Kingold Jewelry Inc(KGJI.NSDQ)
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WebSite:
http://www.kingoldjewelry.com/s/Home.asp
Introduction from Google Finance
Kingold Jewelry, Inc., formerly Activeworlds Corp. is engaged in the business of designing, manufacturing and sale of gold jewelry in the People鈥檚 Republic of China (PRC) through a variable interest entity relationship with Wuhan Kingold Jewelry Company Limited. In December 2009, the Company acquired Wuhan Kingold Jewelry Co., Ltd.
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Introduction from Company WebSite

Founded in 2002, Kingold was allowed to privately manufacture jewelry after the liberalization of the Chinese jewelry industry.

After eight years of consistent growth, the company is a leading producer of 24-karat jewelry in China, and currently supplies five of the largest wholesalers in the country, 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 $250 million in 2009, and is now poised for the next stage of growth. This includes expanding production capabilities to satisfy growing demand while aggressively consolidating this highly fragmented market.

Consolidating A Billion Dollar Industry
Currently, there are over 8,000 jewelry manufacturers in China, making it a highly fragmented market with no dominant players.

As the only major company focused entirely on the production of 24-karat jewelry, Kingold is optimally positioned to capitalize on this immense sector.

Kingold is one of the few companies in the world with the manufacturing, distribution and management expertise to capitalize on China's 24-karat gold jewelry market.

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