DONGFANG PRECISION(SZ:002611)2023-05-24 10:14Group 1: Company Overview - Guangdong Dongfang Precision Technology Co., Ltd. focuses on high-end packaging equipment, aiming to lead and transform the industry through high-performance products and digital intelligence [1][2] - The company maintains a comprehensive industrial chain layout in the corrugated paper packaging equipment sector, covering all key processes in the production chain [2] Group 2: Market Position and Demand - The demand for packaging equipment is shifting from low-end to high-end products, driven by rapid industrialization and technological upgrades in China [2] - Corrugated boxes are essential in various sectors, including food and beverage, daily chemicals, electronics, home appliances, and e-commerce, making them a necessity for national consumption [2] Group 3: Growth Drivers - The company has seen rapid order growth due to increased demand for equipment lines from downstream clients and the need for parts and technical support for existing sold equipment [2] - Dongfang Precision is actively expanding into emerging markets in Southeast Asia, Latin America, and Africa, achieving positive progress [2] Group 4: IPO Progress - The IPO application for Baisheng Power was approved by the Shenzhen Stock Exchange's Growth Enterprise Market in January 2023, and the company is currently advancing its registration work for the public offering [3]