The gold shops that can trade in the old for the new are basically jewelry brands that can trade in the old for the new, and the consumption power of the target customer group is relatively low. For example, some small gold shops can trade in old ones for new ones, but they need a handling fee of around 20 yuan per gram.
Xie Ruilin, Chow Tai Fook and Zhou Shengsheng, which can't trade in old ones, are all domestic first-line brands; Cartier, Bulgari and Tiffany are all international first-line brands, and the jewelry stores of these brands do not provide redemption services.