Join hands with Italy Fipa Shanghai Jia Hao to enter luxury yacht market

Yesterday, Shanghai Jia Hao (300008) and Italy's top super yacht manufacturer Fipa formally signed the "Maiora 20S Yacht Production technology transfer" and "exclusive agent Fipa Italiana Yachts S.R.L Company Yacht Products" contract,　　The move marks a formal foray into China's luxury yacht market by Shanghai Jia Hao.　　According to the agreement reached between the two sides, Shanghai Jia Hao will produce Maiora 20S yacht in China and sell in the world, meanwhile, the company will also have the FIPA group other types of yacht in the domestic agent sales rights. Liu Nan, chairman of Shanghai Jia Hao, said that the choice of Maiora 20S yacht as the starting point is because the type of yacht is the FIPA Group series yacht Products, the smallest one, the cost is low, and in the international market, more easily accepted by Chinese customers, based on this,　　The company will also develop an independent brand of yacht products. In order to fully layout the yacht industry, Shanghai Jia Hao set up the yacht product development, design, production, maintenance, repair and modification of the business-oriented Shanghai Jia Hao Yacht Development Co., Ltd. and yacht sales, agents, marketing,　　Yacht Club operation and related services, such as business-oriented Shanghai Jia Hao Yacht Operation Co., Ltd.　　Early this year, Shanghai Jia Hao has been in the Fengxian yacht Industry Park in the layout of the first yacht manufacturing base, the entire project covers an area of 100 acres, and planned to be completed at the end of this year, the first independent construction of luxury yacht Maiora 20S according to plan will be launched in the first quarter next year. FIPA Group is a 40 luxury yacht construction experience of the traditional family business, located in the Italian yacht industry agglomeration Viareggio (Vichy), FIPA Group's existing three major brand products: Maiora series luxury FRP yacht, AB series speedboats and CBI series semi-draining cruise yachts. Responsible Editor: NF045