In this paper, a new over-constrained parallel driving mechanism (PDM) with planar sub-closed chains is proposed. First, the number of over-constraints on the PDM is calculated. Then, an analysis is conducted as to the kinematics of the hybrid manipulator, including positions, velocities, and accelerations of all bodies. Furthermore, the Newton–Euler approach is taken to deduce the kinematic formula of each link and the formula of inertial force at the center of mass. However, it remains difficult to solve the equation since the number of equations is smaller than that of unknown variables. To solve this problem, the screw theory is applied in the present study to analyze the cause of over-constraints, with the link’s elastic deformation introduced as the supplement of deformation compatibility equations. Moreover, the actuation forces and constrained forces/moments are calculated simultaneously. Finally, the dynamic model is verified through simulation and experimentation. The proposed modeling approach provides a fundamental basis for the structural optimization and friction force computation of the over-constrained PDM.