On December 8 evening, Midea Group announced that as of December 8, 2025, the company had repurchased approximately 135 million shares, accounting for 1.76% of its total share capital. The highest transaction price was 83.11 yuan per share, while the lowest was 69.91 yuan per share, with a total expenditure of about 10 billion yuan. This completes the company's buyback plan, having reached the upper limit of 10 billion yuan as initially proposed.

According to the buyback plan, 70% or more of the repurchased shares will be canceled to reduce registered capital.

The company's latest financial report shows that Midea Group achieved total operating revenue of 364.72 billion yuan in the first three quarters, a year-on-year increase of 13.8%, with net profit attributable to shareholders reaching 37.88 billion yuan, up 19.5% year-on-year. Notably, in the third quarter alone, Midea's operating revenue exceeded 100 billion yuan again, reaching 112.4 billion yuan.

In the secondary market, Midea Group's shares fell sharply at the opening on December 8, closing down 0.51% with a latest market capitalization of 634.9 billion yuan. It's worth mentioning that on December 4, Midea's intraday price hit 83.17 yuan, marking its highest level in over four years.

(Disclaimer: The content is for reference only and does not constitute investment advice. Investors should bear their own risks accordingly.)