The company is headquartered in the Tsuen Wan district of Hong Kong, and operates a sales and distribution office in Shanghai China.

In their early years, Dragon primarily focused on model kits featuring military vehicles topics, with their first ever item being the Typhoon-class submarine.

The item became a hit due to the subject being heavily featured in the film The Hunt for Red October.

In the 1990s Dragon diversified into multiple different product lines including ready-made collectibles and action figures.

In 1999, Dragon introduced its 1/6 scale New Generation Life Action figure series, which featured life-like head sculpts and ultra-detailed uniforms, weapons, and gear.

The series was met with acclaim and helped revive the action figure industry with collectors who view it as the successor of the more traditional and toy-like G.I.

Throughout the years, Dragon has developed multiple engineering technologies and features with the goal of enhancing the modeler's experience.

Weld patterns between plates, gratings, one-piece hull and turret interior are common features included in Dragon kits.

[7] The usage of slide mold technology has caused Dragon to rely less on photo-etched parts (See Smart Kit, below).

Dragon was the officially appointed supplier of aircraft models for Airbus and Boeing for their promotional and souvenir purposes.

The series features fully posable military and licensed 12-inch figures with cloth uniforms, weapons and equipment.

The series currently stands at some 400-plus individual releases, with subjects varying from World War II, Modern Special Operations and Law Enforcement, to licensed character figures from movies, sports, electronic games and comics.

Dragon also markets a line of 1/144 models ('Panzer Korps') of German World War II and modern tanks.

In 2005 a militant group calling themselves the "Mujahedeen Brigades" posted a photograph depicting an American soldier named "John Adam" with his hands tied behind his back with a rifle pointed at him.

[10][11] His purported captors claimed that they would execute Adam if the United States did not comply with their demands, which called for the release of several Iraqi prisoners.

[12][13] Media sources questioned the photo's legitimacy and a military specialist for CNN commented that the image had several inaccuracies, one of which was the figure's uniform jacket.

[14] Soon after a spokesperson for Dragon noted that the man in the photo appeared to be the action figure "Special Ops Cody" and that the gun pointed at his head was an accessory that came with the toy.