Midea Invests RMB 10 Billion in Its New Industrial Park in Shunde
2023-02-27
Midea Group plans to build a Digital Scientific and Technology Industrial Park, integrating research and development (R&D), design, manufacturing, and digitalization at Qunliwei Zone, Beijiao County, Shunde District, Guangdong Province. In Phase-1 project which covers over 333,000 m2, Midea Group invests RMB 10 billion (about US$1.5 million) jointly with its holding subsidiary company, Midea Heating and Ventilation Equipment.
