100 tons of live crocodiles were put up for auction in China (5 photos)
Nobody here needs it? Only four million yuan. Where does China even get so many crocodiles?! 
How long does it take to grow one crocodile?
The origin of crocodiles
The thing is that in China, crocodiles are considered a highly profitable species due to their use in more than 100 products. The Chinese need not only their skin and meat, but also make all sorts of tinctures, tonics, and powders for traditional medicine. Some even make face creams and alcohol from them. Since 2003, Siamese crocodiles have been included in the list of wild animals in China that can be bred and sold for commercial purposes. Several crocodile farms have opened for this purpose. 
It's all about greed, this is a pretty high base price, I think
A Siamese crocodile usually weighs from 200 to 500 kg, so 100 tons means from 200 to 500 reptiles. That is, no one really counted them, they sell them by the tonnage. The Guangdong Hongyi Crocodile Industry Company has been breeding crocodiles since 2005. Its owner, Mo Junrong, was once called the "God of Crocodiles." His capital was 50 million yuan in his heyday. 
When there was a flood in China, a bunch of crocodiles from one such farm swam away to freedom. Here they had "fun" catching
But here's the problem, the crocodiles were CONFISCATED because the company did not pay off loans and other financial obligations. And they quickly scheduled an auction, because live crocodiles love to eat and constantly require investments. The requirements for the buyer, in addition to the fact that the delivery of a hundred tons of crocodiles at his expense, will also need to cover the costs of catching and weighing the crocodiles. They sell almost blindly, you can get more than you plan. It's like a closed garage sale in the USA. And no one has bought the poor crocodiles to this day, although the auction page on Alibaba has become a real hit and the subject of jokes in China. 
They grow crocodiles in China, and suffer from an invasion in Indonesia. They should cooperate somehow
Although this is not the first attempt by the court to sell crocodiles at auction. In January and February, the court held two auctions with a starting price of five million yuan and four million yuan, respectively, but both auctions failed. Meanwhile, the crocodiles continue to live and demand meat. Although the Chinese court also behaves extremely strangely in cases involving the sale of property for debts. During the sale of the property of one of the bankrupts in Yancheng (also a millionaire), the court even put up for auction a bottle of Sprite confiscated from him. 
A photo of the bottle from that auction, weird...
The bottle, which usually cost six yuan in stores, started at 4.2 yuan. Which sparked an online debate about the sheer stupidity of such an act and a waste of judicial resources. Do you think the crocodiles will be sold? Or will the poor things eventually die of starvation.
