22 September 2013
Midea Group Has Successfully Completed Its A-Share Listing with Its Merger with Midea Holding

Midea Group Co., Ltd. has been successfully listed on Shenzhen Stock Exchange on September 18, 2013 with market value of 71.2bn . This represents the successful completion of Midea Group’s merger with GD Midea Holding Co., Ltd. by share swap and ensuing A-share Listing. With issue size of RMB 30.58 Bn, this deal is the largest equity issuing of home appliance industry listing in the world, and the fourth largest equity issuing in the world in 2013, the largest equity issuing in China since 2011. This deal also marks as the largest M&A deal in the home appliance industry in China.CICC acted as Sole Financial Advisor and Joint Sponsor.