Midea Group is a leading technology company specializing in robotics, industrial automation, HVAC systems, consumer appliances and smart logistics. It was listed among the Fortune 500 in 2016. Midea operates around the world through 200 subsidiaries, 60 overseas affiliates and 10 strategic business units. In 2015, it became the first Chinese household electrical appliance enterprise to obtain Standard & Poor's, Fitch and Moody's three major international credit ratings. Midea is a leader in the global home appliance industry and among domestic private enterprises.