Kingold Jewelry, Inc. is engaged in designing and manufacturing 24-karat gold jewelry and Chinese ornaments, through a variable interest entity relationship with Wuhan Kingold Jewelry Company Limited (Wuhan Kingold). 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 24-karat gold products, including 99.9% and 99% pure gold necklaces, rings, earrings, bracelets, pendants and gold bars. The Company processed approximately 60.1 metric tons of 24-karat gold products. The Company is a member of the Shanghai Gold Exchange.