Midea Group’s revenue and net profit both increased in 2025. Management salary cuts of 9.78% to 12119 million yuan; 5.05 million yuan per person. Chairman and President Fang Hongbo’s salary is cut by 8.06% to 1267 million yuan.

(Source: Understand 100,000+)

Recently, Midea Group (000333) released its 2025 annual report. The company achieved operating revenue of 456.452 billion yuan, up 12.11%; net profit attributable to shareholders of the listed company was 43.945 billion yuan, up 14.03%.

The 2025 annual report shows that the total remuneration of the company’s directors, supervisors, and senior management for the 2025 annual report was 121.19 million yuan, which is 13.13 million yuan less than 2024’s 134.32 million yuan, representing a year-on-year decrease of 9.78%. In 2025, there were 24 management personnel, with average compensation of 5.05 million yuan each. The chairman and president, Fang Hongbo, had a total pre-tax remuneration received from the company in 2025 of 12.67 million yuan, which is 1.11 million yuan less than 2024’s 13.78 million yuan, representing a year-on-year decrease of 8.06%. Director and Executive President Wang Jianguo received a total pre-tax remuneration from the company in 2025 of 11.05 million yuan; Board Secretary Gao Shu received a total pre-tax remuneration from the company in 2025 of 3.31 million yuan. None of the above personnel obtained remuneration from the company’s related parties.

Fang Hongbo, Ph.D., joined the company in 1992. He has previously held roles including general manager of the air-conditioning business division, president of Midea Refrigeration & Home Appliances Group, and chairman and president of Guangdong Midea Electric Appliances Co., Ltd., among others. He is currently the company’s chairman, executive director, and president.

The company’s 2025 equity distribution plan is as follows: For the interim period, a cash dividend of 5 yuan will be paid for every 10 shares, with the total dividend amount being 3,448,324,163.50 yuan. For the end-of-year period, a cash dividend of 43 yuan per 10 shares will be paid (including tax), with the total cash dividend amount being 28,586,881,851 yuan.

Midea is a globally leading technology group covering businesses such as smart home, industrial technology, building technology, robots and automation, new energy, health care, smart logistics, and more. It has established a business matrix developed in parallel with both ToC and ToB, which enables it to provide consumers with various smart home products and services, and to provide enterprise customers with diversified commercial and industrial solutions.

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