Zhao Dehua is currently the General Manager of Chenghuang Jewellery and Vice President of China Gems & Jade Association. He has been in the jewellery industry for a long time and is already considered an "old master" in the jade industry. In 2009, while the sales of various collectibles were sluggish, there was no such phenomenon in the jade sales of Chenghuang Jewellery, which serves as the industry's bellwether; instead, prices even saw a slight increase. Regarding this, Zhao Dehua stated in a special interview with Financial Weekly that white jade prices are now stabilizing and will see price increases in the second half of the year, and at the latest, not beyond next year.
In the Shanghai Chenghuang Jewellery Collection, there is a piece weighing 161 grams, shaped like a peach, with a red-brown skin and white jade seed material. Its market value was 40,000 yuan in 2004, 98,000 yuan in 2005, and 198,000 yuan in 2006... Prices have been rising year after year, attracting countless inquiries and potential buyers. However, Zhao Dehua, the head of Chenghuang Jewellery, has been reluctant to sell it. At the beginning of 2009, an old customer repeatedly expressed interest in purchasing this piece of white jade seed material, and both parties agreed on a price around 400,000 yuan. This put him in a difficult position because once this rare seed material was sold, consumers of Chenghuang might never see it again, and prices would continue to rise.