Dongfang Precision Group was founded in 1996 by Mr. Tang Zhuolin, Chairman of the Board of Directors. With "Intelligent Equipment Manufacturing" as its strategic vision and business core, the Group focuses on high-end intelligent equipment manufacturing, and is the earliest company in China to engage in the research, development, design, and production of intelligent corrugated packaging equipment. Since its public trade listing in 2011, the group has actively laid out its two main businesses under the leading strategy of "endogenous + exogenous" dual-track. The Group’s main business has covered two major areas: intelligent packaging equipment and marine power equipment.

Up to date, the dual-track business strategy has been highly effective and resulted in remarkable outcomes. In the field of intelligent packaging equipment, the Group has expanded its business to both upstream and downstream of the corrugated paper packaging equipment industry chain, and has become an internationally leading supplier of intelligent corrugated paper packaging equipment. Through the implementation of intelligent and digital transformation, Dongfang is now a supplier of total solutions for the industry's intelligent factories.

In the field of marine power equipment, the Group's holding subsidiary, Parsun Power, is committed to providing comprehensive solutions for marine power motor equipment including both electric and gasoline outboard motors, and is a leading professional supplier for the industry in China.

Meanwhile, the Group is realizing an upgrade of its intelligent equipment manufacturing to higher quality digital intelligence based on its capabilities in industrial online solutions and its platform of artificial intelligence, and achieving a comprehensive breakthrough in its “digitalization and intelligence” strategy.