1956 On May 1, 1956, Chung Hsing Electric Factory was established to produce various types of electric motors and generators.
1962 The China Development Trust Company and the Central Products Insurance Company invested together and reorganized into the Chung Hsing Electric Machinery Co.
1963 Technical cooperation with the U.S. Kiwi Company to manufacture window-type air-conditioners.
1971 Technical cooperation with G.E. Company of U.S.A. to manufacture electric meters.
1979 Technical cooperation with U.S.A. B.P.S. Company to develop 1200KW large generator.
1980 Establishment of Research and Development Specialized Unit.
Technical cooperation with U.S.A. P.E.I. Company to improve generator production technology again.
1983 Bank of Communications invested in and cooperated with Hitachi, Japan to produce sulfur hexafluoride gas-insulated switchgear.
Officially set up a factory to produce remote-controlled garage door openers for export.
1986 Consolidation of Central Fiberglass Co.
Technical cooperation with USC to develop electronic meters.
Produced split-type air-conditioners in technical cooperation with Panasonic of Japan.
1989 Official opening of Linkou Factory.
Trial production of personal computers and other information products, and investment in E-TEQ to produce chips.
1990 The Chung-Ho C.C.C. Building was officially opened.
Established a subsidiary in Malaysia and conducted the construction of a factory for door openers in Malaysia.
Established US subsidiary.
Invested in Dunnan Technology Corp. to produce CCD and CIS.
Planning for stock listing.
1991 Organizational reorganization, establishment of business division, and promotion of profit center system.
1992 Started to manufacture and sell parking equipment.
1993 The company invested in the incinerator project for six years.
1994 The company's stock was officially listed on the Taiwan Stock Exchange.
2003 Establishment of the Parking Management Project to enter the parking lot engineering and management business.
Established the operation program to strengthen the operation and maintenance of incineration plants.
Invested in Prosperity Technology Co., Ltd. to enter the parking fee collection system business upstream of the current parking management business.
Established Zhongxing Longyuan Electric Co., Ltd.
Expanded the market of heavy electrical appliances in mainland China.
In 2004, a joint venture was established with Nantong Aluminum Casting Factory to undertake the precision machining business of Nantong Aluminum Casting Factory.
Invested in OneTransmission Technology Co., Ltd. to engage in one-way instantaneous digital audio and video transmission devices and services, and wireless audio and video products and market channels have a comprehensive effect of strengthening the effect.
A joint venture with Shandong Detong Industrial Co., Ltd. was established, with an investment of 3.5 million RMB, to sell large and small chilled water mainframes and small air-cooled air-cooled heat pumps as the main business.
2006 Jointly established Nantong Shengyi Precision Machinery Co., Ltd. in mainland China with a partner factory to engage in the machining business of the relevant components of ZTE AIRS Precision Machinery Co.
Established ZTE Electric Technology (Jiangsu) Co., Ltd. to engage in the assembly and sales business in order to expand the high-voltage GIS market in mainland China.
Established ZTE Chuangyuan (Shenyang) High Voltage Electric Co., Ltd. as a joint venture, with the main business of assembly, production and sales of GCB and ABS products to expand the mainland market for GCB products.
Based on corporate social responsibility, ZTE Charity Trust was established to provide relief to the society in case of emergency.
2007 Consolidation of the group's consistent brand image and highlight the group's corporate identity, the mainland subsidiaries were renamed as Jiangsu Zhongxing Precision Machinery Co.
2008 In response to increasing global warming and high energy prices, we established a new energy research and development center to engage in research and development of energy conservation and clean energy, and to create another profit growth space, and we are now focusing on the technology related to natural gas batteries.
In order to strengthen the competitiveness of wireless communication projects, we have entered into a strategic alliance with TranSwitch to integrate our existing businesses and expand our operations, which will enable us to have a complete line of wireless audio/video products ranging from 2.4Ghz to 5.8Ghz, such as video senders/baby monitors/home security, and to increase the production capacity to cover the distribution channels in North America, Europe, and New Zealand. In addition, it can also increase the economies of scale in manufacturing.
In view of the fact that biotechnology is the star industry of the next generation, and in order to grasp the development trend of the industry, we invested in the establishment of Yuan Chuang Bio-Technology Company Limited together with a professor from the Institute of Medicine and Engineering at National Central University (NCU), to carry out the research and development of the related medical equipments and to sell them.