- CEO
- Zhihong Jia
- Full Time Employees
- 630
- Sector
- Consumer Cyclical
- Industry
- Personal Products & Services
- Address
- No. 8 Han Huang Road, Jiang'an District Wuhan HB People's Republic of China 430023
- IPO Date
- Dec 23, 2009
- Business
- Kingold Jewelry, Inc. (KGJI) designs, manufactures, and sells 24-karat gold jewelry and Chinese ornaments in the People's Republic of China; its core products include in-house designed gold necklaces, rings, earrings, bracelets, pendants, and gold bars sold under the Kingold brand to wholesalers, distributors, and retailers. Founded in 2002 and headquartered in Wuhan, Hubei Province, the company operates primarily within China's consumer discretionary sector, focusing on luxury goods and investment-oriented gold products; it also invests in gold and employs approximately 630 staff. Kingold Jewelry maintains a production facility in the Huangpu Science & Technology Park and leverages proprietary manufacturing processes for 99.9% pure gold items, targeting the domestic jewelry market through direct sales and partnerships with institutions like the Jewelry Institute of China University of Geosciences. In recent years, the company voluntarily delisted from the Nasdaq Capital Market in August 2020 amid allegations of counterfeit gold collateral in loans and overdue financial filings, transitioning to OTC Pink Sheets trading; its independent auditor resigned around the same period. Earlier developments included a 2018 acquisition of a controlling stake in state-owned Tri-Ring Group for 7 billion RMB to pursue hydrogen fuel cell and real estate opportunities, alongside gold-backed financing deals like a 2018 RMB 1 billion income rights transfer with Dongguan Trust. As of 2025, Kingold Jewelry reports trailing twelve-month revenue of US$2.07 billion and net earnings of US$4.47 million, with shares trading at minimal market capitalization levels on OTC markets.