Yantai CIMC Raffles Offshore Ltd, also known as CIMC Raffles, is a shipbuilding

company based in Yantai, Shandong Province, People’s Republic of China1. The

company was founded in 1994 by Brian Chang, a Singaporean of South African
descent1.

CIMC Raffles specializes in offshore and marine fabrication1. It owns three

offshore construction yards located in Yantai, Haiyang, and Longkou, employing a
total of 3,000 people2. The company is known for its deep-water offshore equipment
designs and has built more than 200 different vessels with a deadweight up to
12,000 tons3.

The company has been involved in various innovative projects. For instance, it
delivered the world’s first offshore floating photovoltaic platform made of bamboo-
based composite material3. It also signed a contract with Saipem, an Italian
offshore leader, to convert a semi-submersible drilling rig into a Floating
Production Unit (FPU)3.

CIMC Raffles is a subsidiary of China International Marine Containers (CIMC)

Group1. Shares in the company have been traded on the Oslo OTC system in Norway
since May 20061. For more specific details about the company, I recommend checking
their official website3 or reaching out to them directly.