TGOOD
Compare TGOOD…Qingdao TGOOD Electric Co., Ltd. provides electrical transmission and distribution solutions in China and internationally.
SectorsCharging
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TGOODQingdao TGOOD Electric Co., Ltd. provides electrical transmission and distribution solutions in China and internationally.
2019-2025
$300001.SZ
Often ranked #1 public charging operator in China with the largest installed charger base in the country. Operates 800K+ chargers nationwide with a comprehensive platform covering hardware manufacturing, software, and operations. Aiming to build China's largest smart energy network connecting EV charging with grid services and energy storage.
Key Milestones
TGOOD (electrical-distribution-cabinet maker, ChiNext-listed under 300001.SZ) spins out TELD as dedicated EV charging unit; first listed Chinese pure-play charging operator
Becomes #1 China public-charging operator by chargers operated, surpassing State Grid; demonstrates that a focused private operator can outpace a state-grid monopoly in deployment speed when the SOE allocates capital across many priorities
Crosses 250,000 chargers operated; charging volume hits 1B kWh annually - TELD is now the highest-throughput public charging operator globally measured by energy delivered
Launches 600 kW liquid-cooled HPC product line; first Chinese MW-class commercial charger with full liquid-cooled cable, sets benchmark for Chinese 5C battery-equipped vehicles entering market
Surpasses 600,000 chargers operated nationwide; charging volume passes 12B kWh annually - first Chinese operator to reach 12 TWh annual delivered
Crosses 800,000 chargers operated across China; #1 public charging operator by installed base with charging volume passing 18B kWh annually
Reports first profitable year as standalone unit; 12B yuan cumulative R&D investment (1.2B since 2023 inflection) starts paying off as ASP rises with Huawei-supplied 600 kW liquid-cooled cabinets
