Tan Xuguang, Chairman of Shandong Weichai Group and Chairman of Ferretti Group, stated, “Ferretti aims to become the world’s number one yacht brand.”

Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.

Once the potential dual listing is implemented, the Ferretti Group will officially be listed on both the Hong Kong Stock Exchange and the pan-European exchange in Milan.

With the acquisition of Celi, TISG has unlocked the opportunity to expand into non-industrial sectors such as high-end construction and luxury hotels. This move not only solidifies TISG’s position in the market but also presents new avenues for growth and profitability.