300001SZSE

Announcement on the Progress of Company Share Repurchase

Qingdao TGOOD Electric Co., Ltd.··1 page

✨ AI Summary

Qingdao TGOOD Electric Co., Ltd. announces the progress of its share repurchase program. The company has not yet implemented the repurchase as of July 31, 2026. The repurchase, approved on July 30, 2026, aims to use up to RMB 600 million for equity incentives or employee stock ownership plans.

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AI Translation· gemini_document

Securities Code: 300001

Securities Abbreviation: TGOOD

Announcement Number: 2026-072

Qingdao TGOOD Electric Co., Ltd.

Announcement on the Progress of Company Share Repurchase

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Qingdao TGOOD Electric Co., Ltd. (hereinafter referred to as the "Company" or "TGOOD") held the 14th meeting of the Sixth Board of Directors on July 30, 2026. The meeting deliberated and approved the "Proposal on the Company's Share Repurchase Plan." It was agreed that the Company would repurchase a portion of its

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