Has Shen Ling been acquired by Midea?

Was acquired. In 2022, Midea acquired Shen Ling. According to the press release issued by Midea Group official website, the acquisition of Shen Ling marks the formal layout of Midea's industrial science and technology sector, which empowers industrial development with its own strength, provides more efficient and accurate solutions for industrial customers, and realizes the beautiful vision of a smart construction site.