Chinese Electrical Appliance Manufacturer Midea Plans to Ent…

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BEIJING, January 19 (TMTPOST) — Guangdong-based appliance maker Midea Group (SHE: 000333) plans to tap into at least half of the supply chain of mainstream NEV (new energy vehicle) businesses around the world, Chen Jintao, general manager of Midea Group’s vehicle component subsidiary said.In the past four years, Midea’s vehicle component arm had been focusing on acquiring its first client, the compa