Capital Operation Of Longdi Limited -liability Company

Heilongjiang Longdi Limited-liability Company was formed on the initiative of Heilongjiang Longdi Group Company Ltd, Heilongjiang Beifang Group Company Ltd, Heilongjiang Investment Company and Shanxi Textile Product Import & Export Corporation with the approval of Heilongjiang Provincial System Reforming Committee in 3.25/1993. The circulating stocks of Longdi Ltd. were launched into the Shenzhen Stock Exchange in 6.1/1998.As one of the 100 experiemental units for modernized enterprises system in China, chosen by the approval of the state, Longdi Ltd.' economic efficiency is remarkable. Through nearly 10 years developing and three major projects of technoloyical transformation, Longdi Limited-liability Company's net profits have achieved 10% up increase, total share capital increasing by 120 %, and net assets increasing by 350%. Longdi Limited-liability Company posses currently internationally advanced technology and modern equipment. The company has already become a leading company in chamical fibre and textile fields of Heilongjiang Province. In the end of 2001 year, China will join in the WTO, Longdi Limited-liability Company must widly open up the market at home and rank amony the world market as great economic strength.The case descryibes the progress of the Longdi Ltd.'capital operation, and analyses the cause of the high efficient capital operation in order to find out the way that will be suited to our national enterprises' innovation and developing.