Shanghai's February Personal License Plate Auction Set for Tomorrow, Warning Price at ¥92,900

The auction for non-commercial passenger vehicle license quotas in Shanghai for February will be held from 10:30 a.m. to 11:30 a.m. on February 24. A total of 3,793 individual quotas will be offered this month, with a reserve price set at RMB 92,900. Interested participants must submit their bids within the designated time period, and the final winning bid must not fall below the reserve price. The auction will continue to follow the "price priority, time priority" principle, and bidders are reminded to prepare in advance.