Business scope:

General auction house: excluding cultural relics auction business: operating auction business (operating with license, excluding confiscated goods and materials, cultural relics and other items prohibited or restricted by the state);To conduct auction of various assets on trust;Auction of tangible and intangible assets and works of art;Information consulting services.

Auction house of cultural relics: including auction of cultural relics business scope: operating auction business (including auction of cultural relics, operating with license);To conduct auction of various assets on trust;Auction of tangible and intangible assets and works of art;Information consulting services.

Licence value:

1. Policy support: the issuance of the new auction management measures provides decisive guarantee for the standardization of the auction market.

2. Market demand: there are no specific trading rules in the private art market in China, and collectors need platforms like auction houses to provide fair and open trading mode for the art market, so as to ensure their trading security.

Two-way commission mode: according to the auction law of the People's Republic of China, if the trustee and the auctioneer do not make an agreement, the auctioneer can charge the trustee and the buyer "two-way fee", and charge the commission not exceeding 5% of the auction price.

Application requirements:

1. Registered capital: registered capital of more than 1 million yuan, and registered capital of cultural relics auction is more than 10 million yuan.

2. Personnel: the establishment of an auction house requires three auction practitioners, at least one of whom is an auctioneer;The operation of cultural relics auction also needs 5 cultural relics auction professionals.

3. The applicant shall have its own name, organization and articles of association.There are auction business rules in line with laws, administrative regulations and these measures.

4. Business premises: there is a fixed office space in the area where the auction house is set up, with a floor area of no less than 200 square meters (no less than 150 square meters in the area with the provincial public resources auction center), and the certificate of ownership of the fixed office space or a lease contract with a lease term of more than one year shall be provided.