Industrial and Financial Synergy to Break New Ground! Midea Group Partners with Anhui Transportation Construction Group and Wanjian Financial Leasing for Strategic Cooperation

On October 17, Midea Group held discussions with Anhui Transportation Construction and Wanjian Financial Leasing at Midea Group's headquarters, and signed a strategic cooperation agreement with Wanjian Financial Leasing. Both parties will focus on new energy, industrial robots, medical equipment manufacturing, and other key areas, engaging in comprehensive and in-depth cooperation to jointly explore new paths for resource sharing and mutual benefit.

Midea Group Chairman and President Paul Fang, and Anhui Transportation Construction Group Party Secretary, Chairman, and General Manager Sun Gexin, witnessed the signing ceremony. Li Baigen, Party Committee Member and Vice President of Anhui Transportation Construction Group, and Zuo Dunli, Chief Economist and Party Secretary and Chairman of Wanjian Financial Leasing, attended the signing ceremony. Ye Yongbin, Deputy Party Secretary and President of Wanjian Financial Leasing, and Liu Yi, General Manager of HICONICS and Midea's New Energy Company, signed the strategic cooperation agreement on behalf of both parties.

According to the agreement, both parties will establish an efficient coordination mechanism: leveraging Wanjian Financial Leasing's deep experience and resource advantages in the financial services sector, and combining Midea's technological accumulation and market layout in energy and intelligent manufacturing, the cooperation will be further expanded based on the existing household PV collaboration. This expansion will not only deepen the 'Transportation + New Energy' scenario application, the synergy of the entire new energy industry chain, technology and platform co-construction, and regional market linkage, but also extend to areas such as industrial robots and advanced equipment manufacturing, promoting multi-dimensional value creation and releasing new momentum of industrial integration.

Previously, HICONICS and Midea's new energy company had successfully cooperated with Wanjiang Financial Leasing to complete the first batch of green certificate applications and green electricity transactions, fully validating the feasibility of the “green asset value realization” business model, laying a solid foundation for further cooperation. The signing of this strategic cooperation agreement will further explore the deep integration path of green finance and the real economy, promoting the integration and complementary advantages of the two companies’ resources to a higher level.

Paul Fang stated that the two parties have already started cooperating in the field of new energy, which is a good start, and further exploration can be done in scenarios such as microgrids and virtual power plants. In the future, it is hoped that both parties can use this as a foundation, leveraging mature financial cooperation models, to conduct deeper exchanges and collaboration across multiple dimensions from consumer business to commercial business.

Sun Gexin pointed out that Midea Group is a benchmark enterprise in China's manufacturing industry, with significant advantages in the fields of intelligent manufacturing and green energy. It is hoped that, taking this strategic signing as an opportunity, future cooperation can be continuously expanded in scale to achieve higher-level win-win development.

The delegation from Anhui Transportation Construction Group also visited the Midea Headquarters Exhibition Hall 08, gaining a deep understanding of Midea's achievements in product research and development, technological innovation, and industrial layout through on-site observations, which helps to build consensus for the implementation of subsequent cooperation. In the future, both parties will take this signing as a starting point, continuously deepen the integration of industry and finance, using financial 'living water' to accurately irrigate the industrial upgrades of new energy, intelligent manufacturing, and other physical entities, while also using industrial practices to feedback and foster financial service innovations, thus injecting more momentum into the high-quality development of the real economy.