I think i found the answer on this link - Finding the Hull Identification Number (HIN)
XDYD -6965-02-74
manufacture's code - XDY
serial number - D6965
month of production - 02
model year - 74
That’s correct. And the Serial Number further decomposes into D for the Daysailor model and 6965 for the specific hull number (which doesn’t necessarily start at 0001).
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