According to the information from Zhitong Finance and Economics APP, Meituan-W (03690) rose by more than 3%, as of the time of publication, it increased by 3.61% to HKD 106.10, with a turnover of HKD 1.678 billion. On the news front, on August 15th, Meituan-W announced a strategic cooperation with Midea Group. It is reported that Midea Group's 25,000 self-owned retail stores will all be settled in Meituan within this year. Both parties will conduct more innovative explorations in the "takeout + in-store" dual field, and build digital cooperation in home appliance consumer goods such as old-for-new, smart kitchen, partial renovation, etc. According to Meituan's data, since the beginning of this year, the search volume for the "Midea store" brand on the platform has increased by 43% year-on-year. Driven by the old-for-new trend, the search volume for the keyword "old-for-new" on Meituan has increased by 117% year-on-year. Based on this, Midea will launch old-for-new group purchase coupons on Meituan and Dianping Apps, realizing a one-stop recycling + new-for-old experience, as well as instant delivery of all categories of home appliances within 30 minutes