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Hainan Setup article preview for Richard Liu's Sea Expandary Acquires OceanWalker: What It Means for Sanya's Yacht Ambitions and Yazhou Bay Science CityHainan FTP

August 23, 2026 · 10 min read

Richard Liu's Sea Expandary Acquires OceanWalker: What It Means for Sanya's Yacht Ambitions and Yazhou Bay Science City

Sea Expandary — Richard Liu's yacht venture — closed its 80% acquisition of catamaran builder OceanWalker on August 17, 2026, weeks after agreeing to buy 80% of Camper & Nicholsons for €40M. What the deals mean for the Sanya yacht industry, Yazhou Bay Science City, and foreign marine suppliers entering via the Hainan FTP.

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