Vivic Corp. is a holding company with operations conducted primarily through its subsidiaries. The Company is engaged in the design, construction, on an outsourced basis, and distribution of power boats, charter boats and eco-friendly new energy boats. It designs and offers various yachts models which differ in their sizes, performances, and functions. It owns its own brand name, VIVIC. Its yachts are manufactured by third parties selected by the Company. The Company is the exclusive distributor of Monte Fino yachts in Asia and the Middle East. The Company also distributes Monte Fino yachts in other territories throughout the world other than those, such as the United States. It markets its yachts by participating in boat shows, through a channel of agents and operators in various regions. Its subsidiaries include Vivic Corporation (Hong Kong) Co., Limited and Vivic Corp. Taiwan Branch.
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