In recent years, with the development of economy and social progress, the word "loan" has gradually entered people's lives, from student loans to mortgage loans, car loans, and even decoration loans recently launched by many decoration companies and banks. "Loan" can be described as ubiquitous. At this time, the cultural industry is not far behind, eager to ignite the enthusiasm of banks. In this context, China art market mortgage service projects also came into being.

At present, art mortgage loan is still a new thing, which brings benefits to enterprises and markets, but also comes with certain risks: 1. Authenticity risk, 2. Valuation risk, 3. Legal risks and 4. Dispose of risks. Ma Weidou, a collector, said: "Art as consumption is the top consumer goods in life, and as investment, it is also the riskiest investment." The collector who has been engaged in the antique industry for more than 20 years is still very optimistic about this emerging business. He said that the narrow financing channels for antique art have always been the bottleneck restricting the development of this market. Once the risk of antique appraisal and evaluation can be effectively resolved, banks will realize that antique art can broaden the financing channels and the market cake will naturally become bigger.

It is reported that Shanghai was selected as the pilot area and Xinchang Art Audit Center was established. The fund is a special fund engaged in art credit business. We signed strategic cooperation agreements with China Construction Bank, Ping An Bank and Citibank, and also signed letters of intent for cooperation in art financing services with many local chambers of commerce in Shanghai, such as the Shanghai Chamber of Commerce for Enterprise Investment.