OREANDA-NEWS. December 19, 2011. Langjing Electronic Equipment Leasing Company (the Company) has officially settled in Yuzhong District and become the first foreign-invested electronic equipment leasing limited company in Chongqing.It is said that the Company will conduct leasing business involving LED and other electronic equipment.

It is reported that Langjing (Chongqing) Electronic Equipment Leasing Company is a wholly owned foreign limited corporation invested by Morgan Power Investment Co., Ltd. on British Virgin Islands.Total investment and registered capital of the Company are both USD 5 million. The Company majors in LED screen procurement & leasing of LED screens with self-owned intellectual property right, construction service, LED screen sales, leasing of high-lumen projectors with self-owned intellectual property right, leasing of lighting & sound effect equipment with self-owned intellectual property right, building performance construction stages as well as import & export of electronic equipment, etc.

It is learnt from Chongqing Yuzhong Industrial and Commercial Administration Bureau that, up to now, there are altogether 2 foreign-funded Equity investment fund partnership enterprise in Yuzhong District, with total capital contribution amounting to USD 257, 000,000. The introduction of foreign-funded PE can make contribution to diversifying foreign investment patterns, which will further promote the construction of turning Chongqing into the financial core area of upstream Yangtze River.