Zhongtai Asset Management signed the share transfer agreement to acquire 5.28% stake in Qingdao TGOOD Electric Co., Ltd. (SZSE:300001) from Qingdao Derui Investment Co., Ltd. for approximately CNY 900 million on November 24, 2022. As per the transaction, Zhongtai Asset Management will acquire 55 million shares of Qingdao TGOOD Electric Co., Ltd.