About 100 tonnes of Cyami crocodiles have been placed by a Chinese court for the initial price of Rs 4.7 crore (four million yuan) for auction, which is with a warning. The auction has been officially launched on March 10 and is expected to continue by May 9, potential buyers informed that they would personally choose reptiles and cover all costs, including weight, loading and transportation, according to a report, according to a report, according to a report, according to a report. South China Morning Post.
Buyers should also keep an artificial requirement license for aquatic wildlife under the crocodile category and have the facilities and transport capabilities necessary to handle such a large consignment.
According to the final update, more than 4,000 people saw the auction page on Alibaba’s judicial auction stage, but no one had registered to participate in it. In particular, the crocodiles were owned by the Guangdong Hongi Crocodile Industry Company for the auction, which was established in 2005 by Mo Zunarong.
Once called “crocodile God”, Mo had to let the reptiles go after failing to fulfill his company financial obligations, inspiring the court to try to liquid the property, including crocodiles.
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Crocodile farm
Crocodiles are reared in China for their skin and meat, which are used in traditional medicine, cosmetics, leather goods, and even alcohol. The Siamese crocodile species has been in China’s list of wild animals, which can be commercially cultivated and traded since 2003.
The decision to auction crocodiles by the Shenzhen Nashan People’s Court comes under the backdrop of previous efforts that do not give the desired results. In January and February, the court held two auctions with a high auction price, but failed both incidents.
The unusual auction has attracted wide public attention to Chinese social media platforms, with many questions on the practicality of the whole practice.
“It’s very scary. I wonder who will really buy them?” One user said, while the other joked: “This is not for a normal person. You will need an entire industry to handle them.”
In November last year, 70 crocodiles participated from a commercial farm in the city of Maaming in Gwangdong province, as the region received heavy rains. In images and videos that went viral on social media, many animals were shown lying on the road.
