Zhongkuang Company was founded in Liaocheng, Shandong.

The company expanded into the motorcycle parts market.

Established offices in Chongqing and Guangdong, and built long-term supporting partnerships with Honda, Yamaha, Mahle and other renowned brands.

Chongqing Derun Electromechanical Technology Development Co., Ltd. was set up.

The motorcycle parts business became independent. Shandong Liaocheng Derun Electromechanical Technology Development Co., Ltd. was founded in Fenghuang Industrial Park.

Passed ISO9001:2000 Quality Management System Certification.

Obtained export qualification and launched independent export business. Established piston pin supporting cooperation with Qingling Motors in the same year.

April: Acquired ISO/TS16949:2009 Quality System Certification and started the development of high-pressure common rail products.
August: Founded Guangzhou Derun Electromechanical Parts Co., Ltd.

March 18: Launched factory expansion project and started construction of the new plant.
Established supporting cooperation with Beiyou Yaxinco (Beiyou Electronic Control).

May: Officially relocated to the new production base. Reached cooperative partnership with Liaoning Xinfeng.

March: Launched processing business of drill bits and shield cutters, and established Xinkai Equipment Company.

October: Launched the injector housing processing project.

May: Established supporting ties with Nanyue Electronic Control to supply common rail components.

January & November: Built cooperative relations with Zhongtong Bus and Sinotruk Heavy Fuel respectively.
April: Completed version upgrade audit of IATF16949:2016 Quality Management System.

January: Started the high-pressure common rail pipe processing project.
December: Monthly production capacity of injector housings reached 20,000 pieces.

December: Monthly output of high-pressure common rail pipes hit 15,000 pieces; monthly capacity of injector housings rose to 45,000 pieces.

January: Established partnership with Great Wall Motors to supply piston pins.
October: Obtained ISO14001:2015 Environmental Management System and ISO45001:2018 Occupational Health and Safety Management System Certifications.

March: Construction of the integrated production and office building commenced.
December: Established supporting cooperation with Jichai Power.

January: The integrated production and office building was officially put into use.
February 19: Set up the Sixth Branch and moved into the new building.

April: Completed renewal audit of IATF16949:2016 Quality Management System certification.

July: Founded Guoguang Hydrogen Energy Technology (Shandong) Co., Ltd.