CHINA ART FINANCIAL HOLDINGS LIMITED is an investment holding company. The Company, along with its subsidiaries, is principally engaged in the art pawn loan business and art auction business. The Company mainly operates through two segments. Art and Asset Pawn segment is engaged in the provision of pawn loans secured by artworks and other assets. Art and Asset Auction segment are engaged in art auction operations including spring auction, autumn auction and online auction. The Company also holds asset auctions for real properties, equity interest and automobiles. Its subsidiaries mainly include Jiangsu Hexin Pawn Company Limited and Jiangsu Hexin Auction Company Limited.
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