Hainan is building a free trade port, and the yacht industry is a government-backed industry, so after the establishment of the new company, the business is very busy, there are now more and more Chinese yacht buyers, and international yacht manufacturers are generally optimistic about the Hainan yacht market.

Simpson Yacht Co., Ltd. is a professional yacht sales and rental company in Hong Kong. It is the Asian agent for world renowned yacht and sailing brands such as Sanlorenzo in Italy, Filland in the UK and Lagoon Catamaran in France. The company has 24 catamarans in Asia. Simpson Yacht (Sanya) Co., Ltd. is a subsidiary of Simpson Yacht Company registered in Sanya CBD on September 25, 2020.

Following the announcement of the General Plan for the Hainan Free Trade Port, Simpson Yacht management concluded that the government had established a pilot zone for the reform and development of the yacht industry in Hainan with the support of a large mainland market. With the construction of the Hainan Free Trade Port, the Hainan yachting industry will enter a period of rapid development and will lead the development of China's yacht industry. Simpson Yacht decided to create a subsidiary based on the previous branch opening in Sanya and re-registered Simpson Yacht (Sanya) Co., Ltd.

With the introduction of favorable policies such as the cancellation of the Hainan Customs guarantee for yachts entering Hainan, international yacht manufacturers continue to advise on entry to Hainan. Trading business Simpson Yachts (Sanya) Co., Ltd. is on the rise and many yachts have been sold over the decades. There are yachts ranging in value from tens of millions of dollars to luxury yachts worth tens of millions, including the newest French Lagoon 46 and Lagoon 50.

Our subsidiary's yacht sales have more than doubled this year from last year's sales, with the biggest problem at the moment being labor shortages. For this reason, Simpson Yachts (Sanya) Co., Ltd. is urgently recruiting employees around the world.

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