The parameters of joint parts must be included in the finite element model of a whole grinding machine. The subject investigated in this paper is B2-K3000 high-precision composite flexible grinding machine. Through finite element modeling, the joint part parameters are integrated into the whole grinding machine model to establish a dynamic model and then analyze its static and dynamic characteristics. The result shows that the whole grinding machine possesses good features, but it still needs to be improved. This paper gives suggestions for its structure development and application.