Initiation of the 14th Technology Month

The 14th Technology Month Activity by Midea Group will be fully initiated on the 1st of September and continue until October. The annual Midea Group Technicians Award Meeting will be held on 9th October. This activity is aiming to further promote technical innovation and give honor to the groups and individuals who have made outstanding contributions to Midea technology in the year from 2008-2009. Under the financial crisis, many enterprises cut budgets and save costs, while Midea keeps increasing its investment in technical research and development. The total prize in this Technology Month reaches RMB 12 million, which hits a new history high, approximately 20% higher than the previous year.