News Release


Xi Jinping visits and inspires CIMC Raffles



On June 13, Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, visited Yantai Manufacturing Base of CIMC Raffles in the rain. He carefully observed and listened to the introduction about Blue Whale One, the most advanced ultra-deep-water semi-submersible drilling platform with dual-derrick rigs in the world, and Taisun, the world's largest gantry crane, and heard report on the company’s efforts in independent design, R&D and manufacture of high-end offshore equipment and its independent innovation achievements. Learning that made two world records of the longest unstopped extraction of gas and the largest output of extracted gas, Xi encouraged the company to achieve further breakthroughs by saying that “the core technologies cannot be bought. Independent innovation is the only way that we can have such core technologies of our own. I am confident in CIMC Raffles, and hope you can make more efforts in independent innovations.”


In China, CIMC Raffles is a leading offshore enterprise that has established most comprehensive and complete business and service channels abroad and the only offshore business player that has overseas assembly and delivery proven track records. 


As of April 30, 2018, CIMC Raffles cumulatively delivered 69 offshore equipment including 12 semi-submersible platforms (accounting for 80% of the market share in China within the same period), 12 self-elevating platforms, 3 wellhead platforms, 23 special-purpose vessels, 12 luxurious yachts and high-end cruises, 7 marine farm platforms, and successfully completed 29 repair and reconstruction projects. Today, the company is working on 2 semi-submersible drilling platforms designed and built special for harsh seawater conditions in polar regions, 1 floating removal platform, 1 FPSO, 14 marine farm platforms, 2 intelligent net cages and 1 farming platforms, 1 88-m superyacht. In the meantime, CIMC is capable of offering complete floating power station solutions, designing and building offshore complex and constructing onshore chemical modules.