PRESS RELEASE

Beijing Poly, The Most Profitable Auction House this Spring

2009-06-02 14:46:12

Beijing Poly 2009 Spring Auction was successfully held from May 28 ¨C 30 at Beijing Asia Hotel, generated over RMB 0.59 billion turnover, to be listed as the most profitable auction house this spring at mainland China. Within the auctions, the Chinese Artworks Evening Sale was sold for RMB 364 million yuan. More than one thousand buyers participated in the evening sale on 29th that was one of the crowded places in Beijing that night. The most shinning art piece Song Huizong¡¯s ¡°rare birds painted from life¡± was sold to a domestic buyer for RMB 61,710,000 yuan after 45 minutes intensive bidding. Such great success could not be separated from the efforts we spent through.