Midea Group announces interim dividend, share buybacks, and executive changes

Midea Group's 2025 interim profit distribution plan proposes a cash dividend of 5 yuan per 10 shares, totaling 3,798,376,386.50 yuan. This dividend is based on 7,596,752,773 shares after accounting for 11,090,741 shares repurchased and cancelled in June 2025, which contributed 602,217,450 yuan to the cash distribution. The total cash dividend, including share buybacks, amounts to 4,400,593,836.84 yuan, representing 16.92% of the net profit attributable to shareholders. The plan awaits approval at the second extraordinary general meeting of 2025.

Additionally, the board approved an amendment to the company's articles of association to reflect the appointment of Wang Jianguo as executive president. Wang Jianguo, previously vice president and executive director, will no longer hold the vice president position. These adjustments align with the company's strategic planning and continued commitment to shareholder returns.

Further board decisions include the approval of the eighth and fifth phases of the employee stock ownership plan, which have reached their vesting periods, and the adjustment of asset pool guarantee amounts for five subsidiaries, including an increase of 5,000 yuan for Shanghai Swisslog Medical Technology Co., Ltd. These reflect ongoing optimization of internal resource allocation and risk management.