China gold is a one-stop service of self-mining, self-production and self-marketing, and the overall cost price is lower than other gold brands, which will obviously be cheaper. In addition, another reason why gold is cheap is that the main business of China Gold is gold. Many other jewelry stores are general stores, but Lao Fengxiang prefers gold jewelry, and it makes sense that China gold is cheaper than Lao Fengxiang gold because gold jewelry generally charges higher processing fees. So the price will be a little more expensive.

China Gold

1. China National Gold Group Co., Ltd. (referred to as China Gold/former China Gold Company) is a large state-owned enterprise, and its business involves the survey, design and resource development of nonferrous metals. Established in 1979.

2. The company's main business is the development, smelting, processing and trade of precious metals and associated metal resources; Radiation processing industry and related engineering and technical services. China Gold consists of seven business segments: Admiralty Gold, Admiralty Hong Kong, Admiralty Jewelry, Admiralty Construction, Admiralty Resources, Admiralty Radiation and Admiralty Trade.

3. China National Gold Group Co., Ltd., as a large-scale comprehensive gold industrial group integrating geological exploration, mining, mineral processing and smelting, product refining, processing and sales, scientific research and development, engineering design and construction, has a complete upstream and downstream industrial chain, and its business scope also involves irradiation processing, industrial financial services, cultural media and other fields. Since its establishment, China National Gold Group Co., Ltd. has been a leading enterprise in China's gold industry and has made outstanding contributions to the development of China's gold industry.

4. China Gold Group Co., Ltd. has four listed companies, namely Admiralty Gold, the first domestic A-share listed company in the gold industry, China Gold International, the second batch of mixed reform pilot by the National Development and Reform Commission, and China Gold, the first A-share IPO enterprise in the radiation disinfection and sterilization industry.

5. China National Gold Group Co., Ltd. has planned 25 gold and nonferrous metal production bases in China, and planned important metallogenic belts along the Belt and Road. The reserves of gold and copper and the output of mineral products are among the highest in China, with 48 mines and 6 smelters, mainly distributed in 26 provinces (regions) of China and overseas areas such as Congo (Brazzaville), Kyrgyzstan and Russia. 26 mines have entered the national green mine list, and always remain the first in the gold industry; 40 state-level high-tech enterprises, ranking first in the industry; "China Gold" brand has more than 3,000 marketing outlets all over the country. It has the only national gold research institute, gold design institute and two high-tech industry demonstration bases in China gold industry; Formulated more than 90% industry technical standards; At the same time, it is also the first batch of "Shanghai Gold" reference price member units, with the highest domestic comprehensive credit rating AAA and the highest international comprehensive credit rating BBB, keeping the same level as the international first-class gold companies.