China Industrials "Profiling 10 ocean economy companies in China" Xu

Research evidence excerpt

China Industrials "Profiling 10 ocean economy companies in China" Xu

Global Research

18 June 2026ab

China Industrials Equities

ChinaProfiling 10 ocean economy companies in China

Industrial

Robin Xu

Profiling China's deep-sea startups Analyst

Along with our China ocean economy note, China's expanding space and ocean bin.xu@ubs.com

ambitions, we profile 10 private companies operating in China's ocean economy. Six of +86-21-3866 8872

these specialise in underwater robots, two in underwater surveying equipment and two Zed Sheng

in offshore engineering equipment. Analyst

S1460525030003

Ocean exploration is a key step in developing the ocean economy zed.sheng@ubs.com

+86-21-3866 8730

According to the OECD, the ocean economy is defined as economic activities that: 1)

take place on or in the ocean; 2) produce goods and services primarily for use on or in Yuhua Li

the ocean; 3) extract non-living resources from the marine environment; 4) harvest living Analyst

yuhua.li@ubs.comresources from the marine environment; 5) use living resources harvested from the

+852-2971 6491

marine environment as intermediate inputs; and 6) gain an advantage by being located

near the ocean.

Segments of the ocean economy

Underwater robots, key vehicles for deep-sea and large-scale underwater exploration,

enable ocean exploration and research, underwater infrastructure maintenance,

environmental monitoring and underwater photography. Underwater robots typically

integrate sensors, cameras and articulated manipulators to perform submerged

operations. Acoustic detection equipment provides seabed mapping and underwater

sensing data, and they are usually carried by remotely operated vehicles (ROV),

autonomous underwater vehicle (AUV) or research vessels. Dredging equipment