Midea and NIO signed a strategic cooperation agreement to jointly develop products such as air conditioning compressors, electric drives, thermal management integration, and car refrigerators. Today, Midea and NIO signed a strategic cooperation agreement at Midea's Weiling Automotive Parts Anqing Factory. According to the agreement, both parties will deepen cooperation in the field of automotive components and new technology research and development, jointly developing products including but not limited to air conditioning compressors, electric drives, thermal management integration, and in car refrigerators. In addition, in the industrial field, Midea will also leverage its advantages in robotics and digitization. The two sides will cooperate in areas such as industrial robot bodies, automotive and general industrial automation solutions, overall motion control solutions, digital management systems, and smart logistics.