PRESS RELEASE

China Association of Auctioneers Issued Authoritative Data and Index, Beijing Poly Reaped Five Prize

2016-08-29 14:46:49

   August 23rd, 2016 witnessed exciting moments in the inaugural Auction House Ranking Awarding Ceremony. Beijing Poly International Auction has proudly reaped five top prizes, namely Top Ten Auction Houses, Excellent Market Share, Extraordinary Profit Performance, Best Social Contribution; and Overseas Market Pioneering which goes to Poly Auction Hong Kong.

   According to the 2015 Annual Statistical Report on the Auction Market for Cultural Relics and Artworks in China jointly issued by Ministry of Commerce, Ministry of Culture and the State Administration of Cultural Heritage, Poly Auction ranks first in ¡®Payments Receivables¡¯, ¡®Premium Receivables¡¯, ¡®Social Contribution¡¯ ¡®Corporate Income Tax¡¯ and ¡®Total Corporate Tax¡¯

   Thanks to all our friends and clients, Beijing Poly International Auction has run well and lived up to everyone.

   This report was jointly issued by China Association of Auctioneers, with three other governmental partners, academically supported by the Art Market Monitor of ARTRON (AMMA).

   ¡°It is my honor to stand on the podium to be awarded from China Association of Auctioneers,¡± said Mr. Zhao Xu, Executive Director of Poly Auction, ¡°after a span of 12 years, Beijing Poly has grown up to 6 companies across China. I would like to express my gratitude to Yu Ping and his team who have supported us a lot, my thanks also go to friends from different governments£¬ media and peers. The Prizes will inspire us to support China Association of Auctioneers continuously and proactively.