Longjie (Hubei) Finance LeaseCo., Ltd.,having got itsbusiness license for nearly two monthstill May 8th, hasby way ofYichang FTZraisedlow-cost foreign capital with a total of US $15 million,so as to provide financial support forits relevant financeand leasebusiness.

　　The company is the result of the cooperation between Hubei Longjie Enterprise Management Co., Ltd. and a Hong Kong company, and the cooperation has opened up overseas financing channels. Earlier this year, the two sides jointly injected 120 million yuan to set up in Yichang FTZthe first local finance leasecompany that formally went into operationin mid-March with a background of foreign capital. (Reporters:Gao Wei, He Guanying, Zhang Silu)