1968: Establishment1981:Started Fan Production1985:Established Residential AC Division1993:IPO in Shenzhen Stock Exchange1999:Formed GMCC for Toshiba Brand Compressors; Enter Commercial AC field.2004:J.V. with Toshiba-Carrier Midea AC& Refrigeration Group acquired Hualing, Royalstar Acquired Chiller manufacturer ChongQing General2008:Acquired Littleswan for washing machineMidea HPWH PRODUCT25 years of experience in heat pumps16 million heat pumps to world market; No.1 in HPWH sales in China market; Full production line: sanitary water, space heating, central heating system, and pool heating based on heat pump technology.Sales 2008: USD100M domestic market+ USD20M overseas.