Beijing Poly International Auction finished its 2007 spring auction on June 2nd. The total sale of this spring auction was 630 million and 65% was hammered. This is the best result of spring auctions of all auction houses in this year. The total sale of each session is as following, Chinese contemporary ink and water painting 19.7 million Chinese ancient painting and calligraphy 78.77 million Modern and contemporary Chinese art evening sale 248.93 million Modern and contemporary Chinese art day sale 92.79 million Chinese modern painting and calligraphy 103.397 million Chinese painting and calligraphy on fan 5.79 million Chinese ceramics and works of art 73.93 million Beijing Poly 2007 spring auction has broken several auction records again. Wu Guanzhong¡¯s ¡°The Ancient City of Jiaohe¡± was hammered at RMB 40.7 million that has broken the auction record of Mr. Wu Guanzhong, and also broken the record of oil painting sale in mainland China.