Since that time I have been very fortunate to have conducted 100's of auctions.So at this time I would like to share with you some 10-year observations about the auction business as well as some advice to our seniors.
The services of SICA are centered on our clients and aim for exceeding their expectations.
We implement rigorously the Auction Law of China and other related regulations while expanding the business. The historic building of 3,000 square meters can hold up to 400 people for an auction.
Starting from a small group of people, we continue to dedicate ourselves to improving management, innovation, business development, talents acquisition, and have been keeping growing over 30 years.
We are specialized in judicial foreclosure, disposal of public assets, corporate liquidation, state land leasing and disposal of non-performing assets of financial institutions, covering tangible assets, land and real estates, fine art, equity, intangible assets, etc.
Over the past three decades, SICA held over 3,300 auctions with a sales turnover of more than RMB 130 billion yuan.
For an annual breakdown over the recent years, the turnover was 8.515 billion yuan in 2012, 11.92 billion yuan in 2013, 8.863 billion yuan in 2014, 11.59 billion yuan in 2015, 15.02 billion yuan in 2016, 16.356 billion yuan in 2017 and 16.611 billion yuan in 2018.
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