The founder, Mr. Chen Huaneng, founded Donghai Machinery Factory in Huangyan County, Taizhou City, Zhejiang Province, to produce and sell machinery, fridge components and other products, and started the entrepreneurial journey.
Taizhou Zhongneng Photoelectric Co., Ltd. was established to manufacture lamps, electrical appliances and other products.
Changed the factory name to Zhejiang Zhongneng Photoelectric Co., Ltd. and began to export its own lamps and electronic products.
The business scope of the products began to involve motorcycle muffler, engine and motorcycle manufacturing.
Zhejiang Zhongneng Photoelectric Co., Ltd. changed its name to Zhejiang Zhongneng Motorcycle Co., Ltd., becoming a specialized motorcycle manufacturing enterprise. Moved into Xiaoxie Industrial Park, which covers an area of 42,000 square meters.
Taizhou Zhongneng Automobile Co., Ltd. was established and extended the business to the field of automobile production.
Registered and established Taizhou Zhongneng Motorcycle Co., Ltd.
Zhejiang Zhongneng Motorcycle Co., Ltd. was renamed Zhejiang Zhongneng Industrial Group Co., Ltd.
Taizhou Zhongneng Import and Export Co., Ltd. was registered and established to independently export motorcycles and accessories.
Foshan Fosti Motorcycle Manufacturing Co., Ltd. was established to produce and sell street motorcycles.
In the same year, the company successfully launched the first self-developed scooter "Znen King" and obtained EEC certificate. In the next year, one export order of this model exceeded 10,000 units, which opened the road of independent development of Zhongneng motorcycles.
Foshan Fosti Motorcycle Manufacturing Co., Ltd. obtained the national motorcycle production qualification. Foshan Fosti Import and Export Co., Ltd. was established.
Taizhou Zhongneng Motorcycle Co., Ltd. obtained the national motorcycle production access qualification.
Launched the self-developed model "Znen Zoom".
Launched the self-developed classic model "F8". Since then, a series of new models have been developed, including "Kangaroo" and "Roar".
Moved into Zhongneng Xinqiao factory, which covers an area of 86,000 square meters. The new model "F9" was launched.
Launched new self-developed models of “Revival”“Znen Q”“Legend”and “R8“.
The electric vehicle company was established and began to enter the field of electric vehicles.
Zhongneng Vehicle Group Co., Ltd. was registered and established, forming a large-scale group company integrating professional development, manufacturing , domestic and foreign marketing of vehicles.
Launched the self-developed classic model "Cruise"
Registered and established Moden Electric Vehicle Technology Co., Ltd.
Zhongneng Vehicle Group Co., Ltd. moved into the new industrial park of Taizhou Bay Agglomeration area. The new plant covers a total area of 230,000 square meters.
Launched the self-developed classic model“Veracruz”.
Zhongneng Vehicle Group Co., Ltd. has successfully acquired Italian motorcycle enterprise Moto Morini with a history of nearly 100 years, and entered the field of large displacement motorcycles.
Moto Morini participated in the Eicma Exhibition in Milan for the first time with new products after being reorganized, and launched four new models of Superscrabbler, X-cape, Milano and Seiemmezzo（61⁄2）, which won the attention and praise of European professional media and evaluators.
Zhongneng Vehicle Group Co., Ltd. has obtained the motorcycle production access qualification of the Ministry of Industry and Information Technology of the People’s Republic of China.
Launched self-developed 16 inch big wheel scooter “Coral”.