While strengthening the industry of household appliances, Midea is also taking initiatives in expanding new domains. By acquisitions, mergers, and cooperation on a trans-regional and trans-sectoral basis, the group is now marching to a diversified business operation in a well-grounded way. In addition to the domain of household appliances, Midea is also engaged and developing rapidly in the industries of real estate, automobiles, logistics, information technique, finance, and so on. With the acquisition of the industries of refrigerators and washing machines in 2004, Midea's products group of white appliances has been completed, with its overall competitiveness enhanced.