Vivic Corp. is a holding company with operations conducted through its wholly owned subsidiaries based in China. The Company, through its wholly owned subsidiaries, is engaged in providing investment holding and tourism consultancy service and providing yacht service. The Company owns and operates Joy Wave, an online platform to provide yacht rental and leisure service business in Guangzhou, China. In the mainland China and Taiwan, primarily through the Internet, the Company 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. The Company also helps customers obtain patents, implement product launch plans and evaluate products. The Company's subsidiaries include Vivic Corporation (Hong Kong) Co., Limited, Khashing Yachts Industry (Guangdong) Limited, Guangzhou Hysoul Yacht Company Limited, Zhejiang Jiaxu Yacht Company Limited.
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