CHOW TAI SENG Jewellery Company Limited(SZ:002867) Xin Jing Bao·2025-09-28 08:03Core Insights - The first Western Pearl Industry Development Conference and Jewelry Expo was held in Kaijiang County, Sichuan, attracting over 500 industry experts and leaders, marking a milestone in the development of the western pearl industry [1] - The "West Pearl" regional public brand was officially launched, emphasizing its role as a national and global industry identifier, with Kaijiang being recognized for its ecological advantages as a prime location for top-quality pearls [2] - Kaijiang aims to become a new engine for agricultural specialty industries in Sichuan, with a goal to exceed 10 billion yuan in comprehensive output value for the pearl industry within 3 to 5 years [2] Industry Development - Kaijiang has established the only pearl industrial park in the western region, with 14 supportive policies covering the entire pearl industry chain, including processing, design, and sales [3] - The pearl farming area in Kaijiang spans 17,000 acres, producing 30.8 tons of pearls annually, accounting for over 20% of the national output, with the highest proportion of jewelry-grade pearls reaching 6% [2] - A total of 41 projects were signed during the conference, with 9 signed on-site, involving various aspects of the pearl industry, enhancing market recognition [3] Cultural and Economic Integration - Kaijiang promotes a dual empowerment model of "cultural tourism + industries" to enhance the local tourism economy, with activities like blind box pearl opening and cultural experiences attracting numerous visitors [4] - The integration of pearls with jade, gold, and cultural creativity has led to the development of innovative products, increasing the added value of pearl products and promoting local cultural heritage [4] - A cooperative mechanism involving enterprises, village collectives, and farmers has been established, benefiting over a thousand local residents and significantly increasing their income [4] Notable Highlights - The world's largest free-floating pearl, weighing 2036 grams and valued at over 100 million USD, was showcased at the expo, drawing significant attention [5] - The conference will continue until October 8, featuring various industry seminars and product exhibitions to further invigorate the western pearl industry [5]