Seize the Gold Channel market Gold extreme North Strategy start

Source: Internet
Author: User
Keywords ABC Golden Supreme
Tags business channel company finance financial financial crisis high high-end
See the latest quotes Ding Lei experienced financial crisis baptism, the domestic gold industry bullish.  China's gold marketing company has just announced a 2010-year strategy, April 11, the Hong Kong Resources Holdings (2882.HK) Co., Ltd., its subsidiary of Gold Extreme jewelry and Agricultural Bank signed a strategic agreement to enter high-grade gold craft gifts. Li Qingping, director of retail business and personal finance at ABC, said the reason for cooperation with Kim's jewelry is because of the gap in the high-end brand of the bank's gold sales.  It is understood that the Agricultural bank has "handed down the treasure" of the gold sales brand, to physical bullion sales. Hong Kong Resources Chairman Wong accepted this reporter interview, said, "with the Agricultural Bank of cooperation, there is a broad market space, the next few years may exceed the physical store sales." "Gold Supreme (0870,HK, formerly known as Hengfeng Gold Industry) is still in the process of suspension."  Hong Kong's resource Holdings was the largest takeover in Hong Kong since the 2008 financial turmoil. September 26, 2008, the founder of Gold jewelry, by Hong Kong people called "Hong Kong King," The jeweler wing, died of a heart attack, which led to gold extreme into a heavy financial difficulties. In May 2009, Wong and Ming Fung Group chairman Liu Wang-ji decided to jointly purchase gold Supreme, and invited Henderson Vice Chairman Ka to contribute about HK $53.3 million to the investment.  Finally, a 500 million-dollar purchase was completed last July. On the day of signing with ABC, the gold jewelry flagship store, located in the new building of Wangfujing department store, was considered as the beginning of the Golden Extreme jewellery North strategy.  It is understood that the current gold extreme jewelry (including a son brand) in the country has 280 stores, of which more than 50% of the share is owned stores. Wong revealed that "5 1" before and after the gold jewelry will be completed in the country 31 provinces and cities in the network layout. In order to facilitate management, gold jewelry will be the national market divided into four regions for management.  Wong said that the number of stores in the year will exceed 300, and 2012, is expected to reach 500. At the same time, the parent company of the Golden Extreme jewellery Hong Kong Resources Holdings will be through the industrial chain. It is understood that the Hong Kong resource Holding Group, in addition to gold bullion and other processing and design capabilities, is trying to acquire the upper reaches of the gold mine. "The acquisition is certainly a foreign mine, has signed a preliminary cooperation agreement."  "Wong said. In the rapid expansion behind, Wong Kennedy value is the rise of the domestic gold jewelry market. According to China's gold and silver jewelry Industry Research Advisory Report, 2009 China's gold and silver jewelry sales exceeded 200 billion yuan, the future to 2020, the market's expected total sales will reach 300 billion yuan scale.
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