Yes According to the international jewelry website, China Hong Kong Baosheng Jewelry was founded in Hong Kong on 1982 by the descendants of the Yang family living abroad. In the late Qing Dynasty, in order to escape the war, Yang's grandparents went to Nanyang to make a living. After decades of hard work, Yang's grandparents made a fortune in Southeast Asia, and became a local noble family. However, Yang's ancestors did not forget their hometown when they got rich. They have been giving their money to help their hometown's education and social development for a long time. In order to establish the concept of children's hometown, Yang's ancestors formulated family rules, requiring children to return to their hometown to start businesses when they grow up, so as to contribute to the development of their hometown. In the early 1950s, some descendants of the Yang family moved to Hong Kong, China and took root in Hong Kong, China.