0 YEARS OF DEVELOPMENT
Zhongneng Vehicle Group was founded in 1988, with its headquarters located in the Taizhouwan, Zhejiang. After more than 30 years of development, it has grown from an obscure village-run factory to a modern industrial park covering an area of 240,000 square meters. It has developed into a large-scale group company with thermal power-related diversification as its core and integrating professional research and development, manufacturing and domestic and foreign marketing of large-displacement motorcycles, fuel scooters, and new energy motorcycles. Since its establishment, Zhongneng staff have always been committed to creating high-tech, high-quality products and a high-quality service team with the spirit of "DEVOTION, PERSIST, AESTHETIC, INNOVATION". Zhongneng Vehicle Group pursues excellence and meticulously builds. It currently has a well-equipped engine factory, a complete vehicle assembly factory, a highly automated frame stamping and welding factory, a dust-free painting factory and a cable workshop, with strong capabilities to produce more than 1 million complete vehicles and engines annually.
START-UP PERIOD
STRAT-UP PERIOD
·Manufactured and sold machinery, refrigeration accessories and other products ·Established Zhongneng Optoelectronics Company and began to produce and export lamps&electronic products
1988-1998
GROWTH PERIOD
GROWTH PERIOD
·Entered the motorcycle production market and became a professional motorcycle manufacturer ·Entered the automobile production market ·Moved into a new factory area of 42,000 square meters
1999-2003
DEVELOPING PERIOD
DEVELOPING PERIOD
·Established Import&Export Company, produced pedal and straddle motorcycles, and independently exported motorcycles and accessories ·Launched a series of self-developed models such as the classic "Zhongneng King", F8, R8, etc. ·Entered the electric vehicles market ·Moved into Xinqiao factory area of 86,000 square meters
2004-2012
SCALE EXTENSION PERIOD
SCALE-EXTENSION PERIOD
·Formed a large-scale group company integrating professional motorcycle development, manufacturing, and domestic&foreign sales. Products were exported to more than 80 countries and regions. ·Established a professional electric vehicle company, released new energy products, and seized ·Moved into an industrial park of 230,000 square meters in Taizhouwan
2013-2017
GLOBAL STRATEGY PERIOD
GLOBAL STRATEGY PERIOD
·Acquired 100% of Italy's nearly century-old brand MOTO MORINI and entered the heavy-duty motorcycle market ·As the subsidiary Zhejiang the mainbody, build a global brand and gradually accelerate the internationalization process ·From brand positioning, product planning to market layout and talent layout, all are guided by global vision and thinking, and fully implements the globalization strategy
2018-NOW
COMPANY
SUBSIDIARIES
MOTO MORINI S.R.L.
Moto Morini Italy is responsible for the strategic development of the MM, as well as the design and R&D of the full range of products. It cooperates with Moto Morini China to carry out industrial mass production, and is also responsible for the sales channel management of products resold to Europe.
Zhejiang Morini Locomotive Co., Ltd.
According to MM Italy's design and production industry standards, MM China carries out industrial mass production of products and sells the products back to the global market.
 
Zhejiang Morini Motorcycle Sales Co., Ltd.
A subsidiary of Zhejiang Morini Locomotive Co., Ltd., it is responsible for domestic and international marketing.
Taizhou Hongyi Frame Co., Ltd.
Produce corresponding frames for the products of various subsidiaries of the group, including MOTO MORINI large-displacement straddle bike frames, MOTOWIN pedal board product frames, OEM business product frames, and Frank Morini new energy product frames.
 
Zhejiang Frank Morini New Energy Co., Ltd.
The group’s new energy powered cycling product layout. Provide solutions for future urban smart travel, and are committed to providing global users with more convenient and environmentally friendly smart city travel tools.
 
Taizhou Zhongneng Motorcycle Co., Ltd.
Mainly engaged in the scooter business, it is the main technology and manufacturing undertaking company for the OEM business of import and export companies.
 
Taizhou Zhongneng Import and Export Co., Ltd.
The import and export company responsible for the global OEM business of the group company customizes products of different types and uses according to the needs of global users, and has won the favor of many users around the world with its high-quality products.