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As of right now, the global jewelry and fashion industries are doing their best to adapt during this unprecedented time. In Wuhan City, China, Kingold Jewelry, Inc. has announced on June 1st that Yi Huang is now its Acting Chief Financial Officer. Kingold is one of the country's best manufacturers of designed 24-karat gold jewelry.

Mr. Bin Liu will be assisting the company's newest CFO in order to help in achieving a proper transition. Huang and Liu's new positions went into effect as of June 1st, 2020. Mr. Huang is an accounting graduate from Zhongnan University of Economics and Law, China.

According to a comment by Chairman and CEO, Mr. Zhihong Jia for the press release, “We are pleased to announce the appointment of Yi Huang to the position of Acting Chief Financial Officer of Kingold. Mr. Huang’s experience working with the Kingold leadership team in roles of increasing responsibility since 2005 makes him a perfect fit to assume the role of Acting Chief Financial Officer as we continue our efforts to maintain our position as a leading manufacturer and designer of gold jewelry products in China. During Mr. Huang’s years of service at Kingold, he has been a key contributor in the successful operations of our business, as well as leading numerous financing and business transactions.”

“All of us at Kingold are grateful for Mr. Bin Liu’s contributions and we appreciate his willingness to work closely with Acting CFO Mr. Huang and the rest of our leadership team to help ensure a smooth transition. We wish Mr. Liu and his family all the best for the future,” concluded Mr. Jia.

About Kingold Jewelry, Inc.

Kingold Jewelry, Inc. (NASDAQ: KGJI), centrally located in Wuhan City, one of China's largest cities, was founded in 2002 and today is one of China's leading designers and manufacturers of 24-karat gold jewelry, ornaments, and investment-oriented products. The Company sells both directly to retailers as well as through major distributors across China. Kingold has received numerous industry awards and has been a member of the Shanghai Gold Exchange since 2003. For more information, please visit www.kingoldjewelry.com.

Information originally sourced from BusinessWire.