DONGFANG PRECISION(SZ:002611)2022-12-07 08:36Group 1: Company Overview - The company, Guangdong Dongfang Precision Technology Co., Ltd., is involved in the industrial robotics sector and has made strategic investments to enhance its capabilities [2][3]. - The company holds a 20% stake in Jiaten Robotics and a 40% stake in the Italian company, Flandre Group, to accelerate technology introduction and expand its market presence [3][4]. Group 2: Product Offerings - Flandre Group specializes in intelligent warehousing and logistics systems, providing comprehensive solutions from project evaluation to software design and installation [3][4]. - The products include automated vertical lift storage cabinets, automated rotary storage cabinets, and automated three-dimensional warehouse logistics systems [3][4]. Group 3: Market Applications - Flandre Group's products are applicable across various industries, including food and beverage, pharmaceuticals, tobacco, fashion, military, electronics, and e-commerce [4]. - Baisheng Power, another subsidiary, produces outboard engines, generators, and pumps, primarily serving leisure, military, and marine equipment sectors [4][5]. Group 4: Future Growth Prospects - The company anticipates significant profit contributions from Baisheng Power, following the acquisition of 80% of its shares in July 2015 [5]. - The establishment of a joint venture with Guangdong Fosber is expected to enhance market presence and profitability through product sales [5]. - The completion of the Flandre Group acquisition is projected to positively impact the company's consolidated financial statements in the upcoming year [5].