Kingold Jewelry Announces Upcoming Investor & Media Event

WUHAN CITY, China, Oct. 17, 2013 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products,today announced that the Company's management team would be hosting investor meetings and conducting media appearances during the week of November 18 in the United States.

Mr. Zhihong Jia, Chairman and Chief Executive Officer, stated, "We greatly look forward to meeting with institutional investors and conducting interviews regarding upcoming corporate activities. We also want to reiterate the continuing high levels of demand for our jewelry and investment gold products, and are confident that Kingold is well-capitalized and strongly positioned for short- and long-term growth."

The Company's management team will present an overview of Kingold's operations, including a discussion of strategy and recent activities.

Please visit Kingold's website, www.kingoldjewelry.com, under "Presentations" in the Investors section to view the accompanying slideshow presentations to be posted prior to these events.

About Kingold Jewelry, Inc.:

Kingold Jewelry, Inc. (NASDAQ: KGJI), centrally located in Wuhan City, 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.

Business Risks and Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. These include statements regarding the amount of gold to be processed in 2013, Kingold's ability to benefit from the recent stability in gold prices which will help fortify client relationships, Kingold's ability to withstand global pricing effects and gain market share from competitors that do not have such an advantage, consumer demand in China for gold, and fluctuations in net cash from operating activities. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. In addition, please refer to the risk factors contained in Kingold's SEC filings available at www.sec.gov, including Kingold's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Kingold undertakes no obligation to update or revise any forward-looking statements for any reason.

SOURCE Kingold Jewelry, Inc.