Question 1

Is a deposit required before bidding, and how is it refunded?

Accepted Answer

Yes. Paying the deposit is a required step in the auction flow before placing bids, and the deposit amount is configured together with the starting price and bid increment when the item is published. Deposit Management covers setup, payment, refund, and admin tracking; users see a total balance with Top Up, Refund, Transactions and Statements actions, and every deposit payment or refund appears in the transaction history with amount, timestamp and status.

Question 2

Is the bidding process traceable, and can buyers see other bids?

Accepted Answer

Yes. Online Bidding supports multi-round bidding with traceable bid history, and all bids, timestamps, and records are traceable. The auction detail page shows the countdown, latest price, starting price, deposit and bid increment, with a Bid Records tab listing each bidder, bid amount and timestamp alongside the Item Info and Rules tabs.

Question 3

What types of assets can the platform dispose of?

Accepted Answer

The platform is built for industrial equipment, scrap metal, idle assets, second-hand equipment, and enterprise supply-demand matching. The Idle Assets module lists industrial equipment, vehicles, scrap metal and category-based asset lists, with example listings such as concrete mixer trucks, used tower cranes, crawler excavators and bulk scrap steel priced per ton.

Question 4

Besides auctions, can users post supply or demand information?

Accepted Answer

Yes. The Supply-Demand Hall lets users publish supply or demand opportunities with region and business information. Postings are separated into Supply and Demand tabs and show the location, business type (equipment supply, equipment demand or scrap metal supply) and release date, for example a used tower crane supply, a 20t forklift demand, and bulk steel scrap supply.

Question 5

How do merchants join, and how does the platform settle commission?

Accepted Answer

The Merchant & Admin module handles merchant onboarding, item management, order management, commission split, withdrawal review, and a data dashboard. The Merchant Center exposes My Items, Orders, Commission and Withdrawals, plus a dashboard with total items, total orders and total GMV, while Platform Admin covers Merchants, Items, Orders and Data.

Question 6

How are payment and delivery handled after an auction closes?

Accepted Answer

Payment & Delivery Management is the final step of the online auction flow. The solution connects deposit, bidding, order and delivery into end-to-end management, so the publish-bid-deliver process stays online from start to finish, with logs, permissions and risk control supporting compliance and auditability.

Side	Module	Features
User (App)	Home & Entries	Search by items, categories and keywords; feature grid (Auction Marketplace, Idle Assets, Market Insights, Enterprise Services, Supply-Demand Hall, My Bids, My Orders, My Deposits, Merchant Stores, Asset Categories); Efficient Disposal / Transparent Bidding / Trusted Transactions banner; Recommended feed with All, Auctions, Idle Assets and Supply-Demand tabs; item cards with location, date and price; bottom navigation (Home, Categories, Publish, Discover, My)
User (App)	Auction Marketplace	List view with All, Auctions, Idle Assets and Supply-Demand tabs; Latest, Category, Region and Status filters; item cards showing name, location, price and release date (for example mixer trucks, used tower crane, used excavator)
User (App)	Auction Detail & Bidding	Item media with remaining-time countdown in days, hours, minutes and seconds; latest price versus starting price; deposit amount and bid increment; tabbed Bid Records, Item Info and Rules; bid history with bidder, amount and timestamp; Place a Bid action
User (App)	My Bids	Participating, Won, Not Won and History tabs; current bid per item; leading status with countdown; outbid and not-won status labels
User (App)	Deposit Management	Total balance in CNY with deposit setup entry; Top Up, Refund, Transactions and Statements actions; recent transactions list showing deposit payments and refunds with amount, timestamp and completion status
User (App)	Idle Assets	All, Equipment, Vehicles and Scrap Metal tabs; asset cards with location and price, including bulk pricing per ton for scrap steel
User (App)	Supply-Demand Hall	All, Supply and Demand tabs; postings with location, business type (equipment supply, equipment demand, scrap metal supply) and release date
Merchant / Admin	Merchant Center & Platform Admin	Business management with My Items, Orders, Commission and Withdrawals; data dashboard with total items, total orders and total GMV in CNY; platform admin covering Merchants, Items, Orders and Data

JD Auctions Model Online Auction and Industrial Asset Disposal System

System Overview

Online Auction Flow

Core Features

Admin Capabilities

Feature Checklist

Business Value

Platform Characteristics

Hot Recommendations