Kingold Jewelry Inc, one of Mainland China's leading manufacturers and designers of 24-karat gold jewellery, ornaments and investment products, signed a Cooperation Agreement of Precious Metal Products with Hubei Bank Corporation Limited on 28 October，2014. Under the agreement, Kingold will design and manufacture 24-karat gold investment-oriented products, including coins, bars and ornaments for resale by Hubei Bank to its customers throughout the province.
Besides, Kingold's investment gold products are now being resold in a number of provinces throughout Mainland China, including Beijing, Hubei, Jiangsu, Jiangxi, Liaoning, Zhejiang, Henan and Sichuan Provinces.
Chairman and CEO, Jia Zhihong said, "We continue to gain traction in the growth of investment gold as a percentage of our overall business. Our strategy is to leverage our design and manufacturing capabilities into a sector of the market where branded banking products are continuing to see steady demand. We intend to provide the finest quality 24-karat gold products to customers located throughout the Bank's network of approximately 127 retail branches."
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