As of June 30, 2020, a total of 292 sets of artwork were listed for trade on our
platform -comprising 67 sets of paintings and calligraphies from famous Chinese,
Russian and Mongolian artists, with a total listing value of $28,489,331
(HK$221,100,000); 35 pieces of jewelry with a total listing value of $9,362,437
(HK$72,660,000); 134 pieces of precious stones with a total listing value of
$17,013,710 (HK$132,040,000); 29 pieces of amber with a total listing value of
$12,241,006 (HK$95,000,000); 4 pieces of antique mammoth ivory carvings with a
total listing value of $670,034 (HK$5,200,000); 2 pieces of porcelain pastel
paintings with a total listing value of $335,017 (HK$2,600,000); 7 pieces of
porcelain with a total listing value of $1,095,248 (HK$8,500,000); 6 sets of
Unit+ products with a total listing value of $1,328,987(HK$10,314,000); 1 piece
of Yixing collectable with a listing value of $128,853 (HK$1,000,000); and 7
pieces of Sports memorabilia with a listing value of $1,096,459 (HK$8,509,400),
of which 22.5%-48% (for 67 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 six months ended June 30, 2020, there were 7 new sets of paintings
listed on our platform. Their total listing values were $2,448,201
(HK$19,000,000) for the paintings, of which 22.83-23% (for the paintings) of the
listed values were charged as listing fees.
The listing fee revenue, $557,094, for the six months ended June 30, 2021,
compared to $557,789 for the same period ended June 30, 2020. The listing fee
was charged based on the listing value. Since the total listing value for the
six months ended June 30, 2021, $2,383,498 (HK$18,500,000) for the paintings was
comparable to $2,448,201 (HK$19,000,000) for the same period in 2020, the
listing fee revenue for the six months ended June 30, 2021 was comparable to
that in the same period in 2020.
