Jinzhou Cihang Group Co., Ltd.
000587.SZ
Shenzhen Stock Exchange0.72
CNY
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Jinzhou Cihang Group Co., Ltd.
000587.SZ
(Shenzhen Stock Exchange)
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0.72
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Jinzhou Cihang Group Co., Ltd. engages primarily in the processing, production, and wholesale of precious metal jewelry products in China. Its core product offerings include gold accessories, platinum accessories, silver accessories, inset accessories, 18K gold accessories, and handcrafted articles. The company's product portfolio spans a variety of precious metals fashioned into jewelry items serving both retail and wholesale markets. Jinzhou Cihang serves primarily domestic markets with its headquarters located in Jinzhou, China. Founded in 1994, the company was formerly known as Gold Leaf Jewelry Co., Ltd. before changing its name to Jinzhou Cihang Group Co., Ltd. in March 2016. Recently, the company signed an agreement to acquire an 11.34% equity stake in Xinjiang Huihe Bank Co., Ltd., signaling a strategic financial investment outside its core jewelry business. This move represents a notable expansion of its operational scope into finance and banking sectors. Jinzhou Cihang operates within the broader jewelry and precious metals industry and continues to focus on enhancing its core manufacturing and distribution capabilities while exploring financial sector ventures. This description captures the company’s main product categories, geographic focus, foundation and headquarters details, as well as recent strategic activity including acquisition and financial diversification within the last 1-2 years. The company maintains its primary business focus on precious metals jewelry while engaging in strategic investments to broaden its business scope.