Midea Corporation set up an international e-commerce and investment company in Hainan

New company Midea (Hainan) Trans-border E-commerce Co., Ltd. was registered by the Hainan Provincial Market Surveillance Authority. The company is established with a registered capital of RMB 5 million, legal representative is Wang Jianguo, and the industry belongs to wholesale.


Its activities include Internet sales; sale of refrigeration and air conditioning equipment; sale of power and electronic components; retail trade in electronic components; sale of household appliances, etc. Public information shows that the main shareholder of the company is the Midea Group, which owns 95% of the shares. The second largest shareholder is Foshan Midea Air Conditioning Industry Investment Co., Ltd., which owns 5%.


Formerly Japan and United States Investment Co., Ltd. was also registered in Hainan, the legal representative is Liu Xiao, the registered capital is RMB 50 million, the registered address is in Jiangdong New District of Haikou City, and this industry belongs to the business services sector. His field of activity is the implementation of investment activities at his own expense, etc. Midea Group owns 90% of the company's shares.


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