Takung Art Co Ltd (TKAT)

[ALERTS100%to10000%GAIN]

Three Months Ended June 30,
2021 2020
(Unaudited) (Unaudited)
Listing fee revenue $ 283,302 $ 380,846
Commission revenue 648,310 1,188,313
Management fee revenue 211,883 110,006
Total $ 1,143,495 $ 1,679,165




(i) Listing fee revenue


As of June 30, 2021, a total of 299 sets of artwork were listed for trade on our
platform -comprising 74 sets of paintings and calligraphies from famous Chinese,
Russian and Mongolian artists, with a total listing value of $31,900,228
(HK$247,600,000); 35 pieces of jewelry with a total listing value of
$9,361,351(HK$72,660,000); 134 pieces of precious stones with a total listing
value of $17,011,737 (HK$132,040,000); 29 pieces of amber with a total listing
value of $12,239,587 (HK$95,000,000); 4 pieces of antique mammoth ivory carvings
with a total listing value of $669,956 (HK$5,200,000); 2 pieces of porcelain
pastel paintings with a total listing value of $334,978 (HK$2,600,000); 7 pieces
of porcelain with a total listing value of $1,095,121(HK$8,500,000); 6 sets of
Unit+ products with a total listing value of $1,328,833 (HK$10,314,000); 1 piece
of Yixing collectable with a listing value of $128,838 (HK$1,000,000); and 7
pieces of Sports memorabilia with a listing value of $1,096,332 (HK$8,509,400),
of which 22%-48% (for 74 sets of paintings), 24%-48.5% (for the 134 pieces of
precious stones), 29%-48% (for the 35 pieces of jewelry), 47%-48.5% (for 4 piece
of antique mammoth ivory carvings), 32%-48% (for the 29 pieces of amber),
45%-46% (for the 2 pieces of porcelain pastel paintings), 25%-48% (for the 7
pieces of porcelain), 30.25%-45% (for the 6 sets of Unit+ products), 45% (1
piece of Yixing collectable) and 45% (for the 7 pieces of Sports memorabilia) of
the listed values were charged as listing fees, respectively.

During the three months ended June 30, 2021, there was 1 new set of painting
listed on our platform. The total listing value was $1,288,376 (HK$10,000,000)
for the painting, of which 22% (for the painting) of the listed value was
charged as the listing fee.