On November 5, JD Group and Midea Group held a strategic cooperation signing ceremony. Xu Ran, vice chairman of JD Group SEC and CEO of JD Group, Fang Hongbo, Chairman and CEO of Midea Group, Yao Yanzhong, senior vice president of JD Group and president of the JD Retail Home Appliance Business Group, Zhao Lei, vice president of Midea Group and president of the smart home business group, Wang Chunkai, China regional president of Midea Group's smart home business group, and other senior officials from both sides attended. The two sides will carry out comprehensive strategic cooperation in the fields of omni-channel retail, digital procurement, enterprise services, and integrated domestic and international supply chains to jointly promote the omni-channel sales target of 238.8 billion yuan for the home appliance retail business in the next three years, continue to strengthen the complementary advantages of JD's super supply chain and Midea's advanced manufacturing, jointly expand domestic and foreign consumer markets, and create a new benchmark for the collaborative and win-win industry.

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