VIVIC is a small, early-stage yacht distribution company focused on selling Monte Fino brand yachts to commercial yacht operators and private buyers in the U.S. and Southeast Asia. VIVIC holds exclusive distribution rights for Monte Fino yachts (manufactured by Kha Shing Enterprise) across Asia and the Middle East. VIVIC does not manufacture yachts — when a customer places an order, VIVIC negotiates an OEM contract with a third-party manufacturer, oversees construction, and delivers the finished yacht. The company also sells yachts under its own "VIVIC" brand. VIVIC's primary target customers are commercial yacht operators — companies that charter, rent, or timeshare yachts — rather than individual private buyers. VIVIC's revenue model is straightforward: the company earns a spread between what it pays manufacturers and what it charges customers, with revenue driven by the number of yachts sold and the price per yacht. VIVIC also provides post-sale support services, though these are relationship-maintenance activities rather than a distinct revenue stream. VIVIC markets through boat shows and a network of agents and operators. The company recently wound down its Taiwan branch office due to regulatory constraints on importing Chinese-made ships into Taiwan, and is now rebuilding its commercial presence from a U.S. base. With 14 employees and its first meaningful revenues generated in late 2023, VIVIC is at a very early stage. Longer term, VIVIC has ambitions to develop an all-electric yacht, though this remains an early-stage aspiration.