Yinfu Gold Corporation
ELRE
Other OTC1.00
USD
- -
- -
CIK
0001438461
ISIN
US98584K3014
CUSIP
98584K301
Return %
Stock
S&P500
1Y
29.87
19.01
3Y
-9.09
65.48
5Y
49.25
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Hong Zhang
- Full Time Employees
- 3
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- Dongfang Science and Technology Mansion Shenzhen GD People's Republic of China 518000
- IPO Date
- Apr 13, 2010
- CIK
- 0001438461
- Website
- uselre.com
- Similar Companies
- Business
- Yinfu Gold Corporation is an exploration stage company primarily engaged in gold exploration and mining, with a strategic focus on developing and operating gold mining assets primarily in China. Founded in 2005 and headquartered in Wyoming, USA, the company specializes in the acquisition, exploration, and development of mineral properties with key assets including the Dayu Gold Mine, acquired recently through a transaction valued at approximately USD 24 million. Alongside its core gold mining activities, Yinfu Gold Corporation is expanding into emerging application industries such as Internet technology, artificial intelligence, and the Internet of Things within China, reflecting a diversification strategy beyond traditional mining. Recent significant developments include strategic moves to raise capital via share sales in Hong Kong to fund acquisitions and investments and the ongoing development of a peer-to-peer online lending service platform intended to match lenders directly with borrowers, generating commission revenue. These operational expansions mark a notable pivot into financial technology services, supplementing its traditional resource extraction business. The company operates through its wholly owned subsidiary, China Enterprise Overseas Investment & Finance Group Limited, supporting its broader corporate and operational structure across the United States and China. Yinfu Gold Corporation continues to maintain a lean operational structure while pursuing growth in both mineral resource development and innovative technology applications in its target markets.