China National Gold (SH:600916) Xin Lang Cai Jing·2025-11-24 02:31Core Viewpoint - China Gold Group Jewelry Co., Ltd. has announced the establishment of its wholly-owned subsidiary, International Company, as a key component of its internationalization strategy, aiming to integrate into the national "dual circulation" development pattern and leverage the "Belt and Road" initiative [1][2] Group 1 - The International Company will be based in Hainan and will create a comprehensive platform for cross-border supply chain management, duty-free business expansion, and cultural export, benefiting from Hainan's favorable tax policies [1] - The establishment of the International Company is supported by effective negotiations with local government, banks, and regulatory bodies, ensuring a smooth setup for cross-border capital flow [2] - The company plans to collaborate with strategic partners such as China Duty Free Group and Macau Nanguang Group to develop cultural and creative products and promote them through large cultural and sports events in the Guangdong-Hong Kong-Macao Greater Bay Area [2] Group 2 - The International Company is positioned as an "innovation engine" for China Gold to penetrate the global jewelry industry chain and drive this process forward [2] - Future plans include exploring new cross-border cooperation models based on regional characteristics to enhance the international presence of Chinese brands [2]