On May 26, China Beijing Equity Exchange successfully fulfilled judicial disposal for passenger cars with Beijing license plates (Phase II) in 2017. This judicial disposition saw a total of 2,306 applicants. At AM 8 on May 26, bidding formally started. After 10-hour bidding, bidders were finally confirmed, and bidding process concluded. Finally, 19 buyers saw up to 56 license-plate lottery times on average. Follow-up formalities of final payment, car inspection, ownership transfer and other aspects will be handled according to the relevant provisions.