Financial Performance Analysis of Midea's Performance Before and After the Acquisition of Clevo

Abstract

In recent years, with the strong recovery of China's economy and the steady strengthening of the national economy, the home appliance industry has resisted the rise of industrial raw materials, and the overall development of the industry has maintained a positive and positive trend. This paper selects the case of Midea's acquisition of Clivet as the object of analysis. Science and technology change is still the main melody of The Times, the Midea to leading technology as the core of the four main strategies, implementation of ToB and ToC pay equal attention to development of the business, to promote the double qualitative change of domestic and overseas business, with innovation, breakthrough and layout gives priority to tone, to further deepen the development of the five business sector into a new stage, to promote four main strategic ground, Continuous innovation, breakthroughs and progress have been made in the management system, structure and mechanism.