1、The 2022 Annual Report of Midea Group Co.,Ltd.1 Annual Report Midea Group Co.,Ltd.Stock code:000333 April 2023 The 2022 Annual Report of Midea Group Co.,Ltd.2 Letter to Shareholders The year 2022 was an unforgettable year,one in which we continued to look toward and envision the future but also had
2、to persevere through many uncertainties and hardships in reality.Although it might seem that we have remained in place,each of us has in fact completed a long journey of growth in our mindsets.In the end,what we now have is the courage to be tenacious and maintain everlasting hope.We would like to e
3、xpress our full and sincerest gratitude to all Mideans.Your perseverance in forging ahead has made you dedicated contributors to the future of Midea.We would also like to thank our shareholders for accompanying Midea on our growth journey.Despite market fluctuations and everything else we have gone
4、through,your understanding and trust have been and will continue to be critical to boosting our confidence as we continue our value growth journey.In 2022,Midea mainly adhered to the business principles of“Generate Income&Drive Profit”.In keeping with its strategy of“refocusing”on and“returning”to t
5、he basics,Midea worked hard to improve its profitability,achieve robust operations,and make new strides in terms of its strategic layout.Midea rose to No.245 on the 2022 Fortune Global 500 list and No.36 on the 2022 Brand Finance Tech 100 list.The Company was also selected as one of the ESG case com
6、panies with practical reference significance according to the“ESG Inspiring Cases”results released by Forbes China.By early 2023,five of Mideas factories had been included in the“Global Lighthouse Network”initiated by the World Economic Forum,demonstrating Mideas leading position in intelligent manu