Legal basis: Civil Code of People's Republic of China (PRC).
Article 312 The owner or other obligee has the right to recover the lost property. If the lost property is occupied by others through transfer, the obligee has the right to claim damages from the person who has no right to dispose of it or request the transferee to return the original property within two years from the date when he knows or should know the transferee; However, if the transferee buys the lost property by auction or from a qualified operator, the obligee shall pay the expenses paid by the transferee when requesting the return of the original property. After paying the fee to the transferee, the creditor has the right to recover from the unauthorized person.
Article 314 Lost Property Found shall be returned to the creditor. The finder shall promptly notify the obligee to collect or deliver it to the public security and other relevant departments.