The Xuandu Jade Stone Conference this time is Xuanjin's most grand public disk event to date. While its influence may not be as vast as the Country Fei Public Disk, with regards to financial power and the quality of the raw materials, it is still worth a visit for domestic jade enthusiasts.
The Jade Stone Association is hosting the event for four days, divided into two types: open bidding and sealed bidding.
Open bidding is an on-site auction where people gather in the trading hall, and staff members announce raw material numbers for the auction, with the highest bidder winning.
Sealed bidding means that each piece of raw material has its own fixed number. Buyers submit the number of the raw material they choose along with the bidding price into the bid box, without knowing anyone else's bid. During the bid unveiling, the winning bidder and the auction price for each raw material number are announced publicly.