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Sunbird to acquire Zhuhai Xiongda

News International-French

14 Sep 2012

Zhuhai Sunbird Yacht Co., Ltd plans to acquire 100% cooperation rights and interests of Zhuhai Xiongda Yacht  Co., Ltd.

Zhuhai Sunbird signed a share purchase frame agreement with Zhuhai Xiongda, Zhuhai Xiongda’s Shareholder, Guangzhou Xiongda Yacht Co., Ltd, Zhengji Invest Co., Ltd.


Zhuhai Sunbird would acquire 100% cooperation rights and interests of Zhuhai Xiongda with no more than $6.3 million USD (40 million Yuan).


About Sunbird:

Founded in 2003, Sunbird Yacht Co., Ltd. is a listed company now engaged in design, research and development, manufacture, sales and service of high performance composite boats and yachts, as well as providing general and special solutions to clients ranging from plan design, manufacture and maintenance service. With registered capital about 139.1 million Yuan and assets of 940 million Yuan, we own two production bases, one in Yuanjiang city, Hunan province and the other in Zhuhai city, Guangdong province, as well as five branches oriented in yacht design and sales respectively. The five branches are Raphael Changsha, Rimbaud Bay Shanghai, Plandy Hong Kong, Plandy America and Marco Polo Italy. It covers 370,000 square meters in total, wherein 310,000 square meters in Hunan province and 60,000 square meters in Zhuhai city, also we have more than 900 employees including more than 100 R&D technicians and designers. Owning more than 200 sets of imported ship models, molding machines and composite materials testing machines, Sunbird is able to build 1000 boats per year and is the record holder in China with more than ten thousand boats sold locally and abroad 18 countries and regions. Sunbird yacht became Famous Trademark of China in May, 2011.

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