After holding shares for nearly 10 years, the news that Midea Group liquidated its shares in Xiaomi Group sparked heated discussions today, with many people speculating on the reasons behind it. A staff member of Midea Group's securities department responded that "it is a normal investment operation of the company and there is no special reason." When asked whether it was related to the adjustment of business strategy, the staff member said "it has nothing to do with it. The business still focuses on the development of ToC and ToB."

According to Midea Group's 2024 annual report, the company sold 902 million yuan of Xiaomi Group shares and completely liquidated its positions.

It is reported that Midea Group has been selling Xiaomi Group shares since 2020.

In 2020, Midea Group cashed out 877 million yuan.

In 2021 and 2022, Midea Group will hold its position unchanged.

In 2023, Midea Group cashed out 59.18 million yuan.

In 2024, Midea Group cashed out 902 million yuan, and the book value of Xiaomi Group shares at the end of the period became 0.

Overall, Midea Group cashed out a total of over 1.838 billion yuan by selling Xiaomi Group shares, making a profit of about 560 million yuan.

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Midea, which has held shares for nearly 10 years, completely liquidated its position in Xiaomi and cashed out a total of 2 billion yuan.