Beijing, May 28, 2026 – The highly anticipated Poly 2026 Spring Art Auction concluded successfully today. Among them, the “Condensing Fat and Containing Jade – Hetian Jade Seed Material Masterpiece Special Session,” which attracted significant attention from collectors, performed remarkably, achieving a total transaction value of RMB 185 million, with a high sell-through rate of 88.5%. This significantly exceeded market expectations, signaling a gradual recovery in the high-end Hetian jade seed material market.

This special session presented a total of 120 carefully selected Hetian jade seed material lots, covering various forms such as raw stones, hand pieces, pendants, and scholar's objects. Data shows that 3 lots fetched prices exceeding RMB 10 million, and 15 lots sold for over RMB 5 million. The overall premium rate reached over 25%, demonstrating strong market demand for high-quality Hetian jade seed material.

Key Lot Transaction Data:

* “Mutton Fat Jade Seed Material Raw Stone · Weighing 2150g”: As the highlight of the session, this mutton fat jade seed material raw stone, with its delicate texture and excellent oiliness, was hammered at RMB 28.5 million, an 18.75% premium over its upper estimate, acquired by a seasoned private collector. Its uncarved natural beauty and rarity made it the highest-priced lot of the entire session.
* “White Jade Seed Material Hand Piece · Fu Shou Shuang Quan (Blessings and Longevity)”: Exquisitely carved by contemporary jade master Wang XX, weighing approximately 350g, its warm jade quality and superb craftsmanship attracted numerous buyers, ultimately selling for RMB 12.8 million, nearly doubling its estimate, showcasing the immense market appeal of master artists' works.
* “Qingbai Jade Seed Material Mountain Ornament · Xishan Fangyou Tu (Visiting Friends in the Mountains)”: This piece, weighing 1200g, featured dense jade quality and antique, elegant carving, eventually selling for RMB 10.5 million, also successfully entering the RMB 10 million club.
* Other lots with transaction prices ranging from RMB 3 million to RMB 8 million, such as the “White Jade Seed Material Pendant · Guanyin” and “Yellow Jade Seed Material Bracelet,” also performed well, with a sell-through rate close to 100%, indicating steady performance in the mid-to-high-end market.

Market Analysis and Trend Prediction:

Li Ming, a senior jade market analyst, pointed out: “The outstanding performance of this Poly Spring Auction's Hetian jade seed material special session sends several clear market signals. Firstly, the scarcity and value-preserving/appreciating attributes of high-end Hetian jade seed material remain the core pursuit of collectors. Amidst economic restructuring and diversified asset allocation, art pieces with cultural attributes and rarity, especially top-tier Hetian jade seed material, are becoming important choices for hedging and wealth inheritance. Secondly, the value of master-level works continues to climb, with a significant 'master effect.' Collectors not only value the jade material itself but also its artistic value and cultural connotations. Finally, market demand for upper-middle quality seed material is strong, with high sell-through rates and stable premiums for these lots, indicating that market confidence is gradually recovering, and the investment and collection groups are becoming more rational and professional.”

Zhang Hua, General Manager of Poly Auction's Chinese Paintings & Calligraphy and Antiques Department, stated: “We are very satisfied with the results of this Hetian jade seed material special session. This is due to our strict selection criteria for lots and our accurate grasp of market trends. In the future, we will continue to deepen our presence in the Hetian jade market, striving to discover more masterpieces with both artistic and collection value, providing collectors with higher quality services and broader collection opportunities. We anticipate that in the next 1-2 years, the Hetian jade seed material market will show a steady upward trend, especially for rare seed materials with unique appearances, master carvings, or historical provenance, whose value will continue to be recognized by the market.”

The success of this Poly Spring Auction has undoubtedly injected a strong boost into the long-sluggish Hetian jade seed material market, heralding the arrival of a healthier and more active collecting era.