$54 Billion China Appliance Giant Midea Group Founder He Xiangjian Son He Jianfeng to Buy Jason Furniture for $1.4 Billion, He Jianfeng to Buy via Investment Firm Infore Group
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$54 Billion China Appliance Giant Midea Group Founder He Xiangjian Son He Jianfeng to Buy Jason Furniture for $1.4 Billion, He Jianfeng to Buy via Investment Firm Infore Group
11th November 2023 | Hong Kong
China appliance giant Midea Group ($54 billion market capitalization) founder He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.He Jianfeng will be doing the acquisition via his investment firm Infore Group.He Xiangjian is also a Board Director at Midea Group.In late September 2023, Midea Group filed for a Hong Kong IPO (Initial Public Offering).Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.
” $54 Billion China Appliance Giant Midea Group Founder He Xiangjian Son He Jianfeng to Buy Jason Furniture for $1.4 Billion, He Jianfeng to Buy via Investment Firm Infore Group “
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$54 Billion China Appliance Giant Midea Group Files for Hong Kong IPO, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981
Midea Group
23rd September 2023 – China appliance giant Midea Group ($54 billion market capitalization) has filed for a Hong Kong IPO (Initial Public Offering). Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981. Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting. He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.
$54 Billion China Appliance Giant Midea Group Files for Hong Kong IPO, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981
Midea Group
Midea Group
Midea Group is a Fortune 500 company, with robust business growth across multiple sectors.We believe in humanizing-technology, which means we provide customized solutions based on our deep understanding of human nature, enabled by the joint forces of 52 years manufacturing excellence and global leading robotic and automation technology. We go above and beyond to embrace the future, constantly exploring and inventing to meet the ever-changing demand of our customers and consumers.
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