On June 12th, Guangda Securities' research report pointed out that, according to online industry data, Midea Group Co., Ltd (stock code: 000333.SZ) had a year-on-year increase of 8% in domestic sales of household air conditioners from January to April (with a domestic market share of 28.5%, down by 2.2 percentage points from the same period last year), while its overseas sales volume increased by 28% (with a domestic market share of 33.4%, up by 0.8 percentage points from the same period last year). In the long run, Midea Group's leading position is firm, with efficiency optimization and channel transformation implemented, responding to environmental changes with its "four major strategic axes" and "five major business architectures", while its internationalization and diversification strategies guarantee growth space. It is expected that the domestic and foreign economies will continue to recover and the B-end business will continue to grow, maintaining the company's forecast for net income attributable to the parent company of RMB 37.6 billion/41.7 billion/46.6 billion from 2024 to 2026, and the corresponding PEs at the current price are 12/11/10 times. The rating is maintained as "buy".