Minpin pawnshops are the main business of the traditional pawn industry, and is the basis for the development of the pawn industry. The authentication and evaluation of watches has become one of the main operating businesses for minpin pawnshops. The professional requirements for pawnshop staff to authenticate and evaluate watches are very high, requiring authenticators to fully understand the brand, series, style, and price range of watches. The China Pawn Alliance website specially hosted the first online discussion session for pawn experts — "The Authentication of Watches," inviting Mr. Zhou Xinmeng, Vice President of Jiangsu Renping Pawn Shop, to discuss this topic online with everyone.