Item 1.01. Entry into a Material Definitive Agreement
On
Ocean Way was formed in 2013 and is a comprehensive Chinese yacht service provider. It owns multiple platforms including magazine, new media and online yacht mall. It has a proprietary yacht database and has been providing customized and accurate market study reports for yacht event organizers, sellers ad manufacturers since 2019. It has produced a number of publications including "2015 Ocean Way China Yacht Market Study" and "2017 Ocean Way China Yacht Market Study" which were the unique market reports for Chinese yacht market.
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