Shandong Mingfan Sports Culture Media Co., Ltd. was established in March 2021. It is a comprehensive sports culture media company integrating youth and adult sailing and sailboard water sports training and experience, sailing excursion, sports competition organization, advertising release, sports goods and equipment sales, etc. The company’s Marine Mingfan Sailing Club (hereinafter referred to as the “Club”) was established in 2018, located in North China Sea Park, Muping District, Yantai City.