Wison Offshore & Marine Ltd. (Wison Offshore & Marine) announced today the commencement of the construction of key modularized components for the Petroleos De Venezuela, S.A.(PDVSA) RPLC refinery project at Wison Offshore & Marine’s Zhoushan Fabrication Yard (The Zhoushan Yard). This project marks the first construction project at Wison Offshore & Marine’s Zhoushan yard, and the official operational launch of the first phase of the yard. The yard is located on Xiushan Island in Zhoushan, Zhejiang province and covers an area of 1.5 million square meters with a coastline of 2,300 meters. Construction on the second phase of the yard is ongoing, and is scheduled to be fully complete and operational in 2015.