Yangon, a beautiful coastal city with tropical scenery and the capital of Myanmar, is where the special jewellery fair was held. ∑, ←.23x.co The urban area of Yangon is surrounded by water on three sides, with the Bago River to the east, the Yangon River to the south, and the Lai River, one of the Irrawaddy rivers that flow into the Haihan River, to the west.

As soon as you get off the plane, you can feel the spring light. Under the blue sky, flowers bloom, the weather is cool, and the breeze is blowing, which is the most pleasant. In Erfeng County, the temperature is already relatively low, and after a while, it may snow. But in Yangon, you sweat when you wear both clothes.

"It's so comfortable here." As soon as Han Sumei walked out of the airport, she couldn't wait to take off her coat, women, especially beautiful women, always like to be the center of attention.

"The climate is great and the whole city is like a garden. But the traffic and architecture look like they were decades ago. Li Zhi said that the buses and taxis here are worse than those in Erfeng County, and it seems that only twenty or thirty years ago in the county seat existed.

"This is because of the long lockdown in the West. We've already booked a room at the Sidona Hotel, so let's stay first. Mo Zhenjun said that Sidona is the best five-star hotel in Yangon, and if he hadn't booked a room a month in advance, I'm afraid it would be impossible to find a better place now. There are only a few high-end hotels in Yangon, and at least 2,000 mainland jewelers came to participate in the special Myanmar jewelry fair.

Although the industry comes to Myanmar, it is said that the jade public market conference, the name of the public market and the number of jade jade wool are different. Among them, there are three main names of the public market: Myanmar Jewelry Fair: It has been held since 1964 and is held in March every year. The jadeite and jade wool that participates in the public market each year accounts for about 40% of the total annual mining volume in Myanmar.

Myanmar Annual Mid-Year Jewellery Fair: Held in 1992, it is held every year in November. The jadeite and jade wool that participates in the public market each year accounts for about 40% of the total annual mining volume in Myanmar.

Myanmar Jewellery Special Fair: Held in 1995, it is organized by Myanmar's large state-owned jewellery companies and selected to be held irregularly in January or June every year. It is an important supplementary form of the above two types of public auctions, which are supervised by the government. This kind of jadeite and jade wool accounts for about 20% of the total annual mining volume in Myanmar. This time Yu Lifei participated. It's a special jewelry fair.

"Lifei, this is a bidding manual, tomorrow is the time to see the bid, you hurry up and take a look, and go to see the bid together tomorrow." After Mo Zhenjun had eaten, he sent a bidding manual to Yu Lifei's room. The manual details the matters needing attention in the bidding, the number of the bidding items, the type of bidding (open or covert), the quantity and reserve price, and the bidding time. They came to Yangon for public business, and they didn't have the heart to visit the beautiful Yangon.

Bidders must browse the jadeite and jade wool participating in the public auction within the first three days after the opening of the public market, and this process is called the bidding auction. Bidders determine their bidding objects and bidding prices, and fill in the bidding bids. Prepare for the official bidding on the tender day, and the bidding order will be provided on-site at the Jewellery Trading Center.

"It's fine." Yu Lifei took over the bidding manual, and this time he had to remember all the jade and jade wool numbers, prices, quantities, and bidding times in advance. Only in this way can you bet the most wool in the shortest possible time.

"County Magistrate Yu, Han Sumei and Song Xiaofei want to go out for a walk and buy some local specialties." Because Mo Zhenjun didn't expect Li Zhi to come, there were not many room reservations, so Yu Lifei and Li Zhi were crowded in one room.

"You go with them, remember to come back early." Yu Lifei said. He had to write down all the numbers and reserve prices tonight. At least a third of the time to remember that he only had three days to see the bid, and he had to compare the wool of each piece with the reserve price. If the price of the jadeite in the wool is much lower than the reserve price, there is no need for him to bid at all. He only has 100 million dollars in his hands. In exchange for euros, it is only 10 million, and the wool that can be won is very limited.

As soon as Li Zhi left, Yu Lifei locked the door and sat cross-legged on the bed. Transporting Gu Yugong, he concentrated on looking at this bidding manual. If Li Zhi was still in the room at this time, he would definitely be very surprised. Because Yu Lifei's whole body was emitted with a layer of white light. And when he looked at the bidding manual, it would take a few minutes to turn the page at first, after all, it was full of numbers and numbers, and there were no rules, so it was very difficult to remember. But as time went by, Yu Lifei turned up faster and faster, and in the end, his eyes were like a scanner, and he only needed a few glances to map the content of the manual to his brain.

In this special trade fair of Myanmar jewelry and jade, a total of 9,272 jade wool materials were exhibited. Among them, 8,948 are hidden and 324 are explicitly marked. The so-called hidden bidding means that the bidder fills in the number of the bidder, the name of the bidder, the number of the bidder and the bidding price approved by the organizing committee on the bidding form, and puts it into the standard box marked with the number of the bidder. Because the bidders do not know the bidding items and bidding prices of their respective bids, it is called "hidden bidding".

When the bid is unveiled, the winning bidder and the bidding price are publicly announced according to the number of the bidder, and the one with the highest price is finally awarded. This is a time when the bidder's courage is very considered, and when you encounter a favorite wool, you can only mark the highest psychological price. The jadeite and jade wool of each public plate accounts for more than 80% of the hidden mark. This time, the secret mark accounted for more than 95 percent.

And the clear bid is the live auction. Bidders are all concentrated in the trading hall, and the public market staff will bid on the spot for each bid number, and the bidders will take turns bidding on the spot, and whoever shows the highest bid price will win the bid. The jadeite and jade wool of each public market is generally not more than 20%, and this special jewelry fair, the clear mark is only 5%.

For the public market, the hidden bid is much more cost-effective than the open bid, especially those wool materials with good tables, and the final bidding price will be much higher than the market price. According to this trend, in the future, only those wool materials that are particularly good will be used for clear labeling.

After reading the bidding manual, Yu Lifei looked at the time, and only an hour had passed. After he finished his work, he flipped through the bidding instructions, and he had memorized all the contents on it. He knew that Mo Zhenjun should also be reading the bidding manual, and was about to chat with him, but there was a knock at the door. Yu Lifei opened the door and saw that it was Mo Zhenjun.

"Brother Mo, I was about to look for you." Yu Lifei said with a smile.

"Something?" When Mo Zhenjun was eating, he came across a lot of lines. For example, Wei Boxing in Beijing, Duan Xipu in Shanghai, and He Longtu in Guangdong Province. Now the medium and high-end wool materials are becoming more and more tight, and the major jewelers in the country have a large demand for wool. The bigger the jeweler, the more mid-to-high-end wool is needed. Even if they don't need it now, they can hoard it. Some wool materials seem to be sky-high prices now, but in a few years, they may be picking up the missing price.

"Nothing, just wanted to talk to you." Yu Lifei said that it was his first time to participate in the jewelry trade conference, and there were some situations that he still needed to learn from Mo Zhenjun. At least he had to understand the process of wool trading, as well as the process of public trading.

"It's your first time participating in the public conference, and you must not be familiar with the situation here. In fact, the process is also very simple, first look at the bid for three days, then cast the dark bid in sections, announce the winning bid results the next day, and then cast the dark bid, until all the hidden bids are all voted. After the end of the secret bidding, the on-site bidding will be carried out immediately, and the results will be announced on the spot. Mo Zhenjun said that the process is very simple, and the important thing is the bidding of the hidden bid, which is very important. But in this regard, Yu Lifei is not proficient, but he has a very good opinion on wool, and what he needs is Yu Lifei's luck and eyesight.

"It's easy to fill in the numbers on the bidding list, but it takes strength to cash in." Yu Lifei said that when some people cast dark bids, they only have one million, but they may vote three million. In general, they can't win all of them. But if you really win all the bids, it will be a troublesome thing.

"After the end of all bidding activities, the winning bidder and the organizing committee sign the "winning contract", if the winning bidder pays the winning bid price on the spot, the organizing committee will handle customs clearance, transportation procedures or sales and processing certificates for it free of charge. If the winning bidder fails to pay the winning bid price on the spot, it will only sign the "Winning Contract" with the Organizing Committee, and does not need to pay any deposit, but the winning bidder must remit the winning bid money to the Myanmar bank account designated by the Organizing Committee within three months, and the Organizing Committee will handle customs clearance, transportation and other matters free of charge for it. The winning bidder can also separately invest in a professional freight company to transport or take it away. Mo Zhenjun said.

"In other words, after we win the bid, there is a three-month buffer time?" Yu Lifei's eyes lit up, if this is the case, the 100 million funds in his hand can be used as 300 million, or even 500 million.

"Lifei, don't think about the time difference. I know you're lucky, but if you don't buy good wool and you run away from bidding, you'll be banned from 10 public meetings. If you evade the bid twice in a row, you may be banned from participating in the public meeting forever. Mo Zhenjun said that Yu Lifei was not invited this time, but he proposed it to the Myanmar Jewelry Association, and only then did he temporarily add Yu Lifei as a guest. After all, Yu Lifei has a great reputation in the gambling stone industry, and this time the wool purchase of Erfeng Jade Investment Co., Ltd. was also purchased in the name of Yu Lifei.

"Brother Mo, don't worry, I know it in my heart." Yu Lifei said that he could buy 100 million wool first, and then transport the remaining wool back after returning the funds after returning the funds. (To be continued!)

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