Qingdao TGOOD Electric (300001.SZ) selected as a qualified manufacturer in the Saudi National Energy Company directory.

Qingdao TGOOD Electric (300001.SZ) has announced that the company has recently received an approval letter from the Technical Qualification Department of the Saudi Electricity Company (referred to as "SE"). The company has successfully passed SE factory audit, LOTAM material certification, and qualification audit. The XBG series of 380kV and below high-voltage prefabricated substation by the company has officially been included in SE's official list of qualified manufacturers, obtaining SE's core supplier qualification, and becoming the first supplier of 380kV and below high-voltage prefabricated substation to be listed in SE's approved material list (LOTAM). Passing the full set of high standards certification by SE this time proves the company's technical strength, product quality, and international operational capabilities in the field of high-voltage prefabricated substations, gaining comprehensive recognition from high-standard electricity customers in the Middle East. This achievement signifies the landing of Chinese high-voltage prefabricated substation technology and standards in the high-end power market in the Middle East, indicating that the construction model of high-voltage prefabricated substations will become the construction model for 132kV-380kV voltage level substations in the Saudi electricity network system. This breakthrough represents the international output of Chinese high-voltage substation technology standards and construction models, which is beneficial for enhancing the influence and recognition of the Qingdao TGOOD Electric brand in the global energy and power sector. It also promotes the company's transformation from a project-based supplier to a long-term strategic partner for international top-tier electricity grid operators, laying a solid foundation for the company's long-term international development, global market expansion, and capital market value enhancement. This will help establish technological barriers and differentiation competitive advantages in the field of overseas high-voltage transmission and distribution equipment, marking a milestone in the company's international development strategy.