Whether it is the "Guarantee Law", or the soon-to-be-implemented "Property Rights Law", as well as the "Fundamental Law" of this industry - the "Pawning Management Measures" - all have corresponding provisions that provide legal basis and guarantees for the business of "warehouse receipt pledge pawning" which pawn companies are worth conducting. This type of business is particularly suitable for small and medium-sized commodity circulation enterprises, effectively alleviating the insufficient working capital caused by inventory problems for such enterprises; it can also provide a source of funds to ensure a certain inventory of market scarce commodities for enterprises. For pawn companies, the hardest part to grasp is the determination of the goods under the warehouse receipt, namely what kind of goods are suitable for pawning, how to consider the market price of the goods, the factors of future fall and rise, the channels for liquidation after absolute pawn, and the legal risks encountered during the operation process. For this reason, China Pawn Alliance Network specially invited Lawyer Wang Peng, Director of the Pawn Legal Affairs Department of Beijing Hanwei Law Firm, to discuss online with various pawn company executives about the legal risks and control of warehouse receipt pledge... To learn more details please log in: