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In September 2013, the whole entity was publicly listed in the Shenzhen Stock Exchange as Midea Group. At the same time, Guangdong Midea Electric was privatized by Midea Group. [11] At the end of 2014, the Chinese electronics giant Xiaomi invested CN¥1.2 billion by acquiring 1.2% shares of Midea Group. A cooperation between the two companies ...
A dehumidifier uses the same refrigeration cycle but incorporates both the evaporator and the condenser into the same air path; the air first passes over the evaporator coil, where it is cooled [52] and dehumidified before passing over the condenser coil, where it is warmed again before it is released back into the room.