美的集团2025中期报告

（於中華人民共和國註冊成立的股份有限公司） 2 7 9 46 56 72 75 77 78 81 83 85 ToCToBiBUILDING++ 5 4003863192002241 20257500246311050020255ESG2025ESG20256200018421AI+2025TOP5020253(TIME)2025World’s Best Companies 2025 – Asia Pacific43202541320246AIToCToB(Skincare Bathroom Water Softener)(UltraSlim Under-sink Water Softener)50(InternationalExhibitionofInventionsGeneva)BrandFinance2025500202510027146BrandZGoogle2025BrandZ5020255(ESG)(S&PGlobal)2025(Sustainability Yearbook 2025)2025 MSCI ESGAESG20254SGSISO14068-1:2023ESG20256371395G33620258WRCA 2025KA 202562025(2025SNEC)++AIAI 20255302025328 20253282025328 6 33191918 www.midea.com.cn +86 757 2260 7708+86 757 2663 7438 H 183171712-1716 000333.SZ0300.HK 202520253,524.61.4%20253C4,5379.2%2025IP2024202520242025 20251,26312.4%2,20035.2%2,200-3,00092.5%98%95%10% 202547611.5%7613.7%20253510%26%5% 2025672.83.5%2,2007.4%8,000-14,00039.5%202560%80%202552.1%501-550L20222025550%40% 20257893.9%2025“”202561.97.5%4,00033.3%9,00051.5%1819%33%202539.35.3%3.9%5.6%202516711.8%9310.1%202525m³min47.9%65.5%1,200Pa15.3%21.6%5.2KW70%2025156.521.3%22.0%41.4%8.9%20251061312.3%202513.6%12.8%16L6.8%7.7% 20253199.3% 202522430%41.1%30.3%10.6% (IFR)20242024IFR2023428.210%202354.12%508%27.6351%2023AMR30%20.5 IFR20231621,0002023470202420243%2025-20274%202760 2025202430.212MIR20251616%202510%2025AIPCBAI30%38.8%26.4%24%20.5%2025SCARA10.5%50%20kg11.2%20kg16.5% 202540%10%202470%20020256915.5%82%ToB70% 202565.46.4%203,000202551414,000 2024202222%AI202560%+AI 202520252,52315.7%26025.0% OBM +OBM 2025T3T3+46100%60Intertek6090CelestNumen AvigatorAIECOMASTERIntertek40%Prime Guard52 03,500W1IV6Hz0.310245W40%-7~48Y11445°31 Mini1+1KGCOLMOAIAI3.0AIDeepSeekAIAIAIAIiFX20++50%UFB3.099.99%iF2.0MEMS2.0MFPowerMix SprayT37/35 COLMO 990AI31iFIDEAUltra10UNIT745cm427L2UR-BCD830WZ1-STOneTouchAutoFill™SPACEMASTER SPACEMASTEROBMJapandi2mmPureAir60CE-BCD526WX-JTCE-BCD527WX-JTHygiene label M10S MAX107%3s0.2ms7AZ600302,000L40%35~60MRC988-3000MPCPH AK7MAX28m3/min+99%A/Q++ GX6000SMax12099.99%55,000Pa1187 IH4IHIH30 GABAγ-90%121%GR6ProAIAI28%37%M-ClimateCOLMOTURING2.0AI30%YD95250250 AT699.99%22,000Pa100V16(CES)22,000PaIntelliView AI 2.04cm8N100% 21.5%4-6dB5 TP3 (Technologies)(People)(Projects)(Processes)TP3 1682202511144475360DTCOBMToB202510147iF35IDEA19 3+1+2025832516242,200Wireless Power Transfer Controllers2-1141X20255,5001,0002025615.53135614 AI 2025520244202420252100The Humanoid 100: Mapping the Humanoid Robot Value Chainthe Humanoid 100 – Morgan Stanley’s List of Global HumanoidEnablers DTC 2.0Mall2,0002.5POS2OMO202520018% 202550%61813+ 2025 71v120252,9002025400%OneID (NPS)3655GAI20253,200 AISmartHome AgentAPPSmart Home AgentAIIoTAI+20256APP8,0002,000COLMO+ 2025 TEKAIn Europe, for Europe2025OneTouch AutoFill™50/50 Flex™AI ECOMASTER2024PortaSplit2025 OBM10%AIoTAIECOMASTERAIDiag202518090070% • 20251,400 202530%50%1AIAI(PSI) OBM2024202320242025202520%2022Amazon ConnectAmazon18 AIGC3.0iService2025iService19202515%2024(NPI)IT16365 2025202510%16% DTC3.0APP100%93%10%14%13OMO225,000O2O610%4,5008,000244812095% 3.0AIiBOSAIMideaClub13 AI85%iService201,0005,000AIAI2025InboundAIGC2% AIGC70%20%20%95%71%OBMOBMAIGCAI-TRIZAIAIAIAIAIESGESG30%IPDP 3.0ClivetKD2.0S&OP(Sales and Operations Planning)PSI(Plan-Sales-Inventory)OBM90%100%50%Factory AgentFactoryAgent30%10%ESG8.3%SGS ToB+AIToBSaleSmartSaleSmart90%99%Sale Smart AIAI10% AI50%AIGC AIData+AIToBAI30%KDKD20%DTCAI(VOC)OBMAIToBAI (GNC)AIIDCAIGPU20%AI20%AI AIGC301455002025APP10.0AI32%15%SLA99.9%202561.24,300DeepSeekR1APPAIAIICASSPInterspeechACLIROSICCCM 2025COLMO+60%COLMOAICOLMO2025COLMOTURING2.0708700L+2025iF2025COLMO EVO2.0AICOLMO TURING2.0AI AgentCOLMOEVOX520LAICOLMOEVOCOLMOTURING2.0KOLAI110%80%OMO+202561,700COLMO28020256COLMO3001V124&&COLMO365 202550%60%150%61890%60%35A1,2003006001,2001.8140 2025BIP618202525%12UV3,000 16~20kW R2902025(ISHChina&CIHE)R32150CCEC2025HPEECMAWE2025MCUMR88F001202512-18kW(8-160Hz)16-20kWR290IPMBLDCECM 2024202420256903,20013(GB/T22068-2025)2025ISO/TC86/S4CGMCC202510%5007502,200 Aqua-EAqua-CThermoFlux20256(FRA)(LSFT)Tier110.5GWh 2025OBMOEMEPC22202563GW(APVIA)2025APVIA20kw-40kw2025SNECCGCiF7034HC2000 20255%EPS1002025DE14MDE17M2025 20253 iBUILDING2025(VRF)28%15%65%130%40%32024120253 2025ToB 2025630019.7iBUILDINGi200300DTCPUE 20252ARBONIAAGARBONIAClimateARBONIAClimate2025ClivetARBONIAClimateMBTClimate20242025 2025TRUEMDV9G310º32%30%IP68+He15+i1+X+XAIDC47kWh70%150+20%90%Kermi+(HVAC+ESolution)HEMSKermi3,600503.5×20×3.5m308:130% 2025(AHR)(ISH)MthermalR454BNatureR1234ze6MBTClimate 202563,0007• TRUETRUE150BerjayaTime Square70CEEAC2025(EER)5.340%1,500T25(EER)5.0(R1234ze)2,750(Gotion High-Tech factory inChicago Manteno)50 2025(Space Horizon Series)(Heyou Hospital IOC)ClivetR290 EDGE PRO2025iF20252025(WEF)AI20242025 2025KMRiisy CR(AMR)11kg15kg(Fraunhofer Institute)DIN EN ISO 14644-1KR FORTEC PAKR FORTEC ultra PAKRFORTEC PA500kg(TCO)KR FORTEC ultraPA800kg20255BoxPickerMedTechBreakthrough Awards