Dongfang Precision: Parallel Development of Dual-Core Business, Intensive Cultivation of High-end Core Parts Industry

At the beginning of establishment, Dongfang Precision framed a strategic concept of "getting bigger, not just stronger". Chairman of the Board Tang Zhuolin said that the Company had begun following the strategy that "merger and acquisition should serve as one of the important ways for the Company to develop and grow in the future", which is known as the “Dongfang + ”strategy, since it planned to go public.

From a "Hidden Champion" to an International Enterprise-How Dongfang Precision Became the Bellwether of the Industry?

Recently, Guangdong Dongfang Precision Science & Technology Co.,Ltd. (hereinafter referred to as "Dongfang Precision”) announced its third quarter report which shows that the company's gross sales from January to September of this year amounts RMB2.337 billion, an increase of 115.46% year on year, and the net profit is RMB205 million, an increase of 182.62% year on year. At the same time, it is expected that its annual net profit will increase by 190% to 240% year on year.