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Introduction of Dongfang Precision Group
Release time:2021-12-02

Dongfang Precision Group (hereinafter referred to as "The Group") was founded by Chairman Victor Tang in 1996 in Foshan City, Guangdong Province. With the Intelligent Manufacturing as its strategic vision and core business, the Group is one of the earliest companies engaged in the R&D, design and production of intelligent corrugated packaging equipment in China. Since its listing in 2011, the Group has established the development model of internal growth, external expansion and dual-wheel driven, and expanded its business scope to the upstream and downstream of the corrugated packaging equipment industrial chain. Now the Group has become a global leading intelligent corrugated packaging equipment supplier with comprehensive strength, and committed to transforming itself into a provider of industrial comprehensive solutions for smart factories, through the implementation of intelligentization and digitalization. In the field of Core Components, its subsidiary Parsun Power is a leading professional supplier of marine power equipment in China.

 

Group Business Sectors

Dongfang Precision Group

Intelligent Corrugated Packaging Equipment

Dongfang Printer Division  

Industrial Solutions for Smart Factory

Dongfang Digicom

Core Component

Parsun Power

Capital Operation

Yineng Investment

 

 

Business of Intelligent Corrugated Packaging Equipment

 

The Group business of intelligent corrugated packaging equipment  primarily covers the business of corrugator line and Corrugated Printing and Packaging Equipment. The Group’s business entities include Fosber S.p.A. (Fosber Group), Guangdong Fosber Intelligent Equipment Co., Ltd. (Fosber Asia), Guangdong Dongfang Precision Science and Technology Co., Ltd. (Dongfang Printer Division), EDF Europe S.r.l. (EDF) and etc., which have built a global layout of R&D, manufacturing, and sales.

 

{C}(1)    Business of Corrugator Line

The Group’s business of corrugator line is mainly operated by Fosber Group, a wholly owned subsidiary, and Fosber Asia, a holding subsidiary. Specifically, Fosber Group targets the Europe, America and other mature international markets, while Fosber Asia actives in China, Southeast Asia, South America and etc.

 

Fosber Group is a leading global supplier of high-end corrugator line, and one of the two largest companies in the industry of high-speed and wide-width corrugator line. Its customers include International Paper, Smurfit Kappa, Turnhout and other world-renowned large packaging companies. Fosber Group is an important promoter and innovator of up-to-date corrugating technology, enjoying great influence and brand awareness in the global market.

Fosber Group completed the acquisition of the Spanish Tiruna Grupo Industrial, S.L.U (Tiruna Group) in 2019. It is a century-old high-end manufacturer focusing on high-end corrugated rollers and pressure rollers, which ranks top in global manufacturing industry of professional corrugated roller.

Fosber Group completed the acquisition of Agnati, an Italian manufacturer of corrugator line, and its related business in 2020, then renamed it as Quantum Corrugated. Agnati's brand history dates back to the 1930s, and it is one of the global major suppliers of corrugator line. It has sold more than 3,000 machines in 82 countries worldwide till 2020. The new Quantum Series corrugator line was launched and it achieved a sales breakthrough in 2021.

Fosber Asia has entered the fast track of development since 2020. Its market share in China and Southeast Asia has achieved continuous growth, with the new launch of localized high-end intelligent corrugator line.

 

{C}(2)    Business of Corrugated Printing and Packaging Equipment

The Group business of Corrugated Printing and Packaging Equipment is mainly operated by Dongfang Printer Division and EDF. To meet the demands of customers at home and abroad, Dongfang Printer Division has launched two major converting lines and individual machine units, including  Top Printing Machine Flexo Printer Slotter Die-Cutter, and Bottom Printing Machine Flexo Printer Slotter Die-Cutter. TOPRA series is mainly for the domestic market, while APSTAR series is for the international market, and the Casemaker FD series and Casemaker HGL series are for foreign market. Products with dozens of specification and varied positioning are available. Therefore, Dongfang Precision is hailed as the machinery supplier with the most complete product lines and the most extensive product library worldwide in corrugated printing and packaging industry.

Dongfang Precision Group acquired 100% of EDF Europe S.r.l. in 2016 and set it as the Group’s R&D and production base in Europe, for the  high-end corrugated converting line. It not only has upgraded the research and development of the Group’s existing printing equipment, realized the R&D and production of high-end models in Europe, but also further promoted the worldwide sales performance, and implemented the Group’s development strategy featuring high-end market, international layout and balanced allocation of global resources.

 

{C}(3)    Business of Comprehensive Solutions for Smart Factory

In 2020, Dongfang Precision Group established a subsidiary named Dongfang Digicom Technology Co., Ltd. (DF Digicom), which is dedicated to providing comprehensive solutions to smart factories in the corrugated packaging industry. Dongfang Digicom endeavours to become a leader of digital transformation in the corrugated packaging industry. It focuses on creating a cloud platform of industrial Internet services for smart factories, where all equipment is interconnected, based on corrugator line, corrugated printing and packaging equipment, logistics and warehousing of the whole factory, to develop a complete industrial ecosystem.

 

Business of Marine Power Equipment

Suzhou Parsun Power Machine Co., Ltd. (Parsun Power) is a holding subsidiary of Dongfang Precision Group, which is a supplier of outboard motors, integrated with R&D, manufacturing, sales and services.

Parsun Power has four major series of outboard motor up to date, which can be classified into 20 categories and hundreds of models, with power from 2 to 115 horsepower (HP), which has made its outboard motor production line the most complete one among its domestic peers. In particular, the performance indicators of some outboard motor models have met the international advanced level, attributable to the maturity of electronic fuel injection (EFI).   

 

Business of External Development

Hainan Yineng Investment Co., Ltd. (Yineng Investment) aims to undertake the Group’s external business, considering industry as its foundation, capital as its wings, and Group’s strategy as its guidance. Yineng Investment focuses on the industries related to Dongfang Precision Group’s main business. Relying on the industrial strengths, Yineng Investment fully involves in strategic emerging industries, including high-end machinery, artificial intelligence, mass consumption, biomedicine and etc. It is a company with broad space and strong strength in investment industry. It aims to seek industrial synergy while obtaining good return on investment, and expand new space in the industry to underpin the Group’s sound development.

Since 2020, Digitalization and Intelligentization have been positioned as an important part of the Group's strategy in the next five years. During the implementation of this strategy, our Group's business model will be gradually transformed from an equipment manufacturer into a provider of industrial comprehensive solutions for smart factories. At the same time, the Group willd accelerate the building of organizational capacity within group integration, promote the coordination between each business sector, and jointly enhance the digital upgrading. The Group remains committed to strengthening its leadership capability among senior management, optimizing the talent management system, and building talent teams for each level, so as to achieve sustained and stable development with all subsidiaries, and become a highly influential industrial group with confidence of customers, trust of shareholders and respect of employees.