The Journey of the ZhongNeng Group
The founder of the Zhejiang ZhongNeng Group Chen Huaneng established an optoelectronics
company in his hometown Zhejiang in 1987.
Chen Huaneng integrated the resources to set up the ZhongNeng Group in 1996, extending
the industrial chain to the electric bicycle and motorcycle industry.
Having observed the world pattern, the ZhongNeng Group resolutely established the
brand "ZNEN MOTOR" in 1998.
In 1999, the Group Corporation established a production base of engine and created
the brand 'Benneng Engine', starting to develop new products independently.
In 2000, the ZhongNeng Group spent a large amount of money on the construction of
an 80-acreages new factory building which was finished in 2002.
The ZhongNeng Group began to invest in the automotive industry in 2004 and created
the brand "ZNEN AUTO".
In 2005, ZhongNeng designed ZNEN MOTOR's first independently developed model the
"S ZNEN-King" and launched it on the market; it won great praise from the European
and American motorcycle producers. In the same year, ZhongNeng invested money to
build a new motorcycle factory again.
The elegancy and quality of ZNEN MOTOR won the appreciation from the famous Italian
motorcycle producer; In 2006, the two parties developed some classic models together
including "S Zoom" and "C F8" and won good market rewards.
In the same year, ZhongNeng successfully purchased the old brand motorcycle FOSTI;
this had greatly increased the strength of ZhongNeng's motorcycle business. ZNEN
MOTOR has gained the multiple output capacity of making scooters, choppers and ATVs
since then; ZhongNeng has two brands including ZNEN and FOSTI.
From 2006 to 2008, ZNEN MOTOR invested a large amount of money and developed a series
of models in succession including B Bomb, M Kangaroo, L Roar and F Goldfish.
In 2007, ZhongNeng purchased China's senior car producer the Anhui Anchi Automobile
Industry Co., Ltd and began to build a new car factory.
In 2009, ZhongNeng progressed resolutely and tried to seek high-quality local agents
in the world under the influence of the global financial crisis and showed relative
strong growth in the industry.
In 2010, In global motorcycle economic recovery period, ZhongNeng become "The NO.1
Sales Of The Classical Scooters In China" based on the good image in the world Of
"The Leading Brand Of China Scooter Industry". So far, ZhongNeng has finished the
plane of Product brand international fine differentiation, therefore, developed
three especially annual models "Legend" "Revival" "ZNEN Q".