Legal basis: Article 395 of the Civil Law of People's Republic of China (PRC) Scope of Collateral The following properties that the debtor or a third party has the right to dispose of can be mortgaged:
(1) buildings and other ground attachments (2) the right to use construction land (3) the right to use sea areas (4) production equipment, raw materials, semi-finished products and products (5) buildings under construction, ships and aircraft (6) means of transportation (7) other properties that are not prohibited by laws and administrative regulations from being mortgaged.
The mortgagor may mortgage the property listed in the preceding paragraph together.