Dafeng Group was originally affiliated to North Korea's National Defense Commission, and now it has completed the shareholding system reform.
Chairman of Dafeng Group: Jin Yangjian (Minister of United Front Work Department of North Korea)
Chairman and Vice Chairman: Cheol-su Park (Korean of China)
Other wise board members include Kim Jong Il's brother-in-law, Defense Minister Jang Sung-taek and many other powerful people in North Korea.
Dafeng Group's functions are: to revitalize the economic recovery and development of the Democratic People's Republic of Korea, attract international capital and provide convenient channels for businessmen from all over the world who are interested in investing in North Korea. It is an important channel to contact international financial institutions and international economic and investment institutions, and vigorously supports and protects the legitimate rights and interests of foreign investors with the most perfect international operation mode and special laws and policies endowed by the Korean people.
Bottom line: North Korea's official economic and diplomatic agent.
Dafeng Group is not a government department or institution of North Korea in name, but it is a joint-stock company, but it is actually controlled by the North Korean government.