Midea Group Co., Ltd.





2015 Semi-Annual Report









August 2015

Section I Important Notes, Contents and Definitions



The Board of Directors, Board of Supervisors, directors, supervisors and senior

management of Midea Group Co., Ltd. (hereinafter referred to as the

“Company”) hereby guarantee that the information presented in this Report is

truthful, accurate and complete, and shall together be jointly and severally liable

for any false records, misleading statements or material omissions in this Report.

All directors of the Company attended the Board meeting for reviewing this

Report.

The Company plans not to distribute cash dividends or bonus shares or turn

capital reserves into share capital for the first half of 2015.

Mr. Fang Hongbo, chairman of the Board and president of the Company and Ms.

Yuan Liqun, responsible person for the Company’s financial affairs have

represented and warranted that the financial statements carried in this Report

are truthful, accurate and complete.

This Report has not been audited by a CPAs firm.

The future plans and some other forward-looking statements mentioned in this

Report shall not be regarded as virtual promises of the Company to investors.

Therefore, investors are kindly reminded to pay attention to possible investment

risks.

This Report has been prepared in both Chinese and English. Should there be

any discrepancies or misunderstandings between the two versions, the Chinese

version shall prevail.

 2015 Semi-Annual Report of Midea Group Co., Ltd.









Contents









Section I Important Notes, Contents and Definitions ................................................... 2



Section II Corporate Profile .......................................................................................... 3



Section III Summary of Accounting Data and Financial Indicators ............................. 5



Section IV Report of the Board of Directors................................................................. 8



Section V Significant Events ....................................................................................... 33



Section VI Changes in Shares and Information about Shareholders .......................... 54



Section VII Preference Shares ..................................................................................... 60



Section VIII Information about Directors, Supervisors and Senior Management ...... 60



Section IX Financial Report ........................................................................................ 61



Section X Documents Available for Reference ......................................................... 193









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2015 Semi-Annual Report of Midea Group