Qingdao Tgood Electric Co., Ltd. was established on March 16, 2004, as a Sino-German joint-stock enterprise and a national high-tech enterprise. The company has a registered capital of 200.4 million RMB and total assets of 1.89 billion RMB. It occupies an area of 720 acres with a total building area of 124,000 square meters and an annual designed capacity of 5,000 box-type transformers, with an annual designed output value of 2 billion RMB. The company has established a unique intellectual property system, holding over 100 patents and proprietary technologies. In 2008, it became a member of the Electric Power Industry Supply and Consumption Standard Technical Committee and a committee member of the National Power System Distribution Technology Collaboration Network. It has undertaken the formulation and revision of multiple technical standards in the industry and participated in the drafting of related technical guidelines, positioning itself as a technological leader in the field. The company boasts a large number of highly regarded professional technical personnel and experts in the power transmission and distribution field, focusing on box-type transformer products and developing related outdoor power equipment. It has formed a comprehensive product line for power transmission and distribution equipment, capable of providing supporting products for industries such as railways, coal, electricity, and petroleum, as well as complete system solutions for substations, offering turnkey projects to customers.