Midea Group announced that Midea Venture Capital, a wholly-owned subsidiary of the company, plans to transfer 1.25% of the property shares of the Tibet Guoke Dingyi Investment Center held by Kelu Energy, a holding subsidiary of Kelu Electronics. The corresponding pledged and paid-in investment amounts to 14 million yuan, and the transfer consideration is 13.9459 million yuan. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors and shareholders' meetings for consideration. The source of capital for this investment is own capital and will not have a significant impact on the company's production, operation and financial situation. The transaction still needs to complete procedures such as industrial and commercial registration and filing, and there is a risk that the return on investment will not meet expectations.

Midea Group announced that Midea Venture Capital, a wholly-owned subsidiary of the company, plans to transfer 1.25% of the property shares of the Tibet Guoke Dingyi Investment Center held by Kelu Energy, a holding subsidiary of Kelu Electronics. The corresponding pledged and paid-in investment amounts to 14 million yuan, and the transfer consideration is 13.9459 million yuan. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors and shareholders' meetings for consideration. The source of capital for this investment is own capital and will not have a significant impact on the company's production, operation and financial situation. The transaction still needs to complete procedures such as industrial and commercial registration and filing, and there is a risk that the return on investment will not meet expectations.