Reporters learned from the East China Forestry Exchange, recently Huadong Forestry Exchange Chinese rosewood collection center officially started, Yiwu Market traditional mahogany collectibles business combination of Internet and financial, to create a new model of physical asset securitization.

It is reported that East China Forestry Exchange Chinese rosewood collection center through innovation to create kind of asset securitization model, mahogany collections in Internet trading platform, the formation of an open and transparent market environment. Yiwu Wholesale Market And through unified appraisal standards, commissioned a number of third party authority, the listed holding material quality, technology, visibility conduct appraisal to ensure that transactions collectibles fidelity.

Director of Zhejiang Province Wang Junxi price certification center, said the use of "Internet + mahogany Favorites + finance" model, on the one hand help to enhance the overall value of mahogany collection, Yiwu City on the other hand through the supply chain finance solutions on the mahogany industry financing guarantee downstream business problems, promote Redwood industrial upgrading and transformation of the scale of development. The collection transaction process how to ensure the safety of funds? Construction Bank Zhejiang Branch Vice President Chen Genhai said traders trading platform in the process of collection, bank funds by a third party depository and settlement.

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