Kingold Jewelry, Inc. (Kingold) is a designer and manufacturer of 24 Karat gold jewelry and Chinese ornaments. The Company is also engaged in developing, promoting, and selling a range of products to the jewelry market across the People�s Republic of China. The Company offers a range of in-house designed products, including, but not limited to, gold necklaces, rings, earrings, bracelets and pendants. As of December 31, 2011, the Company produced approximately 30 tons of 24 Karat gold products. The Company offers a range of 24 Karat gold products, including 99.9% and 99% pure gold necklaces, rings, earrings, bracelets, pendants and gold bars. The Company operates in this business through a variable interest entity relationship with Wuhan Kingold Jewelry Company Limited. The Company has production facilities in Wuhan.