Established in 2013, it was established by the subsidiary (China) Investment Co., Ltd. and Huai'an Development Holdings Co., Ltd., a subsidiary of Taiwan Min Shi Group. In November 2016, Minan Automobile was approved by the National Development and Reform Commission's pure electric passenger car project. In the fourth quarter of 2018, Min'an Automobile released the first mass -produced SUV model and named it "Lan Tu".