Is Midea Group a state-owned enterprise or a private enterprise?

The group is a private enterprise.

Midea Group, founded in 1968, is a science and technology group integrating consumer appliances, HVAC, robotics and automation systems, intelligent supply chain, chip industry and elevator industry. It is a private enterprise, not a state-owned enterprise. The Group has about 200 subsidiaries, 35 R&D centers and 35 major production bases around the world, covering more than 200 countries and regions.