SZ-listed TGOOD Global unit raises $195m in Series A round

TELD, a subsidiary of the SZ-listed electronic vehicle charging infrastructure provider TGOOD Global Ltd, has collected approximately 1.35 billion yuan ($195 million) in a Series A round of financing led by state-backed China Chengtong Holding Group, China Reform Holdings Corporation-backed China Reform Financial Network, and asset management firm CDH Investments, according to a company statement on Thursday.