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EGEMAC and China's Chint established a new company, Chint EGEMAC, to produce low voltage distribution equipment. EGEMAC holds 49% and Chint holds 51%.
“EGEMAC has established a new company to produce all low voltage distribution equipment as part of its work to integrate between all efforts of transport and distribution.”dailynewsegypt.com
Summarized from public sources; check the original articles before acting on it.