Recently, Gao Shuyuan, the newly appointed Secretary of the Board at Midea Group, shared significant insights on various development issues of the company during an interview, attracting wide attention in the market. This opportunity allows us to outline her background. According to public information, Gao Shuyuan, aged 42, holds a doctoral degree, although the details of her alma mater have not been disclosed. She previously held positions as Executive General Manager and Managing Director in the Investment Banking Department of China International Capital Corporation Limited (CICC). She joined Midea Group in March 2025 and currently serves as the Secretary of the Board, Co-Company Secretary, and Director of Investor Relations. Notably, Gao was involved in Midea Group's overall listing on the A-shares back in 2013.
At the time of her appointment, Midea Group also released impressive mid-year financial results. In the first half of 2025, the company achieved total operating revenue of 252.3 billion yuan, a year-on-year increase of 15.7%; net profit reached 26.7 billion yuan, up 26%, with a 25% rise in net profit attributable to shareholders, demonstrating a steady growth trend. However, this strong performance contrasts with the company's subdued recent performance in the capital market. In response to this, Gao stated in the interview that Midea stocks are relatively stable with minimal price fluctuations, but she believes the current stock price is undervalued, thus conveying confidence through share repurchase actions.
Additionally, mergers and acquisitions remain a significant driver of Midea's long-term development. She recalled that Midea acquired key patents through the purchase of Toshiba Appliances and expanded its overseas market presence, entered the industrial robot sector via KUKA, and strengthened its new energy initiatives through acquisitions such as Risen Energy and Kelu Electronics. There was previous speculation that Gao's investment banking background might signal an accelerated acquisition pace for Midea; however, she explicitly denied this during the interview, emphasizing that the merger strategy is always aligned with the business strategy. As this is her first time serving as a listed company’s Secretary of the Board, we will continue to monitor Gao Shuyuan's subsequent career developments.