(On October 26 JiaZi), November 18, 1984 Feile Audio-Visual Company issued the first batch of stock. Feile Audio-Visual Company


Shanghai
located in Wuyi Road, Shanghai Feile Audio-Visual Company initiated the establishment of the Shanghai electro-acoustic Plant operating equipment and contracted of sound facilities such as hotels, theaters, gymnasiums, design, installation works, is a new company accept personal and collective voluntary subscription stock in order to raise funds, officially opened on November 18, 1984. The company commissioned the Securities Department of the Industrial and Commercial Bank of China Shanghai Branch open to the public issue of one million shares of stock and $ 50 per share. Chinese financial institutions for the first time since the end of the "Cultural Revolution" issued stock.
this move even alerted the world securities market, which is also a considerable extent confirmed outside of China is bound to bigger steps toward a market economy, and general promotion of enterprises into stock companies, open securities market forecasts. (L $ dj��.��r��) in this year's National Day, Deng Xiaoping said firmly: "Our main task is to conduct a systematic transformation of the current economic system that hinder our progress. "Later, Deng Xiaoping had a Zhang Fei Yue stock as a gift for visiting U.S. President George W. Bush.