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Kingold Jewelry Schedules 2011 Fourth Quarter And Year End Financial Results And Conference Call

WUHAN CITY, China, March 23, 2012 /PRNewswire-Asia/ --  Kingold Jewelry, Inc. (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, announced today that it will issue its financial results for the fourth quarter and year ended December 31, 2011, on Monday, March 26, 2012, after the close of the stock market.

The Company will discuss these results in a conference call on Tuesday, March 27, 2012 at 8:30 AM ET.

The dial-in numbers are:

Live Participant Dial In (Toll Free):       877-407-0778 Live Participant Dial In (International):  201-689-8565

The conference call will also be webcast live.  To listen to the call, please go to the Investor Relations section of Kingold's website at www.kingoldjewelry.com, or click on the following link: http://www.investorcalendar.com/IC/CEPage.asp?ID=167804.

About Kingold Jewelry, Inc.:

Kingold Jewelry, Inc. (NASDAQ: KGJI - News), centrally located in Wuhan City, China's fourth largest city, was founded in 2002 and today is one of China's leading designers and manufacturers of 24-karat gold jewelry, ornaments and investment-oriented products.  The Company sells both directly to retailers as well as through major distributors across China. Kingold has received numerous industry awards and has been a member of the Shanghai Gold Exchange since 2003. For more information, please visit www.kingoldjewelry.com.

Business Risks and Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. In addition, please refer to the risk factors contained in Kingold's SEC filings available at www.sec.gov, including Kingold's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Kingold undertakes no obligation to update or revise any forward-looking statements for any reason.

Company Contact:Kingold Jewelry, Inc.Bin Liu, CFOPhone: +1-847-660-3498 (US) / +86-27-6569-4977 ( China)Email: bl@kingoldjewelry.com

INVESTOR RELATIONSThe Equity Group Inc. Adam Prior, Vice President(212) 836-9606 aprior@equityny.com

Katherine Yao, Account Executive+86 10-6587-6435 kyao@equityny.com

SOURCE Kingold Jewelry, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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