According to the Tianyancha App, recently, Shenzhen Exploration Yacht Industry Development Co., Ltd., an affiliate of Liu Qiangdong's yacht brand, underwent commercial and commercial changes. The registered capital increased from 10.88 million US dollars to 20 million US dollars, an increase of about 84%. Shenzhen Exploration Yacht Industry Development Co., Ltd. was established in February 2026. The legal representative is Zhang Ran. Its business scope includes ship sales, mold manufacturing, mold sales, marine ancillary equipment manufacturing, recreational boat and sports boat sales, and non-ship transportation business. According to shareholder information, the company is wholly owned by Future Expandary Limited.

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