Kingold Jewelry Announces Launch Of English Language Website
The new web site is intended to help investors better understand China’s 24 karat gold jewelry industry and Kingold’s position within the industry, its corporate history, unique business model and management team.
ABOUT KINGOLD JEWELRY
Kingold Jewelry, Inc. (OTCBB:
centrally located in Wuhan City, China's fourth largest city, was
founded in 2002 and today are designers and manufacturers of 24K gold
jewelry sold by weight. The Company sells both directly to retailers and
through major distributors across China. Kingold has received numerous
industry awards and has been a member of the Shanghai Gold Exchange
since 2003. Sales have grown from $29 million in FY 2006 to $250 million
in FY 2009 with net income growing from $1.3 million to $8.7 million
over the same period.
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