Legal analysis: 1. The specific business scope of the consignment bank: consignment and purchasing of brand-name jewelry, watches, purses, high-grade handicrafts, second-hand luxury goods, paintings and calligraphy. At present, the consignment industry is a new industry that has gradually developed in China in recent years. With the improvement of people's awareness of financial management, there is an increasing demand for idle goods, especially high-end luxury goods.

2. Consignment bank used to be an industry subject to special administrative examination and approval, just like the hotel industry and printing industry now. However, with the needs of social development, consignment banks canceled the special administrative examination and approval procedures in previous years. The state's supervision of the consignment industry is also relatively loose. In addition, "consignment bank" is not a disguised formulation of "pawnshop", and there are essential differences between them.

3. Consignment bank means that the consignor entrusts the consignment bank to sell on his behalf, and both parties sign relevant service agreements. According to the agreement, the consignment bank has no ownership of the goods, only the management right of the goods during the consignment period, that is, the ownership of the goods has not been transferred. The consignment bank only charges a certain service fee after the goods are sold. No buyouts, no on-site loans.

Legal basis: Article 58 of the Measures for the Administration of Pawnshops in People's Republic of China (PRC) * * * or an extension institution that illegally establishes or otherwise illegally engages in pawn business shall be punished in accordance with the Measures of People's Republic of China (PRC) Municipality on Investigating and Banning Unlicensed Business in the State Council.