Significant Events of TGOOD Electric Co., Ltd. in 2025

In January 2025, TGOOD Global was established to achieve sustainable high-quality development and layout new growth in future businesses;the company adopts a “Dual Wings, One Ascent: TGOOD Soars in Global and Domestic Markets.” strategy to deploy globally, contributing TGOOD's strength to the world energy transformation.

In March 2025, TGOOD winning bid for the Yalong River new energy kiosk project at an altitude of 4600 meters, and in November helped connect to the grid the global highest-altitude operational wind power project, Huadian Qiongjie Wind Power Project, marking TGOOD's increasingly mature applications and solutions for high-altitude electrical equipment scenarios.

In March 2025, the first 800-kilometer electric heavy truck inter-provincial trunk line in the country supported by TELD was completed. The route crosses four provinces—Shanxi, Hebei, Shandong, and Henan—and through “zero-carbon route book” intelligent planning, achieves “two-way full load” transportation, reduces empty-run rate to zero,energy loss costs by 25%, opening a new path for the commercial operation of electric heavy trucks over long distances and empowering green transportation.

On March 12, 2025, the TGOOD Group's first Engineering Sector Ecological Partner Exchange Conference, themed “high quality, low cost, high efficiency, and characteristic ecosystem cooperation mode beyond competition,” was held. This meeting has fully implemented the "Price Revolution 2.0" initiative, promoting the ecological strategy of cooperative partners from commercial collaboration to cultural symbiosis leapfrog development.

On March 31, 2025, Qingdao TGOOD International Electrical Equipment Co.,Ltd was established. The company is deeply engaged in the wind power and stored energy fields, serving the world with core products such as modular prefabricated substation and efficient step-up kiosk, and accelerating the construction of overseas intelligent manufacturing bases to create a world-class Chinese brand.

In April 2025,winning bid for the demonstration project of high-performance high-temperature superconducting materials and magnetic stored energy application, with product delivery completed in September 2025. This project is a national class key point engineering project; the winning bid and successful shipment of this project laid the foundation for TGOOD's brand building and high-quality delivery in the industry.

In April 2025, the Yichang base was awarded the honorary title of Specialized, Refined, Special and New Small and Medium-sized Enterprises in Hubei Province, marking authoritative recognition of the base's specialization level in its segmented field and an important milestone for the base towards high-quality development.

On April 25, 2025, TGOOD Chuankai Electric's "The domestic research and development of 1E-class low-voltage switchgear assemblies for Hualong One" passed appraisal, filling the domestic gap in reactor island low voltage distribution equipment, providing strong support for the integrity and safety of China's nuclear power industry chain.

In May 2025, the State Power Wenshan Binglie 150MW/300MWh project achieved full-capacity connection to the grid in just 62 days, marking the largest and fastest shared stored energy project undertaken by TGOOD, breaking the industry's construction cycle record and signifying a "comprehensive breakthrough" in the stored energy EPC field.

In June 2025, the BYD EPC project in Xi'an successfully powered up three substations simultaneously, opening a new era of EPC mode, comprehensively upgrading the breadth and depth of services, setting a new example for BYD's infrastructure speed and quality, and enhancing TGOOD's core strategic position within BYD.

From June 26 to 27, 2025, the Power Industry Supply Chain Ecological Cooperation Conference of Shuangliu District, Chengdu, and the Qingdao TGOOD Electric Co., Ltd. Supply Chain Summit Forum were held in Chengdu. TGOOD Chuankai Electric's the domestic research and development of 1E-class low-voltage switchgear assemblies for Hualong One and new generation intelligent cabinet products were launched strongly, and the intelligent dry transformer production line officially held its commissioning ceremony.

On June 27, 2025, the private listed companies' party building work exchange meeting was successfully held at QingDao TGOOD.This meeting gathered relevant leaders and experts from the All-China Federation of Industry and Commerce, Qingdao Municipal People's Government, Qingdao Private Economy Development Bureau, Qingdao Securities Regulatory Bureau, Qingdao Federation of Industry and Commerce, as well as representatives from over one hundred private listed companies and some local listed company associations to jointly explore practical paths for party building to lead the high-quality development of private enterprises.

In July 2025, all 15 sets of 132kV mobile substations designed and manufactured by TGOOD for Saudi National Grid were successfully put into operation, which not only is a vivid practice of "China Intelligent Manufacturing" going global but also a model of international energy cooperation under the "Belt and Road Initiative."

In July 2025, Henan Longyuan Qingfeng project connection to the grid, the first successful case of the new energy raising pressure station industry's fully prefabricated solution, leading the industry towards digitization, modularization, and prefabrication transformation and upgrading, comprehensively promoting the fully prefabricated model within the Guoneng system, forming a new benchmark for station construction in the industry.

On August 21, 2025, the world’s first “ultra-level zero-carbon building” TELD headquarters building was put into use in Qingdao. This building attracted continuous attention from central-level mass media such as CCTV, Xinhua News Agency, People's Daily, and foreign media, being defined as the “world’s first ultra-level zero-carbon building,” marking a new advancement in China’s zero-carbon building field.

On September 4, 2025, the Ministry of Industry and Information Technology announced the 2025 outstanding intelligent factory name list, and TGOOD Electric was successfully selected as a national class intelligent factory.The company relies on digital twin, artificial intelligence and other technologies to create a benchmark in intelligent manufacturing, empowering the development of the new energy industry.

In October 2025, TGOOD Chuankai Electric was successfully selected as a typical case of quality and standardization for private enterprises in 2025 with the “Innovative 'Seven Transformations Construction' Quality Management Model,” demonstrating outstanding practices and industry leadership in quality management and standardization construction.

In October 2025, the project “electric contact material performance testing analysis and reliability evaluation key technology” participated by TGOOD Chuankai Electric won the third prize of the 2025 “Science and Technology Progress Award” by the Machinery Industry.

On October 31, 2025, TELD released 6 products including the highest input voltage and maximum power 100-megawatt ultra-fast charging, a brand new digital maintenance-free module, a new technology architecture integrating virtual power plants with zero-carbon parks, and a new generation digital platform for charging networks, filling multiple blanks in the charging field and leading high-quality industrial development.

In November 2025, “Longdian enters Lu” became China's first “wind-solar-fire-storage integrated” comprehensive energy 4.5GW large base full-capacity connection to the grid, certifying the hardcore strength of TGOOD EPC services and highlighting the adaptability and superiority of the prefabricated subatation construction model in large energy bases.

In November 2025, the Huadian Qiongjie Wind Power Project was connected to the grid, becoming the world's highest-altitude (5,370 meters) operational wind power project. It once again demonstrated the "Qingzang Spirit", providing a replicable and scalable technical and management model for the construction of new energy in high-altitude and weak-grid areas around the globe.

In November 2025, the company won the Shandong Province "Governor's quality award Nomination Award" in the 10th Governor's Quality Award evaluation, marking continuous and steady improvement in quality and operational management levels in the company's pursuit of excellent performance and the 'steady far-reaching strategy' development process.quality award.

In November 2025, TELD received the Ministry of Industry and Information Technology's national class Manufacturing Single Champion Award for the "Electric Vehicle Intelligent Cluster Charging Equipment".Compared with the industry's commonly used integrated single charging piles, TELD pioneered the concept of electric vehicle clusters, launched cluster charging products, implemented cluster management and control with intelligent scheduling, improved battery life through flexible charging strategies, reduced grid impact, and covered almost all fast charging scenarios.

On November 20, 2025, the Chengdu Power Transmission and Distribution Industry Chain Chamber of Commerce was officially inaugurated.As the chairman unit of the chamber, TGOOD Chuankai Electric cooperates with upstream and downstream enterprises to focus on technological innovation and ecological integration, promoting the Chengdu power transmission and distribution industry cluster towards a new stage of high-end, intelligent, and green development.

On November 27, Qingdao TGOOD Electric Co., Ltd. successfully passed the Customs AEO high grade certification, marking the company's world-class authoritative recognition in international trade compliance and supply chain security, gaining a "golden business card" to accelerate the company's foreign trade.

In December 2025, the "Typical Cases of Strong Party Building and Strong Development in Non-public Enterprises in the New Era" compiled and published by the Central Social Work Department was officially released. TGOOD Party Committee's innovative construction and long-term practice of the "Ecological Party Building" system, with solid results, distinctive features, and hard copy experience, was successfully selected as the only case in Qingdao, marking TGOOD's party building work at the forefront nationwide and its experience gaining high attention and recognition.

On December 6, 2025, Qingdao TGOOD Electric Co., Ltd. was featured on the front page of Workers' Daily for its innovative practices and outstanding achievements in the reform of the industrial workforce construction, receiving national class mass media high attention and authoritative recommendation.This marks that TGOOD's systematic efforts in deepening industrial reform and empowering comprehensive development of industrial workers have gained high recognition from all sectors of society.

In 2025, TGOOD integrated collected edition group resource elements to establish and practice multi-entity, multi-category participation in power grid centralized procurement, accelerating deployment of main and distribution networks, successively achieving full-category product corporate body winning bids in State Grid transmission and transformation winning bid, main and distribution network centralized procurement winning bid exceeding 1.5 billion yuan, with both State Grid and Southern Grid transmission and transformation single batch bids exceeding 100 million yuan, Southern Grid winning bid manufacturer ranking entering top ten for the first time, and undertaking national class key item Zhongshan stored energy application project, the Universiade Binhai Substation project and other projects winning bid.

In 2025, TGOOD achieved remarkable results in the rail transit field, realizing a major breakthrough in the domestic metro’s first large-scale adoption of 40.5kV domestically produced air entraining switchgear, fully demonstrating the influence of the TGOOD brand and its hard-core R&D strength.

In 2025, relying on excellent technological strength and profound industry sedimentary deposit, TGOOD repeatedly created achievements in the nuclear power field, not only landing the world’s first domestic nuclear-grade low tension switchgear project, breaking the domestic joint venture monopoly pattern; but also assisting the landing of overseas nuclear power projects, setting a new industry development benchmark!

By December, the national railway collective procurement project achieved continuous winning bid across all categories and batches, with a market share of 45%, escorting the West-Chengdu, Lanzhou-Hezuo, and Chongqing-Kunming high-speed railways;Achieved a “zero breakthrough” in overseas railway prefabricated cabin equipment on the China-Kyrgyzstan-Uzbekistan Railway;Successfully landed the 27.5kV prefabricated cabin project on the Shuohuang Railway for the first time, achieving a new breakthrough in business scenarios.

In 2025, TELD received, through the Shanxi Jincheng “Unified Construction and Unified Service” model and the Jiangsu Xuyi County “Whole County Unified Charging Network” model—two benchmark projects—centered around five charging networks, conducting forward-looking deployments and top-level planning to build a high-quality charging network with full regional coverage, solving charging difficulties, providing a mature business model for the construction of charging infrastructure in lower-tier markets, and offering a replicable full-scenario solution for the charging industry.