Richard Liu's Yacht Brand Acquires Fujian Zhangzhou OceanWalker

According to Super Yacht Times, the yacht brand Sea Expandary, founded by JD.com founder Richard Liu, has acquired 80% equity of Fujian Zhangzhou OceanWalker company.

This transaction marks Sea Expandary's second acquisition of a yacht enterprise, following its purchase of 81.4% equity in superyacht service company Camper & Nicholsons from Hong Kong Lai Sun Development in May this year.

The image above shows a case displayed on OceanWalker's official website, indicating that the company has long cooperated with JD Group.

Fujian Zhangzhou OceanWalker Yacht Co., Ltd. was founded in December 2022 and has established mature dealer networks in North America, Europe, the Middle East, and Southeast Asia. Its core products (S60 series power catamarans and X53, X62 monohull flybridge yachts, etc.) are equipped with a new energy system composed of solar panels and lithium batteries, enabling zero-emission, low-noise navigation, and offering an ultra-long range of approximately1,500 nautical miles. The company has participated in yacht exhibitions in Hong Kong, Singapore, and Fort Lauderdale, USA.

Above: OceanWalker yachts

This acquisition aligns with Sea Expandary's vision of becoming the "world's largest green intelligent yacht full-industry-chain ecosystem group". Leveraging OceanWalker's mature manufacturing capabilities, Sea Expandary will significantly shorten delivery cycles and cover multiple categories including superyachts, medium and large yachts, sailboats, and support vessels. Meanwhile, relying on core technologies such as self-developed solid-state batteries, AI, and surface and underwater robots, the company will create safer, smarter, quieter, more environmentally friendly, and more comfortable products. All yacht models will be equipped with autonomous berthing and unberthing, intelligent collision avoidance, and voice-controlled ship-wide management functions, catering to the consumption needs of yacht owners worldwide.

Above: OceanWalker yachts

Since its establishment half a year ago, Sea Expandary has been active:

• In February, Richard Liu announced the establishment of an independent yacht brand, Sea Expandary, with an investment of 5 billion yuan, officially entering the yacht industry;
• In March, the Sea Expandary Group signed an agreement with the Dalian municipal government for a manufacturing base and operation project with a total investment of 15 billion yuan, and Sea Expandary Dalian Company was officially established in May;
• In April, Richard Liu's digital human appeared at the Sanya International Yacht Sub-exhibition of the Consumer Expo, stating plans to build a "world-class sailing yacht manufacturing base" in Sanya;
• In May, a Sea Expandary affiliate acquired 81.4% equity in superyacht service company Camper & Nicholsons from Hong Kong Lai Sun Development Company Limited for 49.14 million euros.
• In July, Sea Expandary established a branch in Qingdao, with its registered address in the Sino-German Ecopark in the Qingdao Free Trade Zone, covering businesses such as ship and yacht leasing.

Above: Richard Liu's digital human at the Sanya International Yacht Sub-exhibition of the Consumer Expo

| Source: Super Yacht Times

| Image source: OceanWalker official website; Consumer Expo video screenshot