On June 3, 2025, HXPP Chairman led a delegation to Midea Group Headquarters and signed the Overseas Strategic Cooperation Agreement with Li Guolin, Vice President of Midea Group, and the Supply Chain Director of its Core Business Division. This collaboration marks Midea's first overseas supplier strategic synergy project, establishing an industry benchmark.

        As a globally leading technology group, Midea operates across smart home appliances, industrial technologies, building solutions, robotics & automation, and digital innovation. Recognized as a flagship enterprise in China's manufacturing globalization, it maintains 38 R&D centers and 44 production bases worldwide, with overseas business accounting for over 40% of its portfolio.

        2024 Annual Report explicitly states: "Deepen overseas resource commitment and fully expand global markets." This partnership embodies both long-standing mutual trust and strategic alignment.

        Three core mechanisms drive implementation:

1. Strategic Synergy Empowerment: Midea guarantees minimum three-year procurement volumes to accelerate scaling of HXPP’s overseas plants. This injects robust momentum into HXPP’s global expansion while solidifying collaborative foundations.

   
   

2. Value Chain Competitiveness Co-creation: HXPP will provide turnkey factory support for Midea’s overseas bases, introducing advanced technologies to enhance product quality assurance and agile delivery capabilities.

   
   

3. Risk-sharing Collaboration: Both parties will establish consultative protocols for market volatility and force majeure scenarios to safeguard core interests and ensure operational resilience.

   
   

        At the signing ceremony:Li Guolin emphasized: "Midea will standardize resource management across regions, accelerate global supply chain deployment, and deepen mutually beneficial partnerships."HXPP Chairman stated: "Our ethos of 'Sustainable Innovation & Pragmatic Growth' aligns with Midea's 'Growth Through Simplification' strategy. This partnership represents not just an upgrade but catalytic momentum for global breakthroughs."

        This milestone signifies a transformative shift from 18 years of domestic collaboration to a new era of globalized partnership.