Shenzhen Tan Hai Yacht Industry Development Co., Ltd. Invests in New Company in Dalian
Shenzhen Tan Hai Yacht Industry Development Co., Ltd. has invested in a new company, Dalian Tan Hai Yacht Co., Ltd., with a registered capital of 100 million RMB. This new entity, wholly owned by Shenzhen Tan Hai, will focus on manufacturing and selling recreational and sports boats, as well as related equipment. The investment signals a move by Sea Expandary, a yacht brand founded by Liu Qiangdong, into further development within the marine industry. AI
IMPACT This investment in yacht manufacturing has minimal direct impact on AI operators.