Kingold Jewelry, Inc. (KGJI) said Tuesday that it has opened its first direct retail store in City of Wuhan, one of China's largest cities where the company is headquartered in.
The first Kingold Jewelry Store is located inside the Wuhan World Trade Plaza, a 60-story high landmark building in the center of downtown Wuhan.
"We are thrilled to launch Kingold's first retail store in China just ready for the robust consumer demand during the upcoming Chinese New Year holidays," commented by Zhihong Jia, Chairman and CEO of Kingold. "While we continue to grow our traditional sales to jewelry distributors and wholesalers, Kingold has recently begun to expand our sales channel directly to more affluent consumers throughout China."
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