Mr. Zhang Tao (Partner) advised COIC on its restructuring to a limited liability company in accordance with the PRC Company Law. COIC (China Offshore Industrial Corporation)was established with the approval of the State Council of the PRC in 1982 and wholly owned by CSIC (China Shipbuilding Industry Corporation)now. COIC is famous in the fields of manufacturing and exporting offshore projects, including drilling rigs, platforms and modules, FPSO, offshore support ships and large steel structures.