Traveling through the sword to engage in military industry.

Chapter 50 Auction (Seeking follow-up reading)

Knowledge is wealth. After some research, Ren Zhong found that auctioning high-value artworks in Hong Kong is the most cost-effective.
Hong Kong is a tax-free paradise, and the tax incentives are so cost-effective that only 0.5% of the auction tax needs to be paid!

Isn't this equivalent to nothing?

Ren Zhong carefully studied the rules of the auction house and found that the foreign devils basically charged 10% of the auction price for ordinary auction items, but they would not charge for artworks with an auction price of more than 4000 million island dollars! It is equivalent to auctioning for free, but of course they will charge the buyer a large sum of money.

For artworks worth more than 1.4 million island dollars, sellers can even get 40% of the buyer’s commission!

There is such a good thing. When Ren Zhong saw the conditions, he decided on the spot that he must go to Hong Kong!
After all this, the money saved would have to be filled in a large sack!

Of course, it is not so easy to ship goods to Hong Kong. According to the new regulations, there is a list of eight types of works restricted from leaving the country, including calligraphy and paintings by deceased artists after 1911. There is no doubt that Ren Zhong's works are on this list, so these calligraphy and paintings will not be allowed to leave the country through normal channels.

If it were someone else, this problem might be extremely difficult, but for Ren Zhong, who has the ability to travel between the two worlds, this is not a big problem.

Two days later, Ren Zhong, who had arranged for a free trip, showed up at a hotel in Hong Kong. In his backpack were scrolls of the five famous paintings.

For others, they might have to swim to get here, but Ren Zhong didn't need to. He simply packed the painting and brought it back to the world of Bright Sword. Then he returned to the main plane and flew to Hong Kong to stay. He then brought it back to the hotel in Hong Kong from the world of Bright Sword. He accomplished the great move of the painting without any commotion.

Simply wearing sunglasses, a little beard, and an artistic youth wig, Ren Zhong appeared outside the Sotheby's auction house in Hong Kong.

There was a huge crowd of people at Pacific Place and several modern skyscrapers were rising from the ground. If it were twenty years ago, this would still be the first city in the Far East, but now, it is already a bit old.

Ren Zhong looked up, turned on the navigation on his phone to confirm that he had found the right place, and took the elevator directly to the auction house on the 5th floor.

"Sir, how can I help you?" The girl at the reception was polite and didn't look down on others.

"Miss, I have a few artworks that I would like to entrust you to auction. I hope to communicate with your company's famous calligraphy and painting appraisal experts about the auction matters. My auction items are conservatively estimated to be worth more than 10 million yuan." Ren Zhong said bluntly.

He checked this auction house and found that it is best to be direct. They don't ask about the origin of the items, but only see whether the items are valuable enough. If your value is hundreds of thousands or millions, you may just be received by a lowest-level account manager.

But when the amount reaches tens of millions, the auction house will not be so careless.

As expected, as soon as Ren Zhong finished speaking, the girl at the front desk picked up the phone and made a call, "Manager Peter, there is a customer at the front desk who claims to have a high-value painting artwork. We need to arrange for a calligraphy and painting appraiser to appraise it. Could you please receive him?"

"Sir, wait a moment. Manager Pete will be here soon to greet you."

Ren nodded, not in a hurry.

In less than two minutes, a young foreigner with golden hair came hurriedly. "Hello, sir, are you offering art for auction?"

"It's me. You must be Manager Pete. I have several mainland Republic of China-era master-level artworks that need to be entrusted to your company for auction. I'd like to trouble you to conduct appraisals and preliminary valuations." Ren Zhong didn't hide anything. Don't be too modest here.

"Please come in, sir!" Hearing Ren Zhong's words, Pete led Ren Zhong to the VIP room more enthusiastically.

He was not afraid of being fooled. In fact, not many people would be stupid enough to come here. As one of the world's top auction houses, Sotheby's also has a world-class team of appraisers.

He is fully aware of the authenticity of mainstream artworks around the world.

"Mr. Ren, after being appraised by our appraisers, the paintings and calligraphy you provided are all authentic works that have never been discovered before. Daqian's tiger and Bai Shi's grasshopper are valued at 5000 million and above. The other three paintings are also valued at 4000 million and above. Therefore, Mr. Ren fully meets our VIP level. If Mr. Ren signs the "Consignment Auction Contract", we will arrange a hotel and temporary bodyguards for Mr. Ren, and all related expenses will be paid by our auction house."

When Pete heard the appraiser's conclusion, he was delighted. This business deal with Ren Zhong basically completed his half-year sales performance. Pete liked this kind of client the most.

"No problem, I accept. Please prepare the Auction Commission Contract." Ren Zhong said without further ado, "As for the commission, it's free for orders over 4000 million, right?"

"Yes, Mr. Ren, the information you know is absolutely correct. If the auction value exceeds 1.6 million, we will also get a 40% share of the buyer's commission." Pete was not surprised at all that Ren Zhong knew some of the company's preferential information. This man alone took out five rare paintings by top masters and had a net worth of over million. It would be strange if he didn't inquire about it in advance.

So Pete doesn't hide anything.

"Is it that a single work of yours is worth over 1.6 million, or is it that the total auction value of multiple works is worth over 1.6 million?" Ren Zhong asked.

For a single piece, Ren Zhong doesn't have much confidence that the number can exceed this, but if several pictures are taken together, it will definitely exceed 2 million.

"For VIP customers, we calculate the preferential policy based on the total value of an auction." Pete said decisively.

This is actually a gray area in the policy, and the main authority lies in the hands of senior account managers like Pete.

Pete is not a fool, and they are not the only auction house in Hong Kong. High-quality auction artworks like Ren Zhong's are basically the highlight here. Each piece can be regarded as the finale of an auction, so they will never allow it to fall into the hands of others!

"Okay, I hope to include this clause in the contract." Ren Dian nodded. He checked the regulations and found that these were vague. As expected, the policies were still in the hands of these receptionists.

With this confirmation, the cost of this auction will be very low, and now I have to consider how to spend the money.

According to the current financial management system, it is impossible to bring so much cash directly back to the mainland after the auction is completed.

Therefore, Ren Zhong had long abandoned such an idea.

The so-called capital behind the scenes that had deceived Zhao Lidong and the others seems to be real after the auction was successfully completed this time!
Hong Kong is a capital market with a high degree of freedom. Ren Zhong plans to set up an investment company in Hong Kong. As for the shareholders, it will become an offshore company. Most of the funds obtained from the auction will be injected into this offshore company and then transferred to the investment company in Hong Kong.

After all this trouble, Ren Zhong now has an investment company that he can control independently. What’s even more interesting is that this company has no direct relationship with Ren Zhong!

In the selection of the offshore company, Ren Zhong's name was replaced by a new English name, and it is impossible to see how much connection it has with Ren Zhong.

Suddenly turn your personal income into a real investment fund!

Second update, please read on!

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(End of this chapter)