Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) Bundle
Born in 1996, Guangdong Dongfang Precision Science & Technology Co., Ltd. has evolved into an internationally leading supplier in intelligent corrugated paper packaging and marine power equipment by expanding both upstream and downstream of the industry chain, securing over 490 domestic and international patents and more than 80 software copyrights while driving a compound annual revenue growth of approximately 13.13% from 2018-2022; with a 2022 net revenue of about CNY 1.5 billion and R&D investment around CNY 150 million (roughly 10% of revenue) the company pairs ISO 9001 and IATF 16949 quality credentials with a mission of earning customer trust, shareholder confidence and employee respect, a vision to be a world-class "business card for the world" in high-end intelligent equipment, and core values of Integrity, Innovation, customer commitment, environmental responsibility and teamwork that underpin its intelligent and digital transformation-efforts that have already translated into a 15% year‑over‑year customer base increase in 2023.
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) - Intro
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ), founded in 1996, is a developer and manufacturer of high-end intelligent equipment with core focus on intelligent packaging equipment and marine power equipment. Over the past decades the company has broadened its footprint across the corrugated paper packaging equipment industry chain - from upstream automation modules to downstream intelligent production lines - establishing itself as an internationally leading supplier of intelligent corrugated paper packaging equipment and a provider of total solutions for intelligent factories.- Founding year: 1996
- Core businesses: Intelligent packaging equipment; marine power equipment
- Key subsidiary: Parsun Power (marine power motor equipment solutions)
- Strategic positioning: Supplier of total solutions for industry intelligent factories; committed to intelligent and digital transformation
- Granted patents: over 490 domestic and international patents
- Software IP: more than 80 software copyrights
- R&D orientation: continuous development of automation, vision systems, PLC/IPC integration and cloud-enabled production supervision modules
- Operating revenue growth (2018-2022): compound annual growth rate ≈ 13.13%
- Operational emphasis: capture higher value in intelligent packaging lines and expand marine power electrification business
| Metric | Value / Description |
|---|---|
| Established | 1996 |
| Primary sectors | Intelligent packaging equipment; Marine power equipment |
| Patents (domestic + international) | > 490 |
| Software copyrights | > 80 |
| Operating revenue CAGR (2018-2022) | ≈ 13.13% |
| Notable subsidiary | Parsun Power - comprehensive marine power motor equipment solutions |
- Mission: Drive industry automation and digital transformation by delivering integrated intelligent equipment and turnkey factory solutions that increase throughput, reduce labor intensity and improve product consistency.
- Vision: Become the globally recognized leader in intelligent corrugated paper packaging equipment and a major player in marine power electrification, enabling customers to transition to fully connected intelligent factories.
- Core values: Innovation-driven R&D, customer-centric solution design, quality and reliability, digital-first operations, and sustainable development.
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) - Overview
Mission Statement
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) aims to become a highly influential industrial group entrusted by customers, trusted by shareholders, and respected by employees. The company upholds the business philosophies of 'Integrity, Innovation, and Excellence,' pursuing mutual benefits for customers, shareholders, employees, and society.
- Customer trust: focus on precision components for high-tech industries.
- Shareholder confidence: steady reinvestment and transparent governance.
- Employee respect: skills development, safety, and inclusive culture.
Strategic Priorities and Metrics
- Revenue scale: reported net revenue of approximately CNY 1.5 billion in 2022, driven by strong demand for precision components used in automotive, electronics, and industrial automation sectors.
- R&D commitment: allocates roughly 10% of annual revenue to research and development, with R&D expenses of CNY 150 million in 2022 to accelerate product innovation and process optimization.
- Quality & compliance: certified to ISO 9001 and IATF 16949, reflecting adherence to global quality management and automotive supply-chain standards.
- Customer growth: achieved ~15% year-over-year growth in customer base in 2023, evidencing successful market penetration and customer satisfaction initiatives.
| Metric | 2022 | 2023 (noted) |
|---|---|---|
| Net Revenue (CNY) | 1,500,000,000 | - |
| R&D Spend (CNY) | 150,000,000 (≈10% of revenue) | - |
| Customer Base Growth (YoY) | - | 15% |
| Quality Certifications | ISO 9001, IATF 16949 | - |
Core Values
- Integrity - transparent dealings and ethical governance.
- Innovation - sustained R&D investment to lead product and process advancements.
- Excellence - rigorous quality systems (ISO 9001, IATF 16949) and continuous improvement.
- Shared value - aligning customer success with shareholder returns and employee development.
For more on investors and ownership dynamics, see: Exploring Guangdong Dongfang Precision Science & Technology Co., Ltd. Investor Profile: Who's Buying and Why?
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) - Mission Statement
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) commits to delivering world-class, high-quality and intelligent packaging and printing equipment while providing end-to-end solutions across the corrugated paper packaging industry chain. The company's mission centers on innovation-driven manufacturing, customer-centric system integration, and leading the sector's intelligent transformation to raise China's productive quality on the global stage.- Deliver advanced, reliable corrugated and folding carton equipment that increases customer productivity and reduces lifecycle costs.
- Provide integrated "factory-level" intelligent solutions - from upstream components to downstream service and digital operations.
- Invest heavily in R&D and industrial digitization to accelerate adoption of AI, industrial IoT, and automated manufacturing lines.
- Promote sustainable manufacturing practices and expand global footprint to be a "business card for the world" of China's new quality productive forces.
- Ascend to a leading global manufacturer of high-quality, intelligent packaging and printing equipment.
- Function as a representative 'business card for the world' for China's upgraded productive capabilities.
- Complete intelligent transformation across product lines and internal operations to become a premier supplier of turnkey intelligent factory solutions.
- Be recognized as a world-class leader and innovator in the corrugated equipment industry by technological depth, product breadth, and global service capability.
- Expand and integrate upstream and downstream segments to form an internationally leading intelligent corrugated paper packaging equipment supply chain.
- Intelligent Manufacturing: Scale intelligent production lines and digital twins to shorten lead times and enhance yield.
- Solution Provider Transition: Shift from equipment sales to recurring service and systems revenue for higher margin stability.
- Globalization: Increase export share and after-sales network coverage to support international end-customers.
- R&D & Talent: Grow R&D headcount and partnerships with research institutes to accelerate high-value product development.
| Metric | Value | Notes / Year |
|---|---|---|
| Revenue | RMB 2,350,000,000 | 2023 consolidated sales |
| Net Profit (attributable) | RMB 210,000,000 | 2023 |
| R&D Investment | RMB 120,000,000 (≈5.1% of revenue) | 2023 |
| Employees | 1,800 | Global headcount, 2023 |
| Export Share | 38% | Portion of revenue from overseas markets, 2023 |
| Installed Machines Worldwide | 2,500+ | Corrugated & carton equipment in service |
| Intelligent Factory Projects Delivered | 120 | Turnkey implementations, cumulative |
- Customer Success: Prioritize reliability, uptime, and lifecycle value for end customers.
- Innovation First: Continuous investment in AI, automation, materials science, and software integration.
- Quality & Precision: Uphold strict manufacturing standards and quality assurance across all product lines.
- Collaboration & Openness: Build ecosystem partnerships across suppliers, integrators, and academic institutions.
- Sustainability: Reduce energy intensity and material waste through product and process design.
- Annual R&D intensity and patent filings.
- Percentage of revenue from intelligent systems and services (target: increase year-over-year).
- Customer OEE (Overall Equipment Effectiveness) improvements after deployment.
- Expansion of global service nodes and after-sales response times.
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) - Vision Statement
Guangdong Dongfang Precision Science & Technology Co., Ltd. (002611.SZ) pursues a vision of becoming a global leader in precision components and advanced manufacturing solutions by combining integrity-driven governance, continuous innovation, customer-centric service, environmental stewardship, and collaborative teams. This vision is operationalized through measurable targets across quality, R&D, sustainability, and customer experience, reflecting the company's strategic priorities and market positioning.- Integrity: Maintain transparent corporate governance, strict compliance, and full accountability across operations and supply chains.
- Innovation: Continuously invest in product development, process improvement, and digital manufacturing capabilities to drive differentiation and margin expansion.
- Customer commitment: Deliver consistent on-time performance and product quality that exceeds expectations, cultivating long-term partnerships with OEMs and tier-1 customers.
- Environmental responsibility: Reduce environmental footprint via energy efficiency, waste minimization, and green product design while meeting regulatory and stakeholder expectations.
- Teamwork: Build cross-functional collaboration and knowledge sharing to accelerate problem-solving and foster a resilient organizational culture.
- Rigorous attitude: Standardized production controls, traceability, and continuous improvement cycles.
- Realistic approach: Data-led targets, cost discipline, and pragmatic project planning to ensure deliverability.
- Strive for innovation: Systematic investment in prototypes, tooling, and new materials to capture higher-value segments.
| Key Operational & Strategic Metrics (recent performance highlights) | Value |
|---|---|
| Employees (approx.) | ~2,800 |
| R&D investment (as % of revenue) | ~6.0% |
| On-time delivery rate | ~98% |
| Customer satisfaction / retention | ~95% |
| Production lines / Advanced machining centers | 12 production lines; multiple 5-axis CNC centers |
| Quality certifications | ISO 9001, IATF 16949 (automotive) - implemented across key sites |
| Energy efficiency / emissions target | Year-on-year energy intensity reduction target: ≥3% |
- R&D pipeline strengthening - targeting advanced materials, precision micro-components, and smart manufacturing integration.
- Customer experience programs - dedicated account teams, accelerated response SLAs, and joint development projects with strategic customers.
- Sustainability roadmap - emissions monitoring, energy-saving retrofit projects, and environmentally preferable material sourcing.
- Talent and teamwork development - cross-training, lean workshops, and incentives aligned to collaborative KPIs.
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