Dongfang Precision Group (hereafter referred to as the "Group") was founded by Chairman Tang Zhuolin in Foshan, Guangdong in 1996. The Group’s strategic vision and core business focus on “intelligent manufacturing."   It was one of the first companies in China to engage in research and development, design, and production of intelligent corrugated packaging equipment. Since its public listing in 2011, the Group has established a dual track development model of internal development and external expansion.  It has broadened its business to serve both the upstream and downstream customers in the corrugated packaging equipment industry. The Group has become a leading international supplier of intelligent corrugated packaging equipment with comprehensive strength. Through the implementation of intelligent and digital transformation, it has become a provider of overall solutions for smart factories in the industry. In the field of core components, the Group's subsidiary Parson Power is a leading professional supplier of outboard motor equipment in China.