Recently, the signing ceremony between Haier Haisi (Xi'an) Control Technology Co.(HHCT), a wholly-owned subsidiary of CM Energy (0206.HK), and CTW (Tianjin) Offshore Engineering Co., Ltd. on 2 sets of jacking system of jack-up platforms was successfully held at the headquarters of CTW in Tianjin, China. 

Mr Zhan Huafeng, Executive Director and Executive President of CM Energy, and Mr Huang Xuefei, Chairman of CTW, signed the contract on behalf of two parties. Jia Guoxing, General Manager of CTW, and Wang Zhaogang, Consultant of CTW, Mr Chen Yunqiang, Vice President of CM Energy, and Mr Wu Jingwei, General Manager of HHCT, were present at the event. This contract has delivered the message strongly that the technology and quality of the complete jacking system provided by HHCT for CTW has been widely recognized by the market and customers, which includs VFD control system, jacking unit and rack and pinions.

The two companies have a long history of partnership. HHCT has begun to provide CTW with many sets of the same type of jack-up platform jacking system equipment since 2018. As the main supplier of CTW's jack-up platform jacking system equipment, HHCT has been unanimously recognised by CTW for its superior quality and reliable performance, which has laid a solid foundation for the establishment of a good, stable and long-term partnership between the two parties. In the future, CM Energy will build the industrial layout of "hydrogen, machinery and electricity", master the core technology, forge the manufacturing capacity, create competitive products, and continue to strengthen the hard power of customer service, and endeavor to be the industry's leading scientific and technological innovative green energy and equipment service provider, and at the same time, to achieve the win-win situation for all parties involved.

About CTW        

CTW is an offshore engineering technology R&D, consulting, service and equipment manufacturing, sales and leasing services company, mainly engaged in the design, supervision and marketing of jack-up and self-propelled offshore mobile platforms, and is one of the three companies in the globe that have the ability to fully design jack-up and self-propelled offshore mobile platforms.