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Included in the group is a precious metals wholesale business. The company operates Chow Sang Sang jewelry stores. Over 50 stores combined are in Hong Kong, Macau, and Taiwan. Another 155 stores are located in 60 cities in Mainland China. [3]
Fuqi was founded in 2001 and had its IPO in 2007. [2] As of December 31, 2008 (the date of its last 10-K SEC filing), Fuqi had 69 jewelry retail counters and stores in China and approximately 950 employees. 97% of its revenue came from wholesale jewelry sales.
Yiwu International Trade City (Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [3] [4] In 2022, the market sold around US$70 billion of goods. [5]
The jewelry, too, is more understated, like a diamond-studded pendant made from gold and red enamel, designed to emulate the Chinese characters that make up the name of the store and of Cheng Yu ...
1994: Opened the first retail shop in Guangdong Province, Mainland China. 1996: Set up "China Gems Laboratory Limited" in Hong Kong. The Laboratory passed the ISO 17025 in Jadeite Authentication, Diamond Testing and Gold Testing in 2005, 2009 and 2015 respectively. It also met the ISO 9001 Quality Management Systems Requirements. [4]
Kimberlite Diamond was founded in 1995 and the brand is China's first diamond-based retailing jewelry company. [1] In 1997, the company reached a "Quality Appraisal Agreement" with the HRD (Belgian High-level Diamond Council). [2] In September, 1998, Kimberlite became a member of the Gems & Jewelry Association of China. [1] [3]
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