In 2004, the world's first off-road wide-body dump truck was developed by Tonly's mining vehicle project team.

In 2005, Shaanxi Tonly Heavy Industries Co., Ltd. was founded, becoming the first company in China focused on the R&D and manufacturing of off-road wide-body dump trucks.

In 2006, the first wide-body vehicles were deployed in Inner Mongolia, gaining market recognition.

In 2007, 200 wide-body vehicles were delivered to the Shenhua Wujiata Mine, significantly replacing road vehicles and attracting industry attention.

Opened the path of international development . The export of products from Tonly to Mongolia has opened up the path of international development.

In 2009, the innovation base commenced operations, achieving an annual capacity of 6,000 units, becoming the largest production base for off-road trucks in China.

In 2010, the company transformed into a joint-stock enterprise, establishing Shaanxi Tonly Heavy Industries Co., Ltd. and adopting modern management practices.

In 2011, the 5,000th product rolled off the assembly line, with sales exceeding RMB 1.17 billion, marking a significant development peak.

Comprehensive improvement of guarantee capability.Xi'an Tonly Heavy Industries Co., Ltd., a subsidiary of Tonly Holdings, has been established, and already possesses service functions and post market transportation capacity.

In 2012, the first provincial-level engineering transport machinery technology center was established, focusing on engineering transport.

In 2013, the third generation of off-road dump trucks was launched, alongside the TLD50 mining truck, leading industry technological advancements.

In 2014, the company celebrated its tenth anniversary with the rollout of 10,000 products and received the "Industry Contribution Award" from the China Construction Machinery Association.

In 2015, the fourth-generation D series (automatic) off-road wide-body dump truck was introduced, along with the TL853,its first lithium-titanate battery-powered electric mining truck.

In 2016, 126 units were exported to the Thar Coal Power Project in Pakistan, with its subsidiary Xi'an Tonly as the general contractor, pioneering a model of product export combined with general contracting.

In 2017, the company established an unmanned driving project team, advancing into intelligent R&D and manufacturing.

In 2018, prototypes of extended-range, hybrid and driverless wide-body vehicles were manufactured, with sales exceeding RMB 2 billion.

In 2019, a major sale of 1,000 units in the coal mining industry reinforced Tonly’s brand leadership.

In 2020, it was recognized as an enterprise with "Champion Product in Manufacturing" (off-road wide-body dump truck) by the Ministry of Industry and Information Technology of the People's Republic of China and China Enterprise Confederation.

In 2021, Tonly (834599) went public on the Beijing Stock Exchange, becoming the first listed company in the off-road dump truck sector.

In 2022, the Xipo Base commenced production, exceeding an annual capacity of 10,000 units, establishing itself as the industry leader in manufacturing capabilities. The subsidiary Tonly Technology was established to accelerate the development of new energy initiatives.

In 2023, the establishment of Tonly Heavy Industries (Singapore) Pte. Ltd. coincided with the Overseas Dealer Conference & Customer Open Day, accelerating global expansion.

In 2024, Tonly ranked among the top 50 global construction machinery manufacturers, distinguishing itself as a Chinese enterprise entering the list through a specific product category. Its new energy products lead the market with a share surpassing 50%.