First art asset share news conference of a successful sale in Chengdu City cultural property rights exchanges held in Chengdu. The meeting, exchanges announced a related condition: organized by the Beijing Lanting wind cultural communications limited for sale, the total value of up to 50 million yuan of the Wang Guoxin · friend, art asset share, property exchange registered member April 18 official Chengdu-oriented culture on sale on April 25 and successful conclusion of the sale. It is understood that the Wang Guoxin · friend of poetry and calligraphy art assets, is the first Chengdu after the establishment of cultural assets and equity exchange offering art asset package and value investment channel of Chengdu in the widening works of art and an important attempt to promote the circulation of cultural and artistic products.
The Wang Guoxin · friend of poetry and calligraphy art assets functional package for the famous artist Wang Guo a new boutique, including 56 in traditional Chinese painting, calligraphy 19, total value of $ 50 million. Asset package split into 50 million copies, each worth $ 1. Chengdu Exchange subscription limit is 10,000 copies of registered members to subscribe up to 10% of the total share of investments available for sale to their members ' rights. The asset package offering, its three first in the country: the first collection of poetry, calligraphy, Chinese painting as one of the art asset package; China so far the first largest art asset packages; text issued by the SEHK listing the first Chengdu art asset package.
Chengdu
Chengdu has fried “ art stock ”
The Wang Guoxin · friend, contemporary art asset share investors for sale to their members, marked the small art investors by Chengdu in Chengdu Exchange “ art stock ” the sale. It is understood that the listing of works of art in Chengdu Wang Guoxin asset packages for famous artist Wang Guoxin of the artistic project · of friends, the asset package total value of $ 50 million, is divided into 50 million, HK $ 1 per copy, of which, 40% shares held by the artist and group Bao Fang and 60% available to members by the Chengdu.
After completing the transfer of primary market, the Member may transfer own shares held by the second. The package of assets to survive for a period of three years, three years later, Chengdu exchange the asset package auction, then allocate the proceeds to the holder. Investors buy $ 10,000 at least up to buy $ 3 million. For prevent stir, Chengdu text cross by provisions, as found interest share transfer of average price continuous two week within rise range reached 20% or Trojan three week within rise range reached 20% Shi, will Yu Xia Monday publishing suspended transfer of notice, and will query art original author of related art works in Dang period auction market of auction price situation, and by website external publicity, the publicity as interest share transfer of reference.
There are 10 group
Art asset package be selected
Chengdu Wang Xiaofeng, cultural assets and equity exchange Director told a press conference, art asset share transfer, require contemporary art asset holders and group packages must hold 40% rights shares and the share held by non-circulation shares member investors to enable them benefit-sharing, risk sharing, provide effective protection against the risk of Member investors, greatly improving the trading success. &Amp;ldquo; as art market investments not like stocks, will make you a fortune overnight, also lets you instantly have nothing. &Amp;rdquo; member representatives of Xie Wan said investors themselves have long been very concerned about the art market, since 2000, the Chinese art market will stabilize value-added, leapt to the world's first auction market in China last year, the first time United States, value-added spatial stability of the future.
In addition, after more than a half year investigation and organize expert discussions, Chengdu contemporary art by asset share interim measures for the transfer of business rules and management systems have been completed. Chengdu text Exchange from the design rules, internal audit processes, internal management system set up to strengthen efforts to control the wind, to the protection of investor interests, safeguarding the normal trade order plays a vital role. At present, the contemporary art assets in order to expand the number of packages, package varieties rich assets, reduce supply and demand, Exchange with a number of group Bao Fang in Chengdu made contact, there are 10 or so group to submit a package Bao Fang intentions, strict filtering is working.
"Term explanation"
Share of art trading
Share of art trading is an art investment way to rise in China at the end of 2010, it will be a work of art is divided into several shares, allowing investors to these share transactions on the trading platform. Initial price per share of 1 Yuan, total price divided by 1 to works of art is the art of total shares. The transaction mode is similar to the stock exchange, admission is attract a lot of small and medium investors.
"Related links"
Chengdu contemporary art asset share exchange
Transfer of business 5 featured
1 Select
of the subject-matter, the package of assets; Chengdu Exchange to limit the subject matter of the text in “ contemporary art ” must be contemporary works by living artists, to more effectively control the risk of assets the value of the package, especially the fake, and so on.
2, asset share interests constitute the package
Chengdu text cross by requirements contemporary art assets holds people (painter) and group package party must holding interest share of 40%, and by holds of share for non-circulation share, the share shall not set mortgage, and pledge, third party right, only by exit Shi of auction implementation income, such can will art holds people and group Bao Fang interests bound in assets interest share Shang, implementation they with Member investors of interests shared, and risk total Tan.
3, product life
Chengdu contemporary art asset share exchange period is 3+1+1 years the existence of the product, 3-year basic period, up to 5 years, exit the asset package is to auction, it more in line with the laws of art circulating in the market.
4, transfer mode
At present, Chengdu cross-transfer of the use of counter mode for the time being, in the electronic trading platform being developed.
5, profit realization
Chengdu after the expiry of the art asset share, company earnings will be auction, proceeds priority investors for repayment to the Member.
