Hantang Artworks Exchange (hereinafter referred to as “Hantang”) was established in March 2011, but suspended trading in the same year. It was then rectified and restructured by China National Culture & Art Co., Ltd. (a joint-stock company indirectly controlled by the Ministry of Culture of the People’s Republic of China) and Beijing Orient Cultural Assets Management Co., Ltd. (a company owned by the whole people, and the contributor appointed by Dongcheng District People's Government of Beijing Municipality). Afterwards, as approved and reserved by the inter-ministerial joint meeting of ministries and commissions under the State Council (including the Publicity Department of the Communist Party of China and China Securities Regulatory Commission), Hantang has become an all-category artworks exchange specializing in Internet finance business following the procedures for newly-established exchanges in Beijing.
Through thorough rectification and complete restructuring, Hantang has finished the SOE-oriented mixed ownership restructuring and formed a management team that advances with times. Members of the team are nominated by the locally and internationally renowned China National Culture& Arts Co., Ltd. which boasts 20-year experience in marketing various kinds of cultural and artistic works, and then selected through competition.
By May 18, 2017, Hantang has issued 82 artwork stocks, including 49 main board listed ones, 26 crowdfunding ones, and 7 exquisite ancient coin ones, with a total market valuation of RMB4.3 billion. It has altogether 360,000 shareholder members and 9,822 broker members.
With key supports and frequent reports from the central-level media such as the magazines of National Humanity History and People Vision directly controlled by the People’s Daily, and the Music Life controlled by the Ministry of Culture of the People’s Republic of China, Hantang can be made known to every household and individual. Meanwhile, Hantang has entrusted Dentons Law Office with the year-long legal advisory services as an independent third-party institution, to control and regulate the risks of business conducted on the platform in an all-rounded manner.
After successfully distributing the stamp, coin and card products, the ancient coin collections and art jewelry, Hantang will constantly launch various kinds of asset packages including painting, and the asset packages of cultural and creative industry including art performance, film and TV and copyright, with special efforts in the launch and distribution of raw materials of artworks, for example, Xuan paper.
Hantang has developed in-depth cooperation with the Fine Art Society of South Korea, the Stamp Dealers Association of South Korea, the music producer association K-note, the Internet Media Producer Association and Woori Bank of South Korea. These strong players from China and South Korea join hands in the industry of Internet+ finance + cultural and artistic works, filling the gap in Internet + financial trading platform for cultural and artistic works, especially stamp, coin and card in South Korea.
Depending on its unique shareholder structure, management and operation mechanisms, Hantang is able to maintain a stable team, sustaining policies and long-lasting capacity for honoring agreements. It will strive to come out among the best in the industry and build a trillion-level trading platform in the following two years.
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