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McConaghy Boats and JinLi Composites Joint Venture

02 December 2005

Australian based yacht builders McConaghy Boats and China’s JinLi Composites have announced a powerful joint venture partnership to build large, custom designed composite ocean racing yachts for the world market.

Production will be based at a new facility JinLi has established just outside Hong Kong. Management and staff from McConaghy will coordinate and manage building procedures while JinLi will deliver the very latest composite technology to each project. Their credo is to build superior one-off racing yachts at the most competitive price.

For more than three decades McConaghy Boats has been recognised for the construction of some of the world’s largest, most technically advanced and successful ocean racing yachts, including Genuine Risk and the latest Morning Glory. During the past six months the company has completed two 30-metre long Reichel-Pugh designed canting keel race boats, Neville Crichton’s Alfa Romeo and Bob Oatley’s Wild Oats. Since its inception McConaghy has also achieved high acclaim for their pioneering production techniques and innovative design and production of equipment such as steering wheels and spinnaker poles.

JinLi was established by sailing enthusiast Francis Wu in the late 1980s and since then has grown from being one of the world’s largest suppliers of high-tech sailboard equipment to a company creating a widely diversified range of sophisticated composite products, including motorised paragliders, award winning bicycles, snowboards, kite boards and more recently composite panels for high performance motor vehicles and race cars. Well-known world windsurfer champion and supermaxi sailor Anders Bringdal became a partner in JinLi two years ago. JinLi also boasts extensive R&D facilities.






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