China to Auction State-owned Asset by Net for First Time
The Jinqiao Hotel in Tianjin Municipality, which belongs to China Huarong Asset Management Corporation, will be sold by auction on www.guaweb.com, China's famous auction website, at 2:00 pm on June 20, raising the curtain of auctioning State-owned asset by net in China's mainland.
According to Guaweb's CEO Lu Ang, in recent years, to promote the reasonable circulation and reorganization of State-owned assets and realize the resource optimization and economic restructuring, the relevant State-owned asset management corporations have successfully introduced the auction system. The online auction and traditional auction industry can form an organic mutual complementation for the former has many modern advantages, such as the speedy, convenient, open, trans-regional and privacy-protection advantages. And the integration of network high technologies and resources advantages of asset companies will certainly open up a new channel for dealing with the State-owned assets in a reasonable and effective way.
As reported, the Jinqiao Hotel has favorable factors for future added value for it is located at Tianjin's economic center and enjoys convenient communications and a beautiful environment.
The Jinqiao Hotel in Tianjin Municipality, which belongs to China Huarong Asset Management Corporation, will be sold by auction on www.guaweb.com, China's famous auction website, at 2:00 pm on June 20, raising the curtain of auctioning State-owned asset by net in China's mainland.