Updated:
The first Shanghai EXPO assets auction was held on August 18. All the 13 vessels for the opening ceremony went for 1,624,500 RMB in total. This auction has attracted 15 entrepreneurs, 33 individuals and 14 online bidders. The initial bid of all assets is 320,000, and the hammer price is 5 times as much as it.
The reserve price for the lead power ship of the first phalanx-ship No. 001 was 80,000 RMB, and finally went for 360,000 RMB by a manager of rural home inns. The winning bidder of this vessel also got the first powerless vessel for the opening ceremony with the initial price of 8,000 RMB and final price of 280,500 RMB.
There were 3 power ships and 10 powerless ships at this auction. The income of the auction will enter a special account, and accept auditing and oversight for EXPO.
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