Established in 1972, Shanhaiguan Shipbuilding Industry Co., Ltd. started the operation in 1986 and has been engaged in ship newbuilding since 2000. In June 2016, the shipyard was integrated into Dalian Shipbuilding Industry Co., Ltd. (DSIC) and became the premise 2 of DSIC for ship newbuilding, ship repair and conversion. It covers a total area of 3,116,000 m2, including 2,088,000 m2 land and 1,028,000 m2 harbor waters. With two ship newbuilding docks and four ship repairing docks, the yard is engaged in main business of ship repairs & conversions, ship newbuilding and offshore unitsmore

As a deep-water offshore equipment designer and builder, Yantai CIMC Raffles Offshore Ltd (CIMC Raffles) owns three offshore construction yards located in Yantai, Haiyang and Longkou, employing a total of 3,000 people. To date, CIMC Raffles has delivered seven deep-water semisubmersible drilling rigs; its current construction projects account for 21% of global market share. In September 2014, CIMC Raffles was listed on the shipbuilder whitelist published by Ministry of Industry and Information Technology of the People’s Republic of China. Its high-end deep-water semisubmersible drilling rigsmore