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The Equity Auction Company of Hebei Province

Tangshan, , China

Services Products - Manufacturer, Services,
Proprietorship Firm Since 2000

Gongchon Auction Company Ltd. Has been examined and approved by the Industry and Commerce Administration Bureau of Hebei Province in 2000, according to the "Company Law of the People`s Republic of China" and "the Auction Law of the People`s Republic of China."
Address:№ 100 North Jianshe Road, Tangshan, Hebei Province, China.
Registered №:1300001001626

Management Scope : Auctioning article or property right which was prosessed prorietary rights or management right by the natual person, legal person or other organization according to the law.

Gongchon Auction Company Ltd. Is established in July, 2000, when the reformation of the economical structure of China come into the period of transformation in essence to construct the market economical system completely.90% of the original state or collective enterprises have been going on the property right reconstruction according to modern enterprises mode as international practice.The state or collective enterprises part withdrew from the enterprises, then the registered funds are composed of the legal person or natural person after the reformation.Under this environment, all the financial institutions are still state enterprises, but the manage mode has cast off the way of arranging loan plan by the Governmental administration during the period of the planning time.In order to meet with the WTO, every bank have been going on fund operation regarding market as guidance. Having formed and accumulated a great quantity burden of inadvisable properties, i.E. Original state debt during the planning time, including land, factory building, equipment and share right, They need entrust the auction company to sell the inadvisible properties in open auction to recall bank capital as cash according to state policy.All of these give auction trades a good chance to extend our business and realize enterprise development.We observe that price of the productive factors in domestic market are much lower than price of similar among international market, and we believe that the phenomenon of price in the market deviating from actural values can be eliminated quickly in the five-year protective time after China take part in the WTO.During this period, it gives investors, especially investors from oversea a profitable chance accurring only once in a thousand years.We hope that through cooperation with partners from oversea we can absorb foreign capital to China, and we can develop ourself during services.

Products :
Our company has been examined and approved by the Industry and Commerce Administration Bureau of Hebei Province in 2000. It is a share system-auction enterprise in Tangshan City.The management range from visible property as real estates, big factory, land to invisible property as property right of enterprise etc.(The manager must have property right or handling right.) China will contribute more to global efforts to protect the ozone layer by developing and producing substitutes for the ozone depleting substance (ODS), which is widely used in munufacturing. Vehicle Real Estate Equipment Merchandise Household Painting Antique Stocks Office Supplies Furniture Pottery Communications Computer Others China to produce more ODS substitutes China will contribute more to global efforts to protect the ozone layer by developing and producing substitutes for the ozone depleting substance (ODS), which is widely used in munufacturing. On Saturday China's State Environmental Protection Administration (SEPA) opened the Industrial Park for Implementation of International Environmental Conventions, which will house about a dozen producers of substitutes for ODS within two years. It is the first such park in the world, SEPA Director Xie Zhenhua says, adding that the country must take measures to rapidly phase out ODS. China ratified the Montreal Protocol on Substances That Deplete the Ozone Layer in 1991, which aimed to eventually halt the use of ODSs such as chlorofluorocarbon (CFC) and halon. China has been phasing-out ODS since then, and has decided to completely ban the production and consumption of ODS by 2010, Xie says. However, China has made little progress in the production of ODS substitutes and still depends on imports of ODS substitutes. The SEPA official attributed the low level of domestically-made ODS substitutes to an executive committee of the Montreal Protocol Multilateral Fund, which has failed to support developing countries in the past decade in developing substitute technology and products while phasing out ODS. Urged by the Chinese government, the committee later allowed China to use part of its grant to develop ODS substitute technology and products, Xie says. One third of the 336 million US dollars MLF grant will be used to support the construction of new enterprises for substitute production. The industrial park is located in Langfang Development Zone which is southeast of Beijing. The park will be given 60 million dollars of the MLF grant, about half of the total investment, to produce substitutes for halon, CFC, solvent and vesicant.

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Contact Info

Ms. Xuan Liru

The Equity Auction Company of Hebei Province

100 North Jianshe Road,
Tangshan City ,Hebei Province,
Tangshan - 063000 () China

Phone(s) : +86-315-2055080
Mobile :
Fax : +86-315-2055082


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