Midea Group Co.,Ltd. released its annual financial report on the evening of March 30. The company achieved total operating revenue of 458.5 billion yuan, representing a year-on-year increase of 12.1%. Net profit attributable to shareholders of the listed company reached 43.95 billion yuan, marking a 14% rise compared to the previous year. Overseas revenue amounted to 195.9 billion yuan, up 15.9% year-on-year, while revenue from its ToB business grew 17.5% to 122.8 billion yuan. Currently, Midea Group has established an AI research and development team comprising over 400 professionals. More than 13,000 intelligent agents are operational daily across various scenarios including residential, office, manufacturing, healthcare, warehousing, and logistics. These implementations have resulted in over 15 million hours of internal operational efficiency improvements annually and generated cost savings totaling 700 million yuan. The company plans to invest more than 60 billion yuan in cutting-edge scientific research over the next three years.
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