Reasons for cooperation. China Gold Group Co., Ltd., referred to as China Gold for short, is the only central enterprise in China's gold industry, the president unit of China Gold Association and the only governing unit of World Gold Association in China. 20 17 Company cooperated with Lingfulong Jewelry Company to sell Lingfulong Jewelry Company's products. China National Gold Group Co., Ltd. was established in early 2003. Its predecessor was China Gold Corporation, which was established in 1979.