Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”), formerly known as Yantai Shipyard, is a 100% subsidiary company of CIMC Group. Currently, CIMC Raffles has 5 Offshore and Marine Engineering centers located in Yantai, Shenzhen, Shanghai, Norway and Sweden and 3 construction bases located in Yantai, Haiyang and Longkou. Main business of CIMC Raffles includes design, construction, repair & conversion, operation and leasing of drilling rigs, production units, offshore supply vessels, ocean farming facilities, offshore wind vessels, high-end ferries and yachts, and facilities for aquatic entertainment etc., aiming to provide turn-key solution to the clients.