diff --git a/homeassistant/components/midea/climate.py b/homeassistant/components/midea/climate.py
index 67bbe271ac94..f32ffcc16c60 100644
--- a/homeassistant/components/midea/climate.py
+++ b/homeassistant/components/midea/climate.py
@@ -718,7 +718,7 @@ class MideaFBClimate(MideaClimate):
     ) -> None:
         """Midea FB Climate entity init."""
         super().__init__(device, description)
-        self._attr_preset_modes: list[str] = self._device.modes
+        self._attr_preset_modes: list[str] = cast(list[str], self._device.modes)
 
     @property
     @override
diff --git a/homeassistant/components/midea/manifest.json b/homeassistant/components/midea/manifest.json
index 943d3453e69c..5ee46fc762e1 100644
--- a/homeassistant/components/midea/manifest.json
+++ b/homeassistant/components/midea/manifest.json
@@ -13,5 +13,5 @@
   "iot_class": "local_polling",
   "loggers": ["midealocal"],
   "quality_scale": "bronze",
-  "requirements": ["midea-local==11.0.1"]
+  "requirements": ["midea-local==12.0.0"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index ad0b7df77f48..66fc54c56095 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1623,7 +1623,7 @@ micloud==0.5
 microBeesPy==0.3.5
 
 # homeassistant.components.midea
-midea-local==11.0.1
+midea-local==12.0.0
 
 # homeassistant.components.mill
 mill-local==0.5.0