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

New Documentary Under the Hakka Liugdui Sun From Discovery to Debut on August 20 in Southeast Asia

SINGAPORE - Media OutReach Newswire - 18 August 2026 - Under the Hakka Liugdui Sun, a brand-new three-part documentary by Discovery produced in partnership with the Hakka Affairs Council in Taiwa...

Paymentology Powers GoTyme Bank’s Apple Pay Launch in the Philippines

GoTyme Bank becomes the first digital bank in the Philippines to enable Apple Pay, expanding secure and seamless digital payments for 10 million customers MANILA, PHILIPPINES - Media OutReach News...

Tech Data Expands IBM Distribution to Accelerate Partner-Led Growth Across Asia Pacific

Through its parent company, TD SYNNEX, the expansion strengthens scale, consistency, and execution across the regionHONG KONG/HANOI/PHNOM PENH – Media OutReach Newswire – 18 August 2026 – Tech Dat...

JSCCIB Joins Forces with Public Sector and World Bank to Launch "The Bangkok Business Summit 2026: Reinvent Thailand, Resilient ASEAN"

Driving the Thai Economy and Charting New Strategic Pathways for the Future of ASEANBANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industr...

Droneport-1000 to Advance Malaysia’s Low Altitude Economy from Sabak Bernam

SABAK BERNAM, SELANGOR – Media OutReach Newswire – 18 August 2026 – Selangor Aviation Technology and Innovation (SELATI), in collaboration with Universiti Selangor (UNISEL), launched the Droneport...

Jobsdb by SEEK Hosts 3rd "HR Conference 2026" Bringing Together Nearly 500 Industry Professionals to Explore Emerging AI Recruitment Trends

Platform launches new “Personalised Targeting” feature this month, leveraging AI to improve hiring outcomesHONG KONG SAR – Media OutReach Newswire – 18 August 2026 – Jobsdb by SEEK, Hong Kong's l...

Citigold Equips Future Talent Through Greater Bay Area Innovation

Second-year cross-border program connects Citigold Summer Analysts and Citigold Wealth Analysts with fintech leaders, artificial intelligence (AI) applications and emerging trends transforming weal...

"This Sea Embraces All" — The 7th Hainan Sports Games Open in Qionghai

QIONGHAI, CHINA – Media OutReach Newswire – 18 August 2026 – On the evening of August 16, 2026, the 7th Hainan Sports Games opened at the Qionghai Culture and Sports Center...

Set Off on a Solo Journey to Reconnect with Yourself, Recharge, Embrace New Experiences and Rediscover Joy in Your Own Way

BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – As travel becomes less about simply changing destinations and more about spending meaningful time with oneself, solo travel is gainin...

V3 Group’s Health and Wellness Supplements Brand LAC Acquires MASQUELIER’S® French Pine Bark Extract; Continues Business Expansion Across East Asia, the Middle East and Africa

SINGAPORE – Media OutReach Newswire – 18 August 2026 – V3 Group Limited, the Singapore-based holding company with a diversified portfolio spanning well-being, luxury gourmet, capital markets, real...

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...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...