introduction
Cai Mingchao, born in Jinjiang, Quanzhou, Fujian Province, is a collector and entrepreneur. He is famous for bringing back the cultural relics lost in the Mainland Yuanmingyuan at foreign auctions and returning them to the country free of charge, but also because of the national cultural relics obtained at auction, he chose to pay the bills and received a lot of insults, resulting in the final choice to withdraw from the auction world. Despite the patriotic zeal, the necessary business rules must be observed.

First, love to play with literature and like to collect cultural relics
In the early days, Cai Mingchao was in the clothing business, and made a fortune from this industry, and after having a certain economic foundation, he liked to play with literature, and over time it became a hobby of his own. Therefore, he always looked for the literary play he was interested in to collect, and later because he liked cultural relics very much and had rich business skills, he opened an auction company.
"Love is the best teacher", soon Cai Mingchao has made certain achievements in the collection and auction of cultural relics. Since then, the collection and auction of cultural relics have gradually become the focus of Cai Mingchao's work, and the company has become better and better. Not only does it satisfy Cai Mingchao's hobbies, but also his career is thriving.
With the contact with this industry for a longer and longer time, Cai Mingchao's understanding of cultural relics is also more and more, and he can understand more and more about some of the characteristics of this industry. Later, Cai Mingchao began to focus on some of the collections that our country had lost abroad, and our Chinese nation has countless magnificent treasures over the years, but because of the war, it was invaded by some countries, and a large number of cultural relics were taken away and lost and scattered in various places. So Cai Mingchao began to search for Chinese treasures.
Second, bid on Buddha statues and animal heads, famous in the world
As early as an auction in Hong Kong, a "gilded statue of Shakyamuni" attracted the attention of Cai Mingchao, a cultural relic of the Ming Dynasty on the mainland and lost overseas due to war. Cai Mingchao also participated in the auction, which attracted the attention of professionals at home and abroad, all of whom wanted to get this exquisitely crafted collection. After a psychological war, Cai Mingchao finally successfully bid for 120 million Hong Kong dollars, which set several records and gave high evaluations by professionals.
The day after the auction, someone tried to buy it back at a high price, but Cai Mingchao refused, believing that it was a national treasure lost from the mainland to be taken home. This move was praised by the Chinese people and proved to the world that China has embarked on a prosperous journey.
I believe everyone knows that the Anglo-French war of aggression against China destroyed the Yuanmingyuan, resulting in the loss of some of the heads of the zodiac beasts on the mainland. But later, I learned that our "rabbit head" and "rat head" in China were auctioned off, and the cultural relics that were originally plundered away are now going to be bought back at a huge price, which makes Chinese extremely sad and indignant, which is a humiliating history of our country and has extraordinary significance for our Chinese nation.
However, Cai Mingchao is no exception, and Cai Mingchao, who knows this news, has become his greatest wish at that time to help the country get back what belongs to us. The auction was held as scheduled, and with the mood of having to win, Cai Mingchao successfully auctioned the two missing cultural relics of "Rabbit Head" and "Rat Head" for a huge amount of 31 million euros (270 million yuan at the 2009 exchange rate) and handed them to the state free of charge.
For this reason, Cai Mingchao has been unanimously praised by domestic and foreign professionals, and the country is also very happy about the return of cultural relics, and major news newspapers and periodicals have published this incident, which has been recognized by many people.
Third, set off a storm of bad debts and withdraw from the auction industry
According to the rules of the auction house, it is not necessary to pay for the goods immediately after obtaining the cultural relics, and there is a week of preparation time. But a week after the auction got the "rabbit head" and "rat head", Cai Mingchao still did not pay, so the matter was announced. Cai Mingchao replied that as a Chinese, I can't stand idly by when I encounter this kind of thing, and this cultural relic originally belongs to China, so I will not pay this money.
After the news spread, many people were stunned, after all, this is a serious act of untrustworthiness, some people support and some people oppose. Proponents argue that this is something that is originally Chinese and should be returned to China without repayment; while opponents believe that this is an act that damages China's image and spreads a bad image of China that does not pay attention to credit.
The two views are opposed and debated endlessly, and Cai Mingchao's life trajectory has thus undergone an irreversible situation. Because of this incident, the company he has been running for many years is facing bankruptcy, and his life has fallen to the bottom once.
Due to the spread of public opinion, it eventually became an international event, and after a long period of consultation, France finally decided to return the two cultural relics to China free of charge. Affected by this incident, Cai Mingchao also decided to quit the auction industry, saying that he would no longer meddle in the affairs of this industry in the future, and finally public opinion slowly stopped spreading, and people gradually forgot about this matter.
epilogue
For Cai Mingchao's affairs, everyone has different opinions, Cai Mingchao is out of patriotism, defending the dignity of the country, from this point of view, it is worth learning. But from a business point of view, this is a dishonest behavior, it is not advisable, so it is still necessary to follow the industry rules of your own industry. His patriotism deserves to be affirmed, but the untrustworthy behavior should be denied, and we should take its essence, discard its dross, and carefully consider all aspects of the problem.