China National Gold Group is the only central enterprise in China's gold industry. Established in early 2003, formerly known as China Gold Corporation, was established in 1979.
China Gold is a large-scale professional gold jewelry production and sales enterprise specializing in the brand operation of "China Gold". Its main products include gold bars, gold jewelry, gold products and K gold jewelry products.
China National Gold Group holds 43.07% of the shares of China Gold and is the controlling shareholder of China Gold. The State Council SASAC holds 0/00% shares of China National Gold Group/KLOC.
Group advantage
Since 2007, faced with the new situation, China Gold has set and exceeded the goal of quadrupling its gold resources reserves, total assets, sales revenue and profits in four years, and was promoted to Grade A in the performance appraisal of central enterprises of the State Council State-owned Assets Supervision and Administration Commission. It is also the first enterprise with the highest AAA credit rating in the domestic gold industry. China Gold has achieved leap-forward development and upgraded to a new level of development.
According to the new situation and new requirements of the 12th Five-Year Plan and the "Four Strong and Four Excellent" standards of the State-owned Assets Supervision and Administration Commission, China Gold has determined the new goals of the group company during the 12th Five-Year Plan period: the main economic indicators will reach three times that of the end of the 11th Five-Year Plan, and efforts will be made to build "strong independent innovation ability, strong resource allocation ability, strong risk management and control ability, strong talent team" and "excellent business performance, excellent corporate governance, excellent layout structure and society".