Hubei Sanjiang Boat Technology Co., Ltd. was established in 2006 and is a wholly-owned subsidiary of Hongyang Mechanical and Electrical Co., Ltd. of China Aerospace Science and Industry Corporation. The company specializes in the research and development, production and sales of motor boats, yachts, official boats and other series of products. It is the first domestic manufacturer of water-cooled engines for ships.

The company has a total investment of nearly 200 million yuan and an area of 200 acres. The company not only has a strong scientific research team and cutting-edge military science and technology personnel, but also has more than 200 sets of complete various production equipment, various testing equipment and test equipment. The annual production capacity of 10,000 various types of glass fiber reinforced plastic boats and 20,000 engines & jet pump devices and related supporting parts. The company has a Class I fiber-reinforced plastic general ship repairing technology license, a third-level aluminum general ship repairing technology license and a Class B ship design qualification. A number of products independently developed by the company fill the domestic gap and have won many countries Grade patent. The products have been exported to more than 30 countries and regions, and a complete global marketing network and after-sales service system have been established.