New state-owned electrical equipment company founded in China

  • By Xinhua
  • Sept. 26, 2021
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China's top state assets regulator on Saturday announced the establishment of a new state-owned group devoted to electrical equipment manufacturing, the China Electrical Equipment Group Co., Ltd.

The new company was formed by several subsidiaries of the State Grid and the China XD Group, with the approval of the State Council, according to the State-owned Assets Supervision and Administration Commission.