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Business Scope

 

OVERVIEW

We are a leading art finance service provider in China. We provide art finance services under two business segments: (1) art and asset pawn business and (2) art and asset auction business.

According to F&S Report, art finance broadly refers to financial services that use artwork as the underlying financial asset, in personal or institutional financial management, and which transform the values of artwork into financial instrument. Art investment and art financing are the two dominating activities in the art finance market. We are principally engaged in the art pawn loan business (an important art financing channel in China) and art auction (a well-recognised art investment channel in China).

According to F&S Report, in 2015, we were the largest art pawn loan service provider in China in terms of revenue and the second largest art pawn loan service provider in China in terms of the size of the art pawn loan portfolio and registered capital; the second largest art auction house in Jiangsu province in terms of aggregate art auction revenue and the largest auction house for Zisha Artworks in China in terms of Zisha Artwork auction revenue. In 2015, according to the F&S Report, in terms of revenue we had market shares of 0.33% and 0.50% in the PRC pawn loan industry and auction industry respectively.

We are headquartered in Yixing, Jiangsu, which is the only origin of Zisha clay, the major raw material for producing Zisha Artworks. Yixing city is also well known for its production of Zisha Artworks and where some of famous Zisha Artworks masters are based.

(Last updated on 2016/10/26)