Established by the State Intellectual Property Office, the company which is called LCAA for short has an advantage in talents. As the first evaluation institution at the state level for intangible assets, LCAA has accumulated precious experience in the past years' of practice and has established the leading position in the industry in China.

The essential reason for LCAA to be able to lead the industry for years lies in its superb staff, its immediate and sufficient information resources as well as its rich practical experience.

In terms of the superb staff, the evaluation team of LCAA is composed of a group of full-time and part-time professionals specialised in technology, economy and law, who have good theoretical knowledge and are rich in working experience. LCAA specially set up a board of advisors. Distinguished Chinese figures in the field of intellectual property, science and technology and economy are employed as long-term advisors. All employees of LCAA are university graduates or above. Senior specialists account for 30% of the total staff. Apart from having Certified Public Valuators, LCAA attaches importance to building up a team of rational technical structure with emphasis given to the specialities in evaluation of intangible assets.

In terms of immediate and sufficient information resources, LCAA which is backed by the State Intellectual Property Office claims for a huge data base for technological and economic information as well as a nation-wide network for collecting information and providing service, both of which enable LCAA to obtain in time the latest and the most complete information of various sources.

In terms of rich practical experience, the business of LCAA in the past years have covered all areas of intangible assets, including patent, trademark, copy right, Know-how, right to the use of logos and etc.. The evaluation activities of LCAA has become more scientific and more rational with support from the technological and legal professionals of the State Intellectual Property Office and as a result of years' of accumulation of experience by the full-time evaluation staff in various technological fields, under various technological status and for various economic activities, such as reform of shareholding system, re-organisation of enterprises, merger of enterprises, joint venture or co-operation between enterprises, trading of technology, legal procedures on intellectual property, hypothecated loan and etc..LCAA believes that each assignment is a precious treasure.

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