Core Insights - The gold prices in China have shown significant discrepancies among different brands, with prices ranging from 920.8 yuan per gram for investment gold bars at Cai Bai to 1198 yuan per gram at high-end brands like Chow Tai Fook [1][3][5]. Price Discrepancies - On November 1, 2025, the price of gold at Chow Tai Fook was 1198 yuan per gram, while Lao Miao Gold was at 1193 yuan, and China Gold was at 1118 yuan, indicating a price difference of up to 80 yuan per gram among brands [1][5]. - Investment gold bars at Cai Bai were priced at 920.8 yuan per gram, closely matching the Shanghai gold spot price of 920.7 yuan per gram, while other brands like Chow Tai Fook and Chow Sang Sang priced their investment gold at 1058 yuan per gram [3][5]. Market Dynamics - The price variations are attributed to recent fluctuations in international gold prices, which peaked at 4381.21 USD per ounce on October 20, 2025, before dropping below 4000 USD by October 28 [5][11]. - High-end brands maintain higher price points to preserve brand value, while mid-range brands are reducing price gaps to attract price-sensitive consumers [7][13]. Consumer Behavior - Young consumers prioritize style and brand over price differences, while middle-aged consumers are more price-conscious, often comparing prices across multiple stores [13][15]. - The gold recovery market is also active, with buyback prices ranging from 900 to 910 yuan per gram, indicating a profit margin for those who purchased gold earlier in the year [8][10]. Sales Trends - Despite high gold prices, sales have increased by 15% compared to the previous year, as consumers are concerned about potential future price increases [10][15]. - The market is witnessing a clear segmentation, with high-end customers opting for premium brands and middle-income consumers gravitating towards more affordable options [13][15].

Core Insights - International gold prices have declined, leading to adjustments in domestic gold jewelry retail prices [1] - Major brands such as Chow Tai Fook and Luk Fook have reduced their gold prices significantly [1][2] Price Adjustments - Chow Tai Fook's gold price is now set at 1198 CNY per gram, down by 25 CNY from the previous day [1] - Luk Fook's price has dropped to 1189 CNY per gram, a decrease of 34 CNY [1] - Other notable price changes include: - Lao Feng Xiang: 1202 CNY, down 18 CNY - Zhou Da Sheng: 1232 CNY, unchanged - Ya Yi Gold Store: 1192 CNY, down 28 CNY - Zhou Sheng Sheng: 1199 CNY, down 24 CNY - Lao Miao Gold: 1192 CNY, down 28 CNY [1][2] Brand Rankings - The ranking of gold jewelry prices among major brands is as follows: 1. Chow Tai Fook: 1198 CNY 2. Lao Feng Xiang: 1202 CNY 3. Zhou Da Sheng: 1232 CNY 4. Ya Yi Gold Store: 1192 CNY 5. Luk Fook: 1189 CNY 6. Zhou Sheng Sheng: 1199 CNY 7. Lao Miao Gold: 1192 CNY 8. Chao Hong Ji: 1223 CNY, unchanged 9. Cai Bai Jewelry: 1162 CNY, down 13 CNY 10. Xie Rui Lin: 1223 CNY, down 9 CNY [1][2]

Group 1 - The price of physical gold from Xie Ruilin is quoted at 1235 CNY per gram on October 15, 2025, an increase of 20 CNY per gram compared to the previous trading day [1] - The price of gold bars is 1161 CNY per gram on the same day, up by 18 CNY per gram from the previous day [1] - The previous day's prices were 1215 CNY per gram for gold and 1143 CNY per gram for gold bars on October 14, 2025 [1] Group 2 - The article mentions a statement from U.S. President Trump regarding the announcement of a list to close Democratic projects, indicating potential political influences on market conditions [1]

Core Viewpoint - International and domestic gold prices have reached new highs, with domestic gold jewelry brands increasing their prices significantly, surpassing 1235 CNY per gram [1] Price Changes - On October 15, 2023, several brands reported their domestic gold prices, with notable prices including: - Chow Tai Fook gold jewelry at 1235 CNY/gram - Luk Fook Jewelry gold at 1235 CNY/gram - Xie Ruilin gold jewelry at 1235 CNY/gram - Chao Hong Ji gold at 1235 CNY/gram - Lao Miao gold in Shanghai at 1235 CNY/gram - Chow Sang Sang gold jewelry at 1233 CNY/gram - These prices reflect an increase of over 100 CNY per gram compared to October 1, 2023 [1]

Core Viewpoint - The company announced the resignation of Mr. Yang Yu Lin as Chief Financial Officer and Company Secretary effective October 5, 2025, to focus on other business commitments [1] Group 1 - Mr. Yang Yu Lin will also cease to be the authorized representative under the Hong Kong Stock Exchange Listing Rules effective October 5, 2025 [1] - Ms. Zheng Xing Yi has been appointed as the Company Secretary, effective October 5, 2025 [1] - Independent non-executive director Mr. Chen Wei Kang has been appointed as the authorized representative, effective October 5, 2025 [1]

相关事件 谢瑞麟(00417.HK)：杨毓麟辞任财务总裁、公司秘书及授权代表 谢瑞麟(00417.HK)股权高度集中 格隆汇10月5日丨 谢瑞麟(00417.HK)宣布，杨毓麟自2025年10月5日起辞任公司财务总裁、公司秘书及 于联交所证券上市规则第3.05条项下的授权代表("授权代表")，以投放更多时间于彼其他业务承诺。 ...

Core Points - Mr. Yang Yulin will resign as the Chief Financial Officer and Company Secretary of the company effective October 5, 2025, to dedicate more time to other business commitments [1] - Ms. Zheng Xingyi has been appointed as the Company Secretary, effective October 5, 2025 [1] - Independent Non-Executive Director Mr. Chen Weikang has been appointed as the authorized representative of the company, effective October 5, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 及 公司秘書及授權代表之委任 (1) 財務總裁、公司秘書及授權代表之辭任 謝瑞麟珠寶（國際）有限公司（「本公司」）董事會（「董事會」）宣佈，楊毓麟先生 （「楊先生」）自二零二五年十月五日起辭任本公司之財務總裁、公司秘書（「公司秘 書」）及於香港聯合交易所有限公司（「聯交所」）證券上市規則第3.05條項下的授權 代表（「授權代表」），以投放更多時間於彼其他業務承諾。 楊先生確認，彼與董事會並無意見分歧，亦無任何有關其辭任而需提請本公司股東及 聯交所垂注的事宜。 TSE SUI LUEN JEWELLERY (INTERNATIONAL) LIMITED 謝瑞麟珠寶（國際）有限公司 * （於百慕達註冊成立之有限公司） （股份代號：417） 財務總裁、公司秘書及授權代表之辭任； 邱安儀 董事會謹藉此機會對楊先生於其任內對本公司作出之寶貴貢獻，致以衷心致謝。 (2) 公司秘書及授權代表之委任 * 僅供識別 1 董 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00417 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,500,000,000 | HKD | | 0.25 | HKD | | 375,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 1,500,000,000 | HKD | | 0.25 | HKD | | 375,000,000 | 本月底法定/註冊股本總額： HKD 375,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 ...

Core Viewpoint - The price of domestic gold jewelry has surged to a record high of 1130 CNY per gram, driven by the increase in spot gold prices exceeding 3880 USD per ounce [1] Price Movements - On October 1, the price of Chow Sang Sang's gold jewelry reached 1130 CNY per gram, an increase of 19 CNY per gram compared to two days prior (September 29) [1] - The prices for Chow Tai Fook, Luk Fook, and other brands of gold jewelry were reported at 1129 CNY per gram, with a rise of 21 CNY per gram from two days earlier [1] - Lao Miao Gold's gold jewelry in the Shanghai region was priced at 1125 CNY per gram, up by 17 CNY per gram from two days prior [1]