万和电气埃及工厂投产，年产能50万台热水器

Core Insights - The inauguration of the gas water heater and heat exchanger factory by Wanhe Electric in Egypt marks a significant step in the company's global expansion strategy [1] - The factory, with an investment exceeding $12 million, is expected to produce 500,000 gas water heaters and 2 million components annually, creating 300 local jobs [1] - This project aligns with the Egyptian government's strategic planning to enhance industrial development and attract foreign direct investment [1] Company Developments - Wanhe Electric's factory will serve as a core production base for the Central and North African market, with plans to develop products tailored for the Middle Eastern and European markets [1] - The company aims to expand the factory's production capacity in response to growing market demand [1] Industry Impact - Localized production will reduce Egypt's reliance on gas water heater imports and facilitate the transfer of modern technology, which is crucial for advancing the country's manufacturing sector [2] - The establishment of this factory is expected to enhance the competitiveness of Egypt in the global market for household appliances and engineering components [1][2]