Tongzhou Zhihang reports smart-yacht order pipeline above RMB 100 million
Tongzhou Zhihang reported more than 500 orders with a stated value above RMB 100 million for its leisure-vessel technology, but customer identities, binding terms and fulfilment status were not disclosed.

Evidence notes
- The figure is a company-reported demand signal rather than a verified booked-order total.
- The company expects the first integrated yacht around late July or August 2026.
- No contract-by-contract schedule or revenue recognition detail was provided.
Company context
Chinese maritime-technology startup developing AI-enabled navigation, driver-assistance and smart-cockpit systems for leisure vessels.