Qingdao Tgood Electric Co.Ltd(300001) : Explanation on the fluctuation of stock price before the resolution of the board of directors of the listed company to spin off its subsidiaries for listing

Qingdao Tgood Electric Co.Ltd(300001)

Prior to the resolution of the board of directors on the separation and listing of subsidiaries

Description of stock price fluctuation

According to the requirements of relevant regulations of the stock exchange, Qingdao Tgood Electric Co.Ltd(300001) (hereinafter referred to as ” Qingdao Tgood Electric Co.Ltd(300001) ” or “the company”) checked the fluctuation of stock price before the resolution of the board of directors on listing of new energy Co., Ltd., the holding subsidiary of the spin off, and the results are as follows:

The company convened the board of directors on March 7, 2022 to consider the listing of spin off subsidiaries. The interval for calculating the cumulative rise and fall in the 20 trading days before the resolution date of the board of directors is from February 7, 2022 to March 4, 2022. The base date for calculating the rise and fall is the 21st trading day before the resolution date of the board of directors (January 28, 2022). The company’s shares (stock abbreviation: Qingdao Tgood Electric Co.Ltd(300001) , stock code: Qingdao Tgood Electric Co.Ltd(300001) ), gem composite index (Code: 399006. SZ) The cumulative increase and decrease of electrical components and equipment index (Code: 882423. WI) are as follows:

Rise and fall of the project on January 28, 2022 and March 4, 2022

Day (closing) (closing)

Qingdao Tgood Electric Co.Ltd(300001) share price (yuan / share) 20.38 20.66 1.37%

Gem composite index (Code: 399006. SZ) 290894274864 – 5.51% (points)

Electrical components and equipment index (Code: 927790871017 -6.12% 882423. WI) (point)

Excluding market factors, the rise and fall was 6.88%

Excluding the factors of the same industry sector, the rise and fall was 7.49%

After excluding the influence of market factors and industry sector factors, that is, excluding the fluctuation factors of gem composite index (Code: 399006. SZ) and electrical parts and equipment index (882423. WI), the cumulative rise and fall of the company’s share price in the 20 trading days before the resolution date of the board of directors were 6.88% and 7.49% respectively, The cumulative rise and fall of the company’s share price within 20 trading days from the date of the resolution of the board of directors did not exceed 20%, which did not constitute abnormal fluctuation. To sum up, after excluding the influence of market factors and industry sector factors, the cumulative rise and fall of the company’s share price in the 20 trading days before the resolution of the board of directors on the listing of the spin off subsidiary did not exceed 20%, which did not constitute abnormal fluctuation.

It is hereby explained.

Qingdao Tgood Electric Co.Ltd(300001) board of directors

March 7, 2022

- Advertisment -