A Company With A Golden Future
Founded in 2002, Kingold is a leading producer of 24-karat jewelry in China, and currently supplies large wholesalers, as well as dozens of retailers nationwide. Kingold has distinguished itself as a major brand - both in terms of its world-class designs and superior quality.
The company has grown from sales of $29 million in 2006 to $789 million in 2011, and is poised for continued growth. This includes expanding production capabilities to satisfy growing demand while aggressively consolidating a highly fragmented market.
China's urban population increased from 17.9% in 1978 to 45.7% in 2008 and is projected to reach 60% by 2020, driving consumer spending in urban areas.