Business Daily Media

The Times


.

Midea Group and Hutchison Ports Sign MoU

At Shenzhen Port Global Supply Chain High-Quality Development Conference 2026
Unlocking Global Network Synergies to Build a Stable and Efficient Supply Chain

HONG KONG SAR - Media OutReach Newswire - 9 July 2026 - At the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026, Midea Group (Midea), the global smart home and technology giant, and Hutchison Port Holdings Limited (Hutchison Ports), the world's leading port investor, developer, and operator, announced the signing of a Memorandum of Understanding (MoU).

Guided by the shared vision of "Benefitting from New APEC Opportunities, Forging a New Future for Port and Shipping Cooperation", the two parties will deepen their global strategic partnership over the next two years, combining their respective strengths and resources to co-create a highly resilient, efficient, and mutually beneficial global supply chain ecosystem.

Sam Shi, General Manager of the International Supply Chain Capability Center of Midea Group (first from left) and Ken Chou, Group Commercial Director of Hutchison Ports (first from right), signed the MoU under the witness of Lewis Fu, President of Midea International (second from left) and Eric Ip, Group Managing Director of Hutchison Ports (second from right).
Sam Shi, General Manager of the International Supply Chain Capability Center of Midea Group (first from left) and Ken Chou, Group Commercial Director of Hutchison Ports (first from right), signed the MoU under the witness of Lewis Fu, President of Midea International (second from left) and Eric Ip, Group Managing Director of Hutchison Ports (second from right).

In response to the evolving global trade landscape, these two industry leaders are actively collaborating to bring together their strategic assets and global networks. Midea's expanding manufacturing footprint overseas seamlessly aligns with Hutchison Ports' extensive network of global port resources, establishing a perfect synergy particularly in key markets such as Thailand, Indonesia, Egypt, Vietnam and Mexico. As Midea accelerates its international expansion, its global logistics requirements are experiencing robust growth. This partnership will secure global maritime logistics corridors for Midea, ensuring stable and efficient delivery. Concurrently, Midea's continuously growing cargo volumes will significantly boost throughput across Hutchison Ports' terminals, in turn attracting more international shipping routes to call at its facilities.

Lewis Fu, President of Midea International, said "Under our globalisation strategy, securing reliable logistics services is fundamental to Midea's sustained business growth. We are delighted to deepen our collaboration with Hutchison Ports. Through practical initiatives, such as data integration and priority lanes during peak seasons, we can further enhance supply chain synergy and operational efficiency. This gives us full confidence in steadily achieving our global shipping target of 1.5 million TEUs by 2027."

Eric Ip, Group Managing Director of Hutchison Ports, said "As a world-leading technology enterprise, Midea Group is an incredibly valued strategic partner for Hutchison Ports. Midea's massive and rapidly growing export volumes will inject strong momentum into our terminals. By leveraging our high-efficiency operational standards, advanced digital capabilities, and tailored service frameworks, we will provide reliable logistical support for Midea's global expansion, establishing a new benchmark for industry collaboration."

Under the MoU, this deepened collaboration will initially be launched using Hutchison Ports' Yantian International Container Terminals (YANTIAN) as a key strategic anchor point, focusing on the following areas:

  • Green Logistics and Digitalization Construction: Both parties will actively explore sustainable transport solutions that comply with local regulations and authorities. By integrating Midea's business system with YANTIAN's terminal operating system, they will achieve real-time information sharing and seamless workflow connectivity, significantly enhancing cargo handling and transport efficiency.
  • Port Operation Support: Addressing industry choke points such as peak-season logistical delays and capacity constraints, Hutchison Ports will open priority lanes for Midea during peak seasons. This will expedite the pick-up, return, and reloading of Midea's cargo, ensuring highly efficient dispatch operations and reinforcing the stability of Midea's supply chain.
  • Port Extension Services and Multimodal Transportation: The partners will jointly develop rail freight solutions connecting inland Chinese ports to YANTIAN, alongside comprehensive terminal logistics support including container yards, warehousing, and other value-added services.

Looking ahead, Midea and Hutchison Ports aim to progressively scale up the successful collaboration model established at YANTIAN across Hutchison Ports' vast global network. Both parties will continue to strengthen their strategic alignment on a global level, jointly exploring innovative green and digital logistics solutions to set a new benchmark for smarter, greener, and more resilient global supply chains.


The issuer is solely responsible for the content of this announcement.

About Midea Group

Midea Group is a global technology group integrating seven business segments: Smart Home, Industrial Technologies, Building Technologies, KUKA, New Energy, Midea Healthcare, and ANNTO Logistics, fostering the parallel development of ToC and ToB businesses. Every year, it delivers satisfactory products and services to more than 500 million users worldwide, as well as key customers and strategic partners across various sectors. Currently, Midea operates more than 600 subsidiaries, 43 R&D centers and 65 major manufacturing bases worldwide, with business covering more than 200 countries and regions, and strives to become a global leader in smart homes and an enabler of smart manufacturing.

About Hutchison Ports

Hutchison Ports is the ports and related services division of CK Hutchison Holdings Limited. Hutchison Ports is the world's leading port investor, developer and operator with a network of port operations in 53 ports spanning 24 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, Hutchison Ports has expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities.

In 2025, Hutchison Ports handled a combined throughput of 90.1 million TEU.

News from Asia

Okinawa City schools strengthen digital learning with Alcatel-Lucent’s Wi-Fi 7 network

Future-ready infrastructure supports digital learning across 24 schools and approximately 10,000 studentsOKINAWA, JAPAN – Media OutReach Newswire – 8 October 2026 – ALE International, operating un...

Allianz: Companies Experience Sharp Increase in Business Interruption Losses

Average business interruption claim exceeds €850,000, around 70% higher than the average associated property damage claim. Fire and explosion accounts for more than 4...

Asia’s No. 1 business school uses AI to sharpen judgement in leaders

SINGAPORE – Media OutReach Newswire – 8 October 2026 – As businesses across Indonesia and Southeast Asia accelerate their use of artificial intelligence (AI), NUS Business School is exploring a di...

EU Rules and Supply Limits Test Asia’s Access to Key Export Markets as Plasticity Forum Returns to Malaysia for Solutions

Why manufacturers, businesses, brands and policymakers across Asia-Pacific should be in the room as new rules reshape how materials move. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 Oc...

Dhaya Maju Infrastructure (Asia) Sdn. Berhad: 30 Years of Building the Infrastructure That Connects Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 October 2026 – Dhaya Maju Infrastructure (Asia) Sdn. Berhad (DMIA), a Malaysian infrastructure engineering and mobility company, marks more tha...

Tune Protect Expands Embedded Travel Protection Offering with Airpaz Across Indonesia, Thailand and the Philippines

Building on its Malaysia launch last year, the expanded partnership makes travel insurance more accessible by embedding protection into the flight booking journey across four markets. KUALA LUMPUR...

Malaysia Secures 20 Recognitions, Including Eight Category Wins, At ASEAN Energy Awards 2026

MANILA, PHILIPPINES – Media OutReach Newswire - 8 October 2026 – The Ministry of Energy Transition and Water Transformation (PETRA) extend its warmest congratulations to the Malaysian organisation...

Win A Trip To Las Vegas As Audi Revolut F1 Team Reveals Singapore Special Livery And Exclusive Adidas Capsule Collection

Special Audi R26 livery combines a Singapore-specific interpretation of Titanium Silver Grey, inspired by the city's changing light, with a Traditional Peranakan Pattern Exclusive...

Media OutReach Newswire Founder & CEO Jennifer Kok Named Top Nominee in the Woman Entrepreneur Category for EY Entrepreneur Of The Year™ 2026 Malaysia

Recognition in the Woman Entrepreneur category honours a 17-year journey building Asia Pacific’s first global newswire – and the first founded by a woman – giving Asian brands a voice on the world ...

As Travel Surges and Disruptions Persist, Allianz Insurance Singapore Highlights Growing Need for Travel Protection

SINGAPORE – Media OutReach Newswire – 8 October 2026 – Allianz Insurance Singapore today highlighted the growing importance of travel protection as flight disruptions continue to affect travellers...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...