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Bidding Process & Arrangement

Bidding Process

Our bidding opportunity is open to all the buyers around the world who are interested in buying from us. If you want to participate in our bidding process, please follow the following steps:

1. Customer Registration

Please send all the information required in the Customer Registration webpage, with subject of Bidder Registration to wholesale@gyhk.com for customer registration. (Registered customers can skip this step and move to step 2).

2. Contacted by Your Assigned Sales Representative

After the registration, your assigned sales representative will contact you by Email, instant communication or phone during our office hours to: (1) Notify you of your customer number (2) Follow up your enquiries about sales (3) Assist you throughout the whole bidding and deal process.

3. View Bidding List

Bidding lists are updated in the evening of every Sunday, Tuesday and Thursday in Hong Kong Time, one day ahead of scheduled bid dates, in which bid deadline is specified. Visit Bidding List webpage, follow us at WeChat public account GY-Eng or add gyhk-eng to your WeChat contact list to view bidding list on your smartphone or tablet anytime, anywhere.

4. Quality Inspection

Local Buyers generally come to our Hong Kong office for onsite quality inspection. Overseas buyers can assign your assigned sales representative to inspect stocks for you.

5. Fill in Bid Form

Local Buyers generally come to our Hong Kong office to bid onsite. Overseas buyers can assign their assigned sales representative who will bid on behalf of you. All sections of the bid form need to be completed, such as customer name, customer No, your assigned sales representative, brand, model, quantity and unit bid price. The bidder with the highest bid wins. If two or more bidders offer the same highest bid, they will bid for the second round and then the bidder with the highest bid will win.

Form Type Product Operation
Used Mobile Phone Bid Form Used Mobile Phone Download
14-Day Mobile Phone Bid Form Brand New/Nearly New/14-Day Mobile Phone, Handset, Main Board, Tablet, Computer, Laptop, Accessories, Network Card and Router Download


6. Bid Result Announcement

Once the deadline is reached, we will begin to review the bids. Bid result is made by each model and generally announced one hour after deadline. The customer number of each winner of used mobile phone auction will be posted outside our office door at 5/F, and the 14 days mobile phones and all the other stocks at 7/F. Your assigned sales representative will also notify you if you win. You can also call your assigned sales representative if you want to know the result as soon as the deals are confirmed or for any queries on bid result.

7. Payment and Delivery

Our payment term is cash and T/T in USD and HKD only. Receipt must be provided before the next business day once deal is confirmed. Upon receipt of the payment, we will offer services like QC Check, packaging and delivery according to your requirements. Shipping costs will be paid by buyers or added to your order. If you cannot arrange pick-up on time, please contact your assigned sales representative. Upon our approval, you are required to pay a deposit of 10% or more. If you cannot pay the balance before deadline, the deposit shall be forfeited. If you do not pay the deposit, the deal will be cancelled. Our company will take appropriate punitive measures against any customer found to be seriously dishonest during dealing with us depending on the severity of the behaviors. The most severe punishment is permanently terminating his right to participate our bidding process.

8. After-sales Feedback

If you have any queries on our stocks after you pick up or receive, please contact your assigned sales representative immediately. He/she will properly handle it in accordance with the terms of the contract of the deal. If you have any comments on the service of your assigned sales representative or our company, please call (852) 2377 9612 or email to enquiry@gyhk.com.

Bidding Arrangement

Bid Date

Regular Dates for Bidding

We host auction 3-times-a-week on every Monday, Wednesday and Friday, except Hong Kong public holidays. View Hong Kong public holidays.

Stocks for Bidding

Group 1

Used Mobile Phone

Group 2

Brand New/Nearly New/14-Day Mobile Phone (including Apple iCloud Mobile Phone), Handset, Main Board, Tablet, Computer, Accessories, Network Card and Router

Bidding List

List Type

Used Mobile Phone Bidding List

Used Mobile Phone

14-Day Mobile Phone Bidding List

Lot 1 (Draft Version)

Brand New/Nearly New/14-Day Mobile Phone (including Apple iCloud Mobile Phone), Handset, Main Board, Tablet, Computer, Laptop and Accessories

Lot 1 Part 1 (Final Version)

Brand New/Nearly New/14-Day Mobile Phone, Handset, Main Board, Tablet, Computer, Laptop and Accessories

Lot 1 Part 2 (Final Version)

Brand New/Nearly New/14-Day Apple iCloud Mobile Phone

Lot 2

Network Card and Router

Publication Time

Used mobile phone bidding list, the draft version of 14-Day mobile phone bidding list (Lot 1), network card and router bidding list (Lot 2) are generally published in the evening of every Sunday, Tuesday and Thursday, one day ahead of scheduled bid date.

The final versions of 14-day mobile phone bidding list (the part 1 and par 2 of lot 1) are generally published at noon on bid dates.

Viewing Channel

Visit Bidding List or follow us at WeChat public account GY-Eng or add gyhk-eng to your WeChat contact list to view our latest bidding lists on your smartphone or tablet anytime, anywhere.

Bid Method

Option One

Come to our HK headquarters to bid on site.

Option Two

Assign your assigned sales representative to bid on behalf of you.

Bid Venue, Transportation & Reception

Bid Venue

Hong Kong Headquarters

12/F

Hong Kong Headquarters' Address

5/F, 7/F, 8/F, 11/F, 12/F, Woon Lee Commercial Building, 7-9 Austin Avenue, Tsim Sha Tsui, Kowloon, Hong Kong (Next to Austin Road, near Rosary Church at Chatham Road South | Main Office: 12/F | visit Google Map)

Transportation

10-15 minutes' walk from Hung Hom Station (Exit D1), MTR East Rail/West Rail Line. (Next to Austin Road, near Rosary Church at Chatham Road South)

Walking Direction

Hung Hom Station (Exit D1) → Straight ahead along the footbridge, and then step down along the stairs in the middle of the road junctions (the right road to Hong Kong Polytechnic University, the left a long curved footbridge). → After stepping down stairs, continue forward, through two traffic lights (along Cheong Wan Road). → After crossing the zebra crossing to Chatham Road South (The Chatham Road South sign will be seen), turn left and straight along Chatham Road South. After passing the Catholic Rosary Church, turn right into Austin Avenue.

For any queries on how to walk from Hung Hom Station to our office, please visit Google Map, call our sales hotline at +852 3195 6066 or consult your assigned sales representative.

Reception If you have been followed up by your assigned sales representative, please directly contact him/her to host you for bidding. If your enquiry hasn't been assigned, please contact us by Email, Skype, WeChat or sales hotline before you come or directly visit us at our main office at 12/F for enquiry assignment.

Onsite Quality Inspection

 Inspection Venue

Hong Kong Headquarters

5/F

Used Mobile Phone

7/F

Brand New/Nearly New/14-Day Mobile Phone (including Apple iCloud Mobile Phone), Handset, Main Board, Tablet, Computer, Accessories, Network Card and Router

Inspection Method

Come to our Hong Kong headquarters for onsite quality inspection or consult your assigned sales representative about stock quality if you are unable to come to Hong Kong. (Note: It is recommended for new customers to visit our office for onsite quality inspection.)

Agenda

Time for Quality Inspection

After 11:00 am on bid dates

Bid Deadline

4:00 pm on bid dates

Pickup Time

After 6:00 pm on bid dates till the next business day