Vivic Corp. is a holding company with operations conducted through its wholly owned subsidiary based in China. It has developed and operates Joy Wave, an online yacht rental and leisure service business in Guangzhou, China. In the mainland China and Taiwan, primarily through the Internet, it provides third-party yacht and marine tourism services. This marine tourism involves coastal tourism attractions in Taiwan and China, including Hainan, Guangdong, Xiamen, and Quanzhou. It also helps customers obtain patents, implement product launch plans, and evaluate products. Its subsidiaries include Vivic Corporation (Hong Kong) Co., Limited, Guangdong Weiguan Ship Tech Co., Ltd., Guangzhou Hysoul Yacht Company Limited and Wenzhou Jiaxu Yacht Company Limited. Vivic Corporation (Hong Kong) Co., Limited is an investment holding and tourism consultancy service. Guangdong Weiguan Ship Tech Co., Ltd. is engaged in tourism consultancy services and provision of yacht services.
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