures vacuum cleaners, including uprights, cordless, canisters, sticks and handhelds. Eureka also manufactures aftermarket vacuum accessories, such as bags, belts and filters.
Midea may refer to: Midea Group (美的集团), a Chinese electrical appliance manufacturer; Midea, Greece, a Greek town; Midea (Argolid), a citadel in the town of the same name; Midea or Mideia, name of four figures in Greek mythology; Midea, a genus of mites in the suborder Prostigmata; Midea, formerly a genus of moths (now Arsacia)
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Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.
The company had a manufacturing base in Australia for almost 20 years and nearly 70 years in New Zealand, but stated it can no longer compete with low cost labour countries and had to close them. [7] [8] In 2012, Haier purchased over 90% of Fisher & Paykel Appliance shares. No changes in manufacturing or board of directors were made. [9]