On the afternoon of December 26, Sina Technology learned that recently, a Midea dealer received a notice that the prices of various Midea Building Technology products were raised by 5%. The core reason for this price adjustment is that global prices of raw materials such as copper, iron, and aluminum continue to rise sharply, leading to a rise in manufacturing costs for upstream manufacturers. The implementation period starts on December 15, 2025. In response to this news, Midea Building Technology said that the company has not issued a uniform price increase notice for all products across the country, and that each region can independently formulate service value-added and sales support policies based on local market conditions. At the actual sales level, a Midea dealer said, “For customers who originally intended to order and ship before the end of December, our company will still implement the original price. However, starting from January 1 next year, we will also adjust the price of the main models. The specific price will be based on the latest quotation.” Midea Building Technology is one of Midea Group's ToB business segments, mainly involving building products, services and related industries. Its business covers HVAC, digital elevators, energy management, building control, etc. The products include multi-line units, large-scale chillers, unit units, computer room air conditioning, escalators, straight elevators, freight elevators, etc., as well as integrated solutions for building automation software and weak electricity in buildings. Financial data shows that this business segment has maintained rapid growth in recent years. In the first three quarters of 2025, Midea Group's revenue was 364.716 billion yuan, an increase of 13.85% over the previous year. Among them, the revenue of intelligent building technology was 28.1 billion yuan, an increase of 25% over the previous year, accounting for about 7.7% of revenue. In fact, in recent years, as the cost of upstream raw materials continues to rise, according to incomplete statistics, many HVAC companies such as Mitsubishi Heavy Industries Haier, Tianjia, Linnei, and EK have adjusted their prices. This is also not the first time that Midea Building Technology has adjusted prices due to cost pressure. According to media reports, in March 2022, along with factors such as continuous increases in raw material prices, shortages of key components such as chips, and rising labor costs, Shanghai Clevomey's HVAC Equipment Co., Ltd. issued a notice announcing a price increase for the full range of Midea Building Technology products starting April 1 of that year.

Zhitongcaijing · 2d ago
On the afternoon of December 26, Sina Technology learned that recently, a Midea dealer received a notice that the prices of various Midea Building Technology products were raised by 5%. The core reason for this price adjustment is that global prices of raw materials such as copper, iron, and aluminum continue to rise sharply, leading to a rise in manufacturing costs for upstream manufacturers. The implementation period starts on December 15, 2025. In response to this news, Midea Building Technology said that the company has not issued a uniform price increase notice for all products across the country, and that each region can independently formulate service value-added and sales support policies based on local market conditions. At the actual sales level, a Midea dealer said, “For customers who originally intended to order and ship before the end of December, our company will still implement the original price. However, starting from January 1 next year, we will also adjust the price of the main models. The specific price will be based on the latest quotation.” Midea Building Technology is one of Midea Group's ToB business segments, mainly involving building products, services and related industries. Its business covers HVAC, digital elevators, energy management, building control, etc. The products include multi-line units, large-scale chillers, unit units, computer room air conditioning, escalators, straight elevators, freight elevators, etc., as well as integrated solutions for building automation software and weak electricity in buildings. Financial data shows that this business segment has maintained rapid growth in recent years. In the first three quarters of 2025, Midea Group's revenue was 364.716 billion yuan, an increase of 13.85% over the previous year. Among them, the revenue of intelligent building technology was 28.1 billion yuan, an increase of 25% over the previous year, accounting for about 7.7% of revenue. In fact, in recent years, as the cost of upstream raw materials continues to rise, according to incomplete statistics, many HVAC companies such as Mitsubishi Heavy Industries Haier, Tianjia, Linnei, and EK have adjusted their prices. This is also not the first time that Midea Building Technology has adjusted prices due to cost pressure. According to media reports, in March 2022, along with factors such as continuous increases in raw material prices, shortages of key components such as chips, and rising labor costs, Shanghai Clevomey's HVAC Equipment Co., Ltd. issued a notice announcing a price increase for the full range of Midea Building Technology products starting April 1 of that year.