CORPORATE BACKGROUND
Established in 2004, Midea Real Estate Group has become a famous domestic real estate developer after more than 10 years of development; mainly engaged in real estate development, the company involves in various business fields, such as property management, smart home, commercial real estate, culture and travel, pre-fabricated house. Adhering to the new-type urbanization strategy, the company focuses on regional deep penetration and pay attention to balance of city layout; as at March 31, 2018, the company has implemented its strategic layout in the Pearl River Delta Region, the Yangtze River Delta Region, the Middle Reaches of Yangtze River, the Bohai Rim region, Southwest Economic Area; its projects cover 33 cities (located in 11 provinces) and 1 municipality. In 2017, the turnover of the company exceeded 50 billion.